Numeraire

31.4207
1.0860%
USD
Exchange NMR
x
Price History
Market Cap
95,920,775 USD
24h Volume
47,503 USD
Circulating Supply
3,052,785 NMR
Max Supply
11,000,000 NMR
Numeraire Overview
The numéraire (or numeraire) is a basic standard by which value is computed. In mathematical economics it is a tradeable economic entity in terms of whose price the relative prices of all other tradeables are expressed. In a monetary economy, acting as the numéraire is one of the functions of money, to serve as a unit of account: to provide a common benchmark relative to which the worths of various goods and services are measured. Using a numeraire, whether monetary or some consumable good, facilitates value comparisons when only the relative prices are relevant, as in general equilibrium theory. When economic analysis refers to a particular good as the numéraire, one says that all other prices are normalized by the price of that good. For example, if a unit of good g has twice the market value of a unit of the numeraire, then the (relative) price of g is 2. Since the value of one unit of the numeraire relative to one unit of itself is 1, the price of the numeraire is always 1.
Blockchain
Ethereum
Consensus Method
Ethereum Consensus
Status of Project
Prototype / Mvp
Coin Age
18 months
Algorithm
N/a
Block Processing
N/A
Emission Rate
Proportional To Network Activity
Community size
16,540
Open Source
Yes
CEO
Richard Craib
CTO
Geoffrey Bradway
Team Memberes
14 member, 6 developers
x