The stock market is inefficient with respect to new developments in machine learning — only a fraction of the world's data scientists have access to its data. Numerai is changing this.
Because Numerai abstracts its financial data, data scientists do not know what the data represents and human biases and overfitting are overcome.
We are incentivizing the construction of an artificial intelligence hedge fund with Numeraire, a cryptographic token on the Ethereum blockchain.
"... a new cryptographic token that can be used in a novel auction mechanism to make overfitting economically irrational."