Numerai is a new type of hedge fund created by a network of experienced data scientists, designed to solve inefficiencies of the stock market with respect to advances in machine learning. Only a small fraction of data scientists around the world have access to the data they need. Numerai abstracts its financial data, eliminating human biases and overfitting. The Numerai and the new Numeraire token price are regulated by the Numerai hedge fund, with its NMR price token regulating its own private market.
|Genesis Date||June 20, 2017 (8 months)|
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|Paxos Standard Token (PAX)||$1.012621||-0.39%|