One of the Top 20 AI Blockchain projects — Numerai

LiveTiles brought to my attention 20 AI Blockchain projects through a great infographic.
Numerai is one that I profiled in 2017 backed by Fred Ehrsam, Joey Krug, Juan Benet, Olaf Carlson-Wee and Union Square Ventures.

Numerai is creating a meta-model from all the Machine Learning (ML) algorithms developed by “the crowd” with cryptographic data. Numerai aims to offer a platform that generates alpha in a novel way. It wants to structure a rewarding mechanism for its traders that not only eliminates the typical competitive and adversarial behavior between them but actually, penalizes them.

The Big Hairy Audacious Goal of Numerai: network effects in Quant trading — Efi Pylarinou

Numerai is a unique venture. It remains the only hedge fund built on blockchain and using ML and data science in a novel way. The novelty…