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Easily convert NMR to IOTX with ConvertOnline's efficient tool.
Numeraire (NMR) is a cryptocurrency that serves as a utility token for Numerai, a hedge fund that utilizes machine learning and data science to make investment decisions. NMR functions as an incentive for data scientists to build and submit predictive models that contribute to the fund's trading strategies, rewarding those whose models perform well.
IoTeX (IOTX) is a blockchain platform designed to connect the Internet of Things (IoT) with decentralized technologies. Its primary function is to enable secure and privacy-centric interactions between devices, allowing for seamless data exchange and automated processes in a decentralized manner.