Numeraire to Be Listed on Websea on January 26th

Websea will list Numeraire (NMR) on January 26th at 9:00 UTC.

Refer to the official tweet by NMR:

NMR Info

Numeraire is a platform based on Ethereum that empowers developers and data scientists to develop and refine machine learning models in a decentralized environment. The core objective of the platform is to introduce decentralization into the realm of data science, facilitating competition in the creation of robust machine learning prediction algorithms.

The operation of Numeraire revolves around the Numerai tournament, where developers compete to produce high-performing models. Successful models from this competition are then used by Numeraire for stock market trading decisions, making the platform an innovative intersection of AI-driven data predictions and financial market operations.

NMR, the native token of the Numeraire platform, stands out due to its unique origination from a hedge fund. The NMR token rewards data scientists for effective model performance in the tournament, enhancing its value as participation grows. Structured as an ERC-20 token on the Ethereum blockchain, NMR operates under the Ethereum proof-of-stake (PoS) consensus, wherein validators and block producers are chosen based on their staked NMR holdings.