Why Numeraire could Hit $10000,00!
-The stock market is inefficient with respect to new developments in machine learning — only a fraction of the world's data scientists have access to its data. Numerai is changing this.
-The stock markets value is continuing to grow and now has a total value of 294 USD trillion
-Most big hedge funds are worth Billions of Dollars because they are working with high speed trading algorithms. It makes it impossible for you and me to be trading with a profit. Well it makes it almost impossible, a very small % might manage to make some money.
Numeraire is a hedge fund in which an artificially intelligent system chooses all the trades.
Numeraire could get an edge on the stock market if their data scientist create better trading models then any other Hedge Fund/wall street is using now.
Imagen all the best data scientists in the world competing for the best model. Eventually they could find several better models then there are right now. This means that Numeraire as a hedge fund can now trade with by having an edge on their competitors, potentially making Billions of Dollars.
Now this does not mean we share in the profit of the higher revenue. If new better trading models come out and prove to work then it will drive the price up from the Token and we all get a piece of the pie. The more cutting edge trading models Numeraire holds the higher the price will go up.
All new models will be encrypted and other hedge funds wont be able to use them. They might even try to buy them out for a very high price in the future.
