Numerai is a platform built on Ethereum that enables developers and data scientists to explore and develop reliable machine learning models. Its primary aim is to decentralize the field of data science, empowering developers to compete in building efficient prediction models using machine learning. Established in San Francisco towards the end of 2015, Numerai proudly presents itself as the pioneer hedge fund to introduce a cryptocurrency. Diverging from conventional hedge funds, Numerai relies on the data and forecasts generated by participants in tournaments to actively participate in stock market activities. They boast of being the first hedge fund to substantially incorporate machine learning into their investment approach.
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