Numeraire (NMR) tokens are rewarded to participants who succeed in this competition. The token also serves to support the economic system of the platform and acts as a means of value transfer among participants. Another significant feature of NMR is that it grants owners the right to vote within the platform. This allows token holders to contribute to and influence the development of the Numerai platform. Numeraire is built on the Ethereum blockchain, following the ERC-20 token standard. This enables users to store NMR tokens in compatible wallets and engage in buying and selling on Ethereum-based exchanges. Numerai's objective is to reward participants who make successful predictions by contributing to the development of better predictive models for financial markets. However, it's crucial to note that financial and cryptocurrency markets are dynamic and involve inherent risks, emphasizing the importance of thorough research before engaging in such investments.