Numerai a small cap AI Blockchain gem

Numerai a small cap AI Blockchain gem

By Eli Pylarinou

Blockchain and AI are the most trending technologies. Blockchain for Finance and AI for Finance ventures are also increasing. The combination is hoped to fuel the autonomous financial infrastructure that will host all kinds of intelligent applications in capital and financial markets.

Numerai was and is a bleeding edge venture. It remains the only hedge fund built on blockchain and using ML and data science in a novel way. The novelty lies in changing the incentive and compensation structure of the fund manager.

Almost 200,000 models submitted by data scientists around the world for a competition to crowdsourced the best prediction models.