
Numeraire (NMR)
Rank #291
Market snapshot
- Price
- $8.29
- Market cap
- $61.4M
- 24h volume
- $6.6M
- Circulating supply
- 7,414,060.5439
- Total supply
- 10,625,482.6658
- Max supply
- 11,000,000
What is Numeraire?
Numeraire (NMR) is a cryptocurrency designed to operate on the Ethereum platform. It allows users to stake on their predictive models, which can result in earning or burning cryptocurrency based on the performance of those models. This mechanism integrates the fields of finance and machine learning, enabling a unique approach to data science and asset management.
Key information
- Symbol
- NMR
- CMC rank
- #291
- Network / platforms
Ethereum
- Categories
- N/A
- Date added
- Jun 23, 2017
Contract address
Contract addresses are stored from CoinMarketCap metadata and are shown as recorded. CoinLoom does not independently certify them as official.
Ethereum
0x1776e1F26f98b1A5dF9cD347953a26dd3Cb46671
Official resources
Risks
Digital asset prices can be volatile and can change materially. Users should verify the contract address and network before transferring assets. Self-custody requires secure private-key and recovery-phrase handling. Centralized platforms can involve operational, custody, and counterparty risk. Availability and regulatory treatment can vary by jurisdiction. Transaction finality and reversibility can differ by network.
Transfer and custody notes
Verify the asset name, network, and any supplied contract details before transferring. Verify destination address and network before sending assets. Review the custody method, including self-custody versus a third-party platform. Understand that transfers may be irreversible and that CoinLoom does not confirm exchange availability.
FAQ
- What is Numeraire (NMR)?
- Numeraire (NMR) is a cryptocurrency that operates on the Ethereum platform, allowing users to stake on predictive models to earn or burn cryptocurrency.
- What are the risks associated with transferring Numeraire?
- Digital asset prices can be volatile. Users should verify the contract address and network before transferring assets. Self-custody requires secure private-key handling.
- How can I verify my Numeraire acquisition?
- Verify the asset name, network, and contract details before transferring. Ensure the destination address is correct before sending assets.
- Where can I find official resources for Numeraire?
- You can find official resources for Numeraire on their [website](https://numer.ai/) and their [whitepaper](https://numer.ai/whitepaper.pdf).