kaal:claim:2998033-022

Requiring data scientists to stake a cryptocurrency on their own predictions converts private confidence into a public signal, which enables the fund to select the optimal model and improve fund performance.

Source quote, verbatim

The staking process, in turn, enables Numerai to choose the optimal model and in the process improve the performance of its hedge fund.

From

Wulf A. Kaal, Blockchain Innovation for Private Investment Funds (2017), III.2. Combining AI, Big Data, and Blockchain, p. 21
https://ssrn.com/abstract=2998033 · source PDF

Cite as

Wulf A. Kaal, Blockchain Innovation for Private Investment Funds (2017). SSRN: https://ssrn.com/abstract=2998033

Holds when

describes Numerai's use of the Numeraire token as a staking mechanism

Classification

mechanismsupport: arguedrisk-and-incentives

Related claims

extended_by kaal:claim:3409548-010 Requiring data scientists to stake a cryptocurrency on their own predictions is a workable remedy for overfitt...

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