{"id":1938,"date":"2017-03-21T17:09:50","date_gmt":"2017-03-21T17:09:50","guid":{"rendered":"http:\/\/thebitcoinpodcast.com\/?p=1938"},"modified":"2017-03-21T20:58:36","modified_gmt":"2017-03-21T20:58:36","slug":"bc15","status":"publish","type":"post","link":"https:\/\/thebitcoinpodcast.com\/bc15\/","title":{"rendered":"BlockChannel Episode 15: A Hedge on Ethereum, with Numerai"},"content":{"rendered":"<p><iframe loading=\"lazy\" style=\"border: none;\" src=\"\/\/html5-player.libsyn.com\/embed\/episode\/id\/5189867\/height\/90\/width\/640\/theme\/custom\/autonext\/no\/thumbnail\/yes\/autoplay\/no\/preload\/no\/no_addthis\/no\/direction\/backward\/render-playlist\/no\/custom-color\/87A93A\/\" width=\"640\" height=\"90\" scrolling=\"no\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p>On this episode of BlockChannel, McKie, Dee and Dr. Petty are joined by Richard Craib. Richard is the mind behind \u201cNumerai\u201d; an AI-based hedge fund that feeds off of data science and machine-learning modeling. Models that are used on Numerai for algorithmic trading are submitted by users (Data Scientists) on the platform, where they are rewarded \u201cNumeraire\u201d tokens for successful modeling. Numeraire is not a currency in itself; the tokens are used for Data Scientists to essentially \u201cbet\u201d on their own machine learning models and how well they\u2019d actually perform on a live market with real money. This form of \u201cstaking\u201d allows the scientist to essentially receive a dividend of sorts for their successful modeling. As the success of Numerai grows, so will the overall proportion of funds being paid off to data scientists.<\/p>\n<p>This project is made possible my utilizing the Ethereum public chain; we believe it\u2019s a ground-breaking concept, one that hopefully is replicated across other hard sciences. Dive in and keep an open-mind!<\/p>\n<p>Support the Show! ETH Donation Address: 0xa368e33E927D825F5FD05463E6A781414672251c<\/p>\n<p><strong>Show Links:<\/strong><\/p>\n<ul>\n<li>Numerai:\u00a0<a title=\"https:\/\/numer.ai\/about\" href=\"http:\/\/numer.ai\/about\" target=\"_blank\" rel=\"nofollow\">numer.ai\/about<\/a><\/li>\n<li>Numeraire Token Info:\n<ul>\n<li><a href=\"http:\/\/numer.ai\/whitepaper.pdf\">numer.ai\/whitepaper.pdf<\/a><\/li>\n<li><a href=\"http:\/\/www.wired.com\/2017\/02\/ai-hedge-f\u2026-like-open-source\/\">www.wired.com\/2017\/02\/ai-hedge-f\u2026-like-open-source\/<\/a><\/li>\n<\/ul>\n<\/li>\n<li>Augur:\u00a0<a title=\"https:\/\/augur.net\" href=\"http:\/\/augur.net\" target=\"_blank\" rel=\"nofollow\">augur.net<\/a><\/li>\n<\/ul>\n<p>Intro\/Outro Music \u201cComeback\u201d by Umai: <a href=\"https:\/\/soundcloud.com\/thebaygerian\/comeback-1?in=thebaygerian\/sets\/next-day-heir\">Thebaygerian \u2013 Comeback-1<\/a><\/p>\n<p><strong>Show Sponsor(s):<\/strong><\/p>\n<ul>\n<li>Cryptodex: <a title=\"https:\/\/www.cryptodex.io\" href=\"http:\/\/www.cryptodex.io\" target=\"_blank\" rel=\"nofollow\">www.cryptodex.io<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>On this episode of BlockChannel, McKie, Dee and Dr. Petty are joined by Richard Craib. Richard is the mind behind \u201cNumerai\u201d; an AI-based hedge fund that feeds off of data science and machine-learning modeling. Models that are used on Numerai for algorithmic trading are submitted by users (Data Scientists) on the platform, where they are [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":1939,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","unlock_protocol_post_locks":"","publish_to_discourse":"","publish_post_category":"","wpdc_auto_publish_overridden":"","wpdc_topic_tags":"","wpdc_pin_topic":"","wpdc_pin_until":"","discourse_post_id":"","discourse_permalink":"","wpdc_publishing_response":"","wpdc_publishing_error":"","footnotes":""},"categories":[1],"tags":[17,15,10,14,37,16],"_links":{"self":[{"href":"https:\/\/thebitcoinpodcast.com\/wp-json\/wp\/v2\/posts\/1938"}],"collection":[{"href":"https:\/\/thebitcoinpodcast.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thebitcoinpodcast.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thebitcoinpodcast.com\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/thebitcoinpodcast.com\/wp-json\/wp\/v2\/comments?post=1938"}],"version-history":[{"count":3,"href":"https:\/\/thebitcoinpodcast.com\/wp-json\/wp\/v2\/posts\/1938\/revisions"}],"predecessor-version":[{"id":1944,"href":"https:\/\/thebitcoinpodcast.com\/wp-json\/wp\/v2\/posts\/1938\/revisions\/1944"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thebitcoinpodcast.com\/wp-json\/wp\/v2\/media\/1939"}],"wp:attachment":[{"href":"https:\/\/thebitcoinpodcast.com\/wp-json\/wp\/v2\/media?parent=1938"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thebitcoinpodcast.com\/wp-json\/wp\/v2\/categories?post=1938"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thebitcoinpodcast.com\/wp-json\/wp\/v2\/tags?post=1938"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}