Listing Numeraire Token (NMR) on VNDC Wallet

Listing Numeraire Token (NMR) on VNDC Wallet

VNDC officially lists Numeraire Token (NMR) on VNDC Wallet from September 5th. After NMR is added, users can perform the following functions with NMR: 

  • Off-chain transactions: Send, receive NMR with other users on the same system.
  • Exchange: Swap from VNDC to NMR and vice versa.

About Numeraire

Numeraire is an Ethereum-based blockchain platform that allows data scientists to predict financial models by providing encrypted data. By combining the power of Machine Learning, AI technology, data science, and cryptography, Numeraire builds an optimal economic model without sacrificing data security.

Founded in late 2015 in San Francisco, Numerai was the first hedge fund to launch a cryptocurrency in the market that allows users to protect their portfolios from market volatility while generates positive returns in both up and down markets. However, unlike traditional hedge funds, Numerai requires the cooperation of data scientists to develop the system and get the most out of it.

The development team claims that Numeraire is the first hedge fund to use Machine Learning in its investment strategy. Numeraire’s goal is to be a platform that combines data science, machine learning, and AI with cryptography to reward scientists for predicting financial models using cryptographic data.

Website: https://numer.ai/ 

What is NMR token?

Numeraire token (NMR) is a utility token for the Numeraire network, operating on the Ethereum platform according to the ERC20 standard. Data scientists need to stake their NMR to predict model finance in the Numeraire network and receive a bonus for each correct prediction.

Specifications:

  • Name: Numeraire Token
  • Symbol: NMR
  • Platform: Ethereum
  • Standard: ERC-20
  • Smart Contract Address: 0x1776e1F26f98b1A5dF9cD347953a26dd3Cb46671
  • Type: Utility Token

NMR has been listed on some of the largest cryptocurrency exchanges like Binance, Upbit, OKEx, HitBTC,… At the time of listing on VNDC Wallet, NMR ranked #140 on CoinMarketCap, with some price data as follows:

NMR Price

1,068,346 VNDC

Market Cap

478,452,982 USD

24h Trading Volume

22,844,908 USD

Circulating Supply

10,198,144 NMR

Max Supply

11,000,000 NMR

Trading NMR on VNDC Wallet

At the moment, users can perform the following features with NMR on VNDC Wallet

  • Off-chain transactions: Send, receive NMR with other users on the same system.
  • Exchange: Swap from VNDC to NMR and vice versa.
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