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The price of has fallen 0 in the past 7 days.The price declined 0 in the last 24 hours.The current price is 0 per NMR.

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What is Numeraire (NMR)?

Numerai is a crowdsourced hedge fund that uses artificial intelligence to trade in global equity markets. It operates through the Numerai Tournament, where thousands of data scientists download encrypted financial data to build predictive models. The platform aggregates the best models into a "Meta Model," which trades the stock market. Participants are not paid a fixed salary; instead, they are rewarded based on the performance of their models relative to the market.

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Major Ecosystem Developments (2024–2026)

Numerai has recently scaled its operations and model capabilities through significant funding and product updates:

Series C Funding (Nov 2025): Numerai raised $30 million in a Series C round led by major university endowments and investors, valuing the project at approximately $500 million. This capital is allocated to scaling the "Numerai Crypto" product and enhancing the AI research infrastructure.

Numerai Crypto (V2 Universe): Following its launch in 2024, the Numerai Crypto tournament fully transitioned to the "V2 Universe" in late 2025. This contest allows data scientists to submit predictions on a universe of hundreds of liquid cryptocurrencies, separate from the traditional stock market tournament.

Dataset v5.1 "Faith" (Oct 2025): The platform released Dataset v5.1, the largest update to its data structure in years. This release introduced thousands of new "features" (data points), allowing models to find deeper correlations and improve the accuracy of the Meta Model.

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Token Utility

The NMR token is a "work token" that facilitates the platform's staking-based meritocracy:

Staking on Models: Participants stake NMR to back their predictions. This stake acts as "skin in the game." Good performance yields NMR rewards, while bad performance results in the burning of staked tokens.

Burn Mechanism: When NMR is burned due to poor model performance, it is permanently removed from the supply.

Governance: While Numerai is not a DAO in the traditional sense, the "Council of Elders" (a group of long-term participants) provides feedback and signals community sentiment on upgrades like payout curves and tournament rules.

Technical Specifications

Token Standard: ERC-20 (Ethereum)

Consensus: Proof-of-Stake (Model Confidence)

Max Supply: Capped at 11 Million NMR (Deflationary via Burn)

Key Product: Numerai Tournament & Signals

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