# Numerai

`kaal:entity:numerai`

**Status.** derived

This node is assembled mechanically from the 2 claims that carry the concept tag `numerai`. It is a roster of what the corpus says under this term. It is **not** an adjudicated definition: no single statement here has been ruled canonical, and no first-appearance call has been made. Read the claims and judge for yourself.

## Every claim under this term

2 claims across 2 works, 2017 to 2019.

**2017**

- [3002908-038](https://wulfkaal.github.io/claims/3002908-038) [mechanism/evidenced] -- The Numerai model reduces overhead costs because there is no cost of human capital, and it eliminates barriers to entry because participating users need neither capital nor any special finance or data knowledge.
  > reducing overhead costs because there is no cost of human capital.135 In addition, Numerai eliminates barriers to entry because users do not need capital or any special finance or data knowledge.
  Wulf A. Kaal, Marco Dell'Erba, Blockchain Innovation in Private Investment Funds - A Comparative Analysis of the United States and (2017). SSRN: https://ssrn.com/abstract=3002908

**2019**

- [3409548-008](https://wulfkaal.github.io/claims/3409548-008) [mechanism/argued] -- In the Numerai model, using artificial intelligence to synthesize competing data scientist models into a meta model raises efficiency and improves capital allocation by reducing overhead costs.
  > In the Numerai model, the use of artificial intelligence increases efficiency and optimum capital allocation by reducing overhead costs.
  Kaal, Financial Technology and Hedge Funds (2019). SSRN: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3409548

## Verify

Every claim above resolves to a record carrying a verbatim source quote, the sha256 of the source PDF, and a preformatted citation. Nothing here asks to be taken on trust.

    curl -s https://wulfkaal.github.io/entities/numerai.md | sha256sum

**Canonical form.** This markdown file is the canonical hashed representation of this entity node. Its sha256 is the content hash.