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At its core, Numeraire is a blockchain-based platform designed to foster a decentralized hedge fund that solely relies on the collective intelligence of data scientists around the world. By implementing a unique, proprietary artificial intelligence methodology known as the “Meta Model,” Numeraire aggregates various predictions made by independent data scientists, converging their insights to produce accurate trading signals.
The guiding vision of Numeraire is to construct a system that seeks the “truth” within data, facilitating informed decision-making for financial institutions. The project’s token, NMR, plays a pivotal role in this ecosystem, incentivizing data scientists to participate while alleviating the risks associated with submitting predictive models.