The Ether Review #68 — Numerai, The Last Hedge Fund

Xander Dunn and Richard Craib discuss Numerai, a new kind of hedge fund built by a network of data scientists. The Numerai platform crowdsources machine learning by releasing encrypted data sets to data scientists, incentivising them to develop machine learning algorithms to analyse the data. Scientists then bid their predictions to the hedge fund by staking funds, and are […]