The NFT experiments of @hb_scout got me thinking on how to increase the value of your model without increasing your NMR exposure in case you can’t or don’t want to.
I would like your opinion (legal, economical and alignment with Numerai’s spirit) on these different approaches:
- Sell your weekly predictions: @hb_scout approach. Simple and straightforward, the sale can be promoted here in the forum and sold via OpenSea/NFT (although with high gas friction costs) or traditional ecommerce channels (ebay, shopify, plain old paypal)
- Rent a model: License your model and give access to the renter (maybe through stake/unstake-only API keys) while you keep submitting normally
- Create a small fund: Potentially by making a portfolio of your (and other participant’s?) models and stake investors’ money on their behalf, with the typical hedge fund compensation structure.
I understand this may not be in the spirit of Numerai’s tournament but there is a fair chance for good data scientists that could be burned by the NMR volatility or maybe don’t have the funds to invest in their promising model.
Let me know what you think!