What is Numeraire

Numeraire is a cryptocurrency and software with hedge fund functionality designed to facilitate asset trading on the Ethereum blockchain. It was launched in 2017 and became the world's first cryptocurrency from a hedge fund. Numeraire gained significant popularity and recognition, supported by well-known organizations such as Union Square Ventures and co-founder of Coinbase. Numeraire operates as a unique platform where tournaments in AI and data science are held, and where users can stake cryptocurrency to back their market predictions.

The platform aims to eliminate the emotional factor from trading strategies, allowing users to build machine learning models on abstract financial data.