Introducing Erasure Quant

Erasure’s first finance tournament

Numerai built a stock-picking tournament on Erasure. We’ll use it to crowdsource alpha for our hedge fund. So tool up to make money. Quant is only the first in an ecosystem of tournaments on Erasure. So fork it and build your own.

We’re excited to announce Erasure Quant, the first dapp on the Erasure protocol. Erasure Quant is a stock-picking tournament that achieves something previously impossible: provable point-in-time stock predictions. Submit encrypted predictions to the blockchain. Reveal them to build reputation. Stake money on your next ones and sell to the highest bidder.

Quant demonstrates Erasure’s power as a finance tool. We’re solving a real problem — our own. We’re hunting for diversifying signals on stocks we trade, and want to enrich our community of data scientists along the way. But Erasure isn’t only for us. Quant is the first of many tournaments to be built by others on the Erasure protocol, towards a radically more open hedge fund industry.

How Quant Works

“A great vampire squid…jamming its blood funnel into anything that smells like money.” — Matt Taibbi on Goldman Sachs

Erasure Quant takes Numerai’s core insight — that markets beat hierarchies when sourcing signals about the future — and goes further. We open the market. On Quant, use any data you want. Own your reputation. Sell to anyone.

We’re launching Quant soon, along with the Erasure protocol. We’re announcing it now so you have time to tool up. Here’s what you need to know to make money on Quant. Email us at quant@numer.ai with questions.