Main Purpose
Numerai is a quant hedge fund that combines crowdsourced machine learning models to predict the stock market.
Key Features
- Crowdsourced Machine Learning: Numerai leverages thousands of machine learning models submitted by data scientists to create a meta model for predicting the stock market.
- Staking with Cryptocurrency: Data scientists stake their best models using Numerai's cryptocurrency, NMR, which aligns incentives and rewards accurate predictions.
- Numerai Signals: Numerai also offers a tournament called Numerai Signals, where data scientists can use their own data to compete.
Use Case
- Stock Market Prediction: Numerai is primarily used for predicting stock market performance by combining machine learning models.
- Data Science Competition: Data scientists can participate in the Numerai tournament to showcase their skills and compete with other participants.
