Review on Numeraire by francis fernandez
Numeraire: a tool for successful market predictions
The cryptographic market has hundreds of digital currencies with important utilities, but, however, there are few that maintain a stable value; which translates into a high risk of economic loss for its holders; predicting stock market changes is a difficult task to accomplish.
In this sense, the founders of Numeraire decided to focus their project on this task.
Numeraire is a platform that uses blockchain technology, artificial intelligence and statistical data to make predictions in a secure and decentralized way of the movements of the crypto market.
Token:
The Numeraire platform uses the NMR token as the driving force behind the chain's operations.
NMR is an ERC-20 token because it operates on the Ethereum chain.
Utilities:
For developers:
• Serves as a tool for the creation of autonomous learning systems.
• Allows you to make market forecasts focused on success.
• It allows to obtain income as a reward for the growth of the platform.
• It allows programming the behavior of the currency through the use of smart contracts.
For users:
• Allows you to trade assets.
• Allows data exchange.
• Serves as a payment mechanism for transaction fees.
• Allows you to trade forecasts by paying cryptocurrencies.
Pros
- It is a platform that combines multiple technologies.
- Allows you to make market predictions safely.
- Allows you to trade
Cons
- The coin cannot be mined.
