
Live Numeraire price
Numeraire price chart
Numeraire (NMR) price details

Numeraire price history
Numeraire technical analysis

Numeraire (NMR) sentiment
About Numeraire
What Is Numeraire
Numeraire (NMR) is the native cryptocurrency of the Numerai platform, designed to incentivize data scientists in building reliable machine learning models for stock market predictions.Origin and Background
Founded in late 2015 in San Francisco, Numerai stands out as a pioneering hedge fund that integrates cryptocurrency into its operations. It claims to be the first hedge fund to heavily rely on machine learning for investment strategies, decentralizing data science through tournaments where participants submit predictions.Founding Team and Proponents
The project was started by Richard Craib, a data scientist with a background in quantitative finance. It has garnered support from investors and the crypto community, emphasizing collaboration among developers and scientists.Core Concept and Ecosystem
At its heart, Numeraire rewards accurate predictions in weekly tournaments. The ecosystem includes the Numerai platform on Ethereum, where users stake NMR to participate, fostering a decentralized network for AI-driven financial modeling.How Does Numeraire Work
Numeraire operates on the Ethereum blockchain, leveraging its infrastructure for secure and decentralized transactions.Blockchain and Consensus Mechanisms
As an ERC-20 token, NMR benefits from Ethereum's proof-of-stake (PoS) consensus. Validators are chosen based on staked amounts, ensuring network security without high energy use, unlike proof-of-work systems.Smart Contracts and Technical Principles
Smart contracts automate staking and reward distribution in tournaments. Users interact via public and private keys: public keys for addresses, private keys for signing transactions securely. This setup enables seamless participation in model submissions and payouts.How Is New Numeraire Created
Numeraire follows a predetermined issuance model with no ongoing mining.Issuance Method and Supply Limit
NMR has a maximum supply of 11,000,000 tokens. Initial distribution occurred through the project's launch, with circulation growing via releases and rewards.Mining/Staking Mechanisms
There's no traditional mining; instead, users stake NMR on predictions in tournaments. Accurate models earn rewards from a pool, while incorrect ones risk staked tokens being "burned."Inflation Model and Rewards
The model is deflationary, with burns reducing supply over time. Rewards incentivize quality contributions, balancing ecosystem growth without unlimited inflation.The Use Cases of Numeraire
Numeraire extends beyond simple transactions, focusing on AI and finance integration.Payments and Incentives
NMR is used to pay out rewards in Numerai tournaments, encouraging data scientists to refine models.DeFi and Governance
In DeFi, users stake NMR for participation rights. It also enables governance voting on platform updates.Other Applications
It supports cross-border transfers of value in the AI space and could integrate with NFTs for unique model representations or data assets.Buy, Send, or Store Numeraire
Getting started with Numeraire involves secure platforms and wallets.Purchasing Channels
Buy NMR on exchanges like WEEX, which offers a trusted trading environment. Register on WEEX to earn a free 20 USDT bonus, making it easy to enter the crypto space. https://www.weex.com/how-to-buyWallet Types and Storage
Use hot wallets for quick access or cold wallets for enhanced security. Store private keys offline to prevent hacks.Operational Processes
To send, input the recipient's address and confirm via your wallet. Always double-check details for safe transfers.Pros & Cons / Risks
Pros
- Decentralized AI development fosters innovation in data science. - Secured by Ethereum's PoS for reliable, energy-efficient operations. - Rewards accurate predictions, promoting high-quality contributions.Cons / Risks
- Price volatility can lead to significant value swings. - Regulatory uncertainties in crypto and AI sectors pose challenges. - Technical risks, like smart contract vulnerabilities, could affect stakes.Comparison
Numeraire differs from Bitcoin, which focuses on store-of-value, by emphasizing AI model incentives. Unlike Ethereum's broad smart contract utility, NMR targets niche data science competitions, positioning it uniquely in the AI-crypto intersection.Conclusion / Next Steps
Numeraire holds potential for growth in decentralized AI and finance, with expanding tournaments and tech upgrades. For deeper insight, review the whitepaper or join community discussions. Consider exploring WEEX for trading opportunities—check it out to stay engaged.Market & Ecosystem
Market Cap & Trading Volume
As of 2025-09-08, Numeraire's market cap is $140,954,189 USD, with a 24-hour trading volume of $326,507,570 USD.Exchanges Where It’s Listed
NMR is available on major platforms, including WEEX for secure trading.Community Size & Activity
The community thrives on Twitter, Reddit, and Telegram, with active discussions on tournaments and updates.Ecosystem Growth
Partnerships with data firms and rising developer activity signal strong expansion in AI-driven finance.Official links
Social media and community
FAQ
1. What is the current price of Numeraire (NMR) in USD?
2. What is the market capitalization of Numeraire (NMR)?
3. What is the circulating supply of Numeraire (NMR)?
4. What factors influence the price of Numeraire (NMR)?
5. Is Numeraire (NMR) a good investment?
6. Where can I buy Numeraire (NMR)?
7. What are the typical fees when buying Numeraire (NMR)?
8. What are some technical indicators used for analyzing Numeraire (NMR)?
Currency price converter
Popular
Global prices
How to buy
Numeraire news
What you bought on CEX is really not US stocks: Analyzing the 94% liquidation monopoly and the evaporation of equity under a five-layer pipeline
Peeling back its smooth trading interface to examine the underlying legal relationships and settlement processes, you will find that this is far from a simple "RWA asset revolution," but rather a complex game of interests involving spot pricing, rights ownership, and the monopoly of underlying custo...
In such a crowded cross-border payment arena, where is the next stop for the future?
Only by stepping into the mud can one have the chance to touch gold.
Why Is Bitcoin Down in 2026? What We Can Learn From 2022
Why is Bitcoin down in 2026? Bitcoin has just recorded its worst first half since 2022, with back-to-back quarterly losses, record ETF outflows, and extreme fear. Here's what history says, how 2026 differs from the last bear market, and the three signals traders should wat
The large models in the United States are moving towards closure in the name of security
The government successfully inserted itself as an approver between commercial AI models and their users for the first time.
From the white-haired stock god to the billionaire fund mogul, the smart people shorting Nvidia are all getting rich using the same framework
Give up on heavily investing in Nvidia's "nine major bottlenecks"! This article analyzes the underlying logic behind top AI investors making billions: physical infrastructure such as electricity, HBM, and optical interconnects are the true keys to wealth in AI hardware.
Morning Report | CoinEx becomes a key hub for Iran to evade sanctions, involving over $3.8 billion in funds; Kalshi seeks a new round of financing, with a valuation potentially rising to $40 billion
Overview of Important Market Events on June 25
Website
Whitepaper
GitHub
Reddit
X(Twitter)











