Numeraire vs ConstitutionDAO — how do they compare? Numeraire trades at Rp145,207 (market cap Rp1,08T, Rp100,44M 24h volume), while ConstitutionDAO trades at Rp140.07 (market cap Rp702,54M, Rp117,01M 24h volume). The key difference: Numeraire is far larger — about 1537.3× ConstitutionDAO's market cap, and Numeraire's supply is capped (7,4M / 11M NMR (68%)) while ConstitutionDAO's keeps growing. Which is the better fit depends on your goals — on Pluang, investors hold Numeraire for 32 Days and ConstitutionDAO for 29 Days on average.
| NMR | PEOPLE | |
|---|---|---|
Market Cap | Rp1,08T | Rp702,54M |
Volume (24h) | Rp100,44M | Rp117,01M |
Circulating Supply | 7,4M / 11M NMR (68%) | 5,1B PEOPLE |
Typical Hold Time | 32 Days | 29 Days |
What Pluang investors did over the last 30 days
Numerai is an Ethereum-based platform allowing developers and data scientists to experiment and create machine learning models with improved reliability. NMR token is awarded to data scientists whose models perform well in the Numerai tournament. This means that the token becomes more valuable as more people enter the tournament and start competing. The models ventured for the tournament also allow Numerai to actively participate in stock market trading based on the results revealed by participating projects.
Read more on NMR →Constitution DAO was an experiment that has now been dissolved. In November 2021, a group web3-enthusiasts gathered as a decentralized autonomous organization with the shared objective of buying a copy of the U.S. Constitution at a Sotheby’s Auction. There are only 13 original physical copies of the U.S Constitution in existence, which meant that this auction sparked a competitive bidding battle. Even though the group managed to raise well over $40 million in ETH, it ultimately fell short and was outbid by Ken Griffin, a billionaire hedge fund manager and CEO of Citadel.
Read more on PEOPLE →