Numerai is a new kind of hedge fund. We transform and regularize financial data into machine learning problems for our global network of data scientists. Numerai is not a search for the ‘best’ model; it is a platform to synthesize many different, uncorrelated models with many different characteristics. Our data scientists compete on the leaderboard, but models are ranked and rewarded based on their contribution to the meta model. A trustless relationship exists between Numerai and our data scientists, facilitated by encryption and anonymity. Data scientists do not need to tell us who they are, and receive payments in Bitcoin.