Innovative Crowdsourcing Model
Numerai utilizes a crowdsourced approach to hedge fund management, inviting data scientists worldwide to contribute predictive models for stock market forecasts. This approach encourages diverse ideas and has the potential to improve forecast accuracy.
Data Anonymization
Numerai provides data that is anonymized and purified, which allows data scientists to focus on modeling without worrying about privacy concerns and protecting proprietary data.
Potential Earnings
Participants can earn rewards in the form of the cryptocurrency Numeraire (NMR) based on the performance of their models, which provides a financial incentive for contributing high-quality models.
Transparent Performance Monitoring
Numerai provides a transparent performance evaluation system, allowing contributors to track the effectiveness of their models and see how they stack up against others in the community.
Community Collaboration
The platform fosters a sense of community among data scientists, encouraging them to share ideas, collaborate, and learn from one another through forums and various competitions.
We have collected here some useful links to help you find out if Numerai is good.
Check the traffic stats of Numerai on SimilarWeb. The key metrics to look for are: monthly visits, average visit duration, pages per visit, and traffic by country. Moreoever, check the traffic sources. For example "Direct" traffic is a good sign.
Check the "Domain Rating" of Numerai on Ahrefs. The domain rating is a measure of the strength of a website's backlink profile on a scale from 0 to 100. It shows the strength of Numerai's backlink profile compared to the other websites. In most cases a domain rating of 60+ is considered good and 70+ is considered very good.
Check the "Domain Authority" of Numerai on MOZ. A website's domain authority (DA) is a search engine ranking score that predicts how well a website will rank on search engine result pages (SERPs). It is based on a 100-point logarithmic scale, with higher scores corresponding to a greater likelihood of ranking. This is another useful metric to check if a website is good.
The latest comments about Numerai on Reddit. This can help you find out how popualr the product is and what people think about it.
Numerai? Though I'm not so sure - their coin seems to have lost a lot of dollar value since I last checked. https://numer.ai/. - Source: Hacker News / about 1 year ago
For example the Numerai hedge fund's data science tournament for crowdsourced stock market prediction is giving out their expensive hedge fund quality data to their users but it's transformed enough that the users don't actually know what the data is, yet the machine learning models are still working on it. To my knowledge it's not homomorphic encryption because that would be still too computational expensive, but... - Source: Hacker News / over 2 years ago
If you are interested in the machine learning part, you can try the Numerai tournament ( http://numer.ai ). They provide obfuscated high quality hedge fund data that participants can train their models on and send back only their predictions and then they combine the user's predictions into their market neutral meta model which they actively trade. So far their fund's returns looks promising in their category... - Source: Hacker News / over 3 years ago
This does not solve your problem, but you would be interested in https://numer.ai which is a "wisdom of the crowds" ML competition for stock market predictions. Source: almost 4 years ago
Company: Numerai (https://numer.ai) Position: Web Developer Location: San Francisco (Remote/On-site with WFH days) Numerai is a new kind of hedge fund powered by thousands of competing data scientists from around the world, all working to predict the stock market. - Source: Hacker News / over 4 years ago
Also it seems you would enjoy the numer.ai stock prediction hedge fund tournament if you didn't already know about it. It's interesting not because of their token, and it's not about pump & dumps but because it's about providing actually useful stock predictions using machine learning models and getting rewarded for it. And you don't have to worry about the technical details of the trade execution on exchanges. So... Source: over 4 years ago
Interesting read! Have you had a look at what numer.ai is doing? You might find it interesting. Source: almost 5 years ago
Wow fascinating. What do you ideally want to see in terms of datasets enabled by user data? Having vendors vacuum up my data is sub-optimal, but I'm not familiar with how to build models without giving away my data. Open source models owned by society? Numerai style training (that I don't understand) https://numer.ai/ ? - Source: Hacker News / almost 5 years ago
Depends on how good it needs to be. Perhaps there's a way to create an open source training set? Like Numerai but instead of a hedge fund it's photo data: https://numer.ai/. - Source: Hacker News / almost 5 years ago
Https://numer.ai/ is probably more interesting (finance wise). Source: almost 5 years ago
Numerai | Web Developer | San Francisco | Remote/On-site with WFH days | Full Time | https://numer.ai Numerai is a new kind of hedge fund powered by thousands of competing data scientists from around the world, all working to predict the stock market. We are hiring a web developer / front-end engineer to lead the development of the website that our participants use weekly to download data, upload... - Source: Hacker News / almost 5 years ago
There are some places where you can sell: Https://quantiacs.com Https://www.quantconnect.com/market/ Https://numer.ai/ Https://www.tuned.com/. Source: almost 5 years ago
You are looking for something like Numerai. Check it https://numer.ai. Source: almost 5 years ago
In crypto, the best quant fund is probably numer.ai , they also don't offer a public fund, yet they have hinted that they may in the future. They currently only crowdsource AI-based strategies from programmers and pay them according to their AI's performance, or penalize them if they fail. Definitely check them out, they may fail too in the long run, but as far as I know they are one of the most likely to succeed... Source: about 5 years ago
If youโre already signed up here: https://numer.ai Then you can buy NMR on coinbase. Source: about 5 years ago
It's a bit more complex. Our allocation mechanisms will reward accurate stakers by returning more ALOE than they staked, and innaccurate stakers will be returned less, much like the algorithmic trading competition numer.ai. Individual stakers that predict effectively will gradually have greater weight and say in the allocation and weaker stakers will gradually have less. We anticipate effective stakers to make use... Source: about 5 years ago
I haven't seen it get much love on this sub, but I'm a big fan of NMR (https://numer.ai/). Think of it as an AI-powered hedge fund with a pool of data scientists trying to democratize access and lower the bar for entry into the finance world/stock market. The scientists compete to make the best model predicting financial markets. If they succeed, they're rewarded with a percentage of their tokens staked, and if... Source: about 5 years ago
This might interest you too if you do not know of it already: https://numer.ai/. Source: about 5 years ago
And today projects like https://numer.ai/ have made ongoing business out of AI auctions. - Source: Hacker News / about 5 years ago
Numerai is a pretty interesting project imo. Using tokens as rewards for correct predictions in stock market movements. It also has value movements that are pretty independent from the rest of the market. However it goes sideways usually. I hold a small bag because it's imo really interesting and isn't directly correlated with the big coins/tokens. Source: about 5 years ago
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