$NMR NMR Coin, full name Numeraire, is a cryptocurrency based on the Ethereum blockchain, issued by the Numerai platform. Here are some key pieces of information about NMR Coin:

• Definition and Function: Numeraire (NMR) Coin is the internal currency of the Numerai platform, used to reward and incentivize data scientists to participate in the development and improvement of its predictive models. It is also used as voting rights, allowing holders of NMR Coin to participate in decision voting on the Numerai platform, including voting on new features and participating in platform governance.

• Total Supply and Circulation: The total supply of NMR Coin is limited, currently set at 11 million coins. The circulating supply is 674,664 NMR, total supply is 2,349,328 NMR, and the circulation rate is 28.7%.

• Listed Trading Platforms: NMR Coin is listed on multiple trading platforms, including Binance, Coinbase, Gate.io, etc. These platforms provide users with opportunities to trade NMR Coin.

• Application Scenarios: NMR Coin, as the internal currency of the Numerai platform, is used as a reward and incentive mechanism to encourage data scientists to contribute to its predictive models. Additionally, NMR Coin can also be bought and sold on cryptocurrency exchanges, allowing investors to gain returns through trading NMR Coin.

• Project Background: Numerai is a hedge fund fintech company that uses AI technology, based on a model of dual anonymity for users and data, opening encrypted data to users, and building artificial intelligence models through a combination of numerous models contributed by users for subsequent modeling and analysis, using AI to achieve investment results.

• Future Prospects: As the Numerai platform continues to develop and grow, the use of NMR Coin will further expand. At the same time, with the maturity and popularity of the cryptocurrency market, NMR Coin is expected to become one of the preferred tools for investors and data scientists.