Sunday, June 25, 2017

Why AI Hedge Fund Moved From Bitcoin to Ethereum Network


Why AI Hedge Fund Moved From Bitcoin to Ethereum Network

Numerai, a hedge fund created by South African developer Richard Craib, has begun to incentivize its anonymous data scientists with Ethereum's native token Ether instead of Bitcoin. In December of 2016, Craib introduced a concept called Numeraire, a Blockchain and cryptographic token-based ecosystem wherein data scientists are incentivized to create a more efficient market for traders.

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