Overview

Numeraire is a decentralized data science platform that leverages machine learning to predict stock market movements. It operates as a high-stakes, global tournament where data scientists compete by building predictive models using obfuscated, high-quality financial datasets provided by Numerai. These models are scored on performance over a 20-day period using metrics like correlation and contribution to the platform's meta model. Participants can stake the native cryptocurrency, NMR, on their predictions, earning more NMR for accurate models or losing staked NMR if their models underperform. This staking mechanism creates a self-regulating incentive structure. The platform has already paid over $16 million in NMR to data scientists and encourages continued innovation through community bounties and governance rights. By combining anonymized data access, machine learning modeling, and crypto-based incentives, Numerai aims to crowdsource the world's most accurate stock market prediction meta-model.

Whitepaper & Documents