Numerai's Richard Craib on How to Crowdsource Good Predictions - Ep.89

from  Unchained

Oct 23, 2018

 

While many companies like to use buzzwords like crypto, blockchain, AI and encryption, Numerai actually combines all these technologies in a novel way. Founder Richard Craib discusses how his hedge fund started off crowdsourcing good financial models from data scientists to optimize its trading strategies in global equities. He then explains how it airdropped a token, the Numeraire, to those data scientists, giving them the option to stake some Numeraire for models they were especially confident...more

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