• Numeraire is the creator of Erasure, a live protocol on the Ethereum blockchain that allows the staking and burning of NMR tokens, the native token of the Erasure Protocol.

  • Erasure's current use cases include the following:

    • Numerai Tournament: A hedge fund that trades equities based on an aggregation of thousands of predictions made by a global network of competing data scientists.

    • Numerai Signals: An ongoing tournament to gather Russell 3000 stock predictions.

    • Erasure Bay: An information exchange marketplace where any type of information can be traded, including valuation models, product feedback, and more.

  • The NMR token can be used as payment for data, tournament payouts, staking, and is also burnt as a way to punish bad actors on applications built on the Erasure Protocol.