[ANN][ICO] [NaPoleonX] 1st 🌟French🌟 algorithmic crypto asset manager 🚀 - page 100.

sockpuppet1911

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Activity: 994

Merit: 278

Quote from: toolucky98 on October 12, 2017, 01:11:57 PM

Quote from: Korsakopf on October 12, 2017, 12:55:31 PM

I wonder if the bots could have predicted the giant run that BTC is on right now. If it was visible somewhere deep in the technical analyses.

Well, this has happened before (bitcoin cash fork), i think this will be a similiar pattern.

And in theory, bots could predict the patterns that follow after the crash.

Voltaje

sr. member

Activity: 350

Merit: 250

Quote from: ParRus on October 12, 2017, 03:33:07 PM

Quote from: topesis on October 12, 2017, 02:57:03 PM

Quote from: matjas on October 12, 2017, 10:21:34 AM

Quote from: Trrrt on October 12, 2017, 06:56:51 AM

Yes the NapoleonX team handle the marketing and the communication very well. They participate to a lot of event worldwide and now the project has a huge visibility. NapoleonX will raise a lot, it’s really a major project.

Good that the team is leaving no stone untouched, because the ICO are getting it difficult to raise money in the market now, some good project will but this all depend on how the market view the ICO and this an only be evaluated when the token sale commence
You can check their impressive media/press/meetups list on their webpage. Recently they participated on blockchain forums in London and Barcelona, that just shows how devoted they are to the project.

I agree, it's very important when there is such a dense interaction with public.
NaPoleonX is becoming more popular as result of which investors show great interest, and it's great.

Yes, fortunately, they delayed the ICO, right now there is too much money going into BTC, and the community is growing, which wasn't so hight before, now we have more time to do things Cheesy

, and after BTC fork, we will go up very fast Cheesy

.

ParRus

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Activity: 490

Merit: 104

Quote from: topesis on October 12, 2017, 02:57:03 PM

Quote from: matjas on October 12, 2017, 10:21:34 AM

Quote from: Trrrt on October 12, 2017, 06:56:51 AM

Yes the NapoleonX team handle the marketing and the communication very well. They participate to a lot of event worldwide and now the project has a huge visibility. NapoleonX will raise a lot, it’s really a major project.

Good that the team is leaving no stone untouched, because the ICO are getting it difficult to raise money in the market now, some good project will but this all depend on how the market view the ICO and this an only be evaluated when the token sale commence
You can check their impressive media/press/meetups list on their webpage. Recently they participated on blockchain forums in London and Barcelona, that just shows how devoted they are to the project.

I agree, it's very important when there is such a dense interaction with public.
NaPoleonX is becoming more popular as result of which investors show great interest, and it's great.

Sozialtourist

full member

Activity: 686

Merit: 101

Quote from: Rigorous on October 12, 2017, 01:54:11 PM

Quote from: KryptoKings on October 12, 2017, 09:30:05 AM

Quote from: Rigorous on October 09, 2017, 04:31:52 PM

Quote from: KryptoKings on October 08, 2017, 02:16:38 PM

Quote from: Rigorous on October 04, 2017, 04:04:03 PM

NPX voters and Strategy Managers get paid in DAF tokens once a month. But what happens with the equivalent amount of ETH and the underlying assets (eg. Future contracts) in the meantime?

Do not forget that botons are performance fees paid in DAF new token. That means that there is no cash movement when botons are paid. So the exposure in real assets do not change at all, only the value of the DAF tokens are affected. And this is done on a continous basis through the use of provisions that are reset at the end of the month when new DAF token are issued in the case of positive performance and higher highs.

When I asked that question I thought paying out DAF tokens also meant setting apart the ETH equal to the value of the DAF tokens. But of course that only happens when liquidating, right?

No, Performance fees are paid in DAFs tokens that can be freely exchangeable once issued and will also be backed by ETH in the corresponding DAFs, contrary to a lot of project. If DAFs token holders want to have access to these ETH, they will need to collectively agree to do that with a 75% threshold. This is a security mechanism to ensure trust in the DAFs assets as they could be redeemed at any time.

So that means there will be a secondary market for DAF tokens. The result could be quite interesting, something like a cryptocurrency-mirrored Future Tracker. And then I haven't even taken into account the hedging features.

These DAF tokens will also be on the Ethereum platform, right? So yeah there should be no problem to trade them on an exchange like ED.

Heimer

sr. member

Activity: 518

Merit: 250

Quote from: Trrrt on October 12, 2017, 02:58:23 PM

A bot can predict a lot of thing, it depend of his power and how it is coded. I think bot behind daf will be very powerfull when I see the level and the serious of the NapoleonX team. I have big hope for the the future of the project, huge benefit incoming.

Exactly, good coding skills are needed for this kind of job. With right developers bots will be able to outperform average traders Cool

Trrrt

full member

Activity: 448

Merit: 107

A bot can predict a lot of thing, it depend of his power and how it is coded. I think bot behind daf will be very powerfull when I see the level and the serious of the NapoleonX team. I have big hope for the the future of the project, huge benefit incoming.

topesis

hero member

Activity: 630

Merit: 500

Quote from: matjas on October 12, 2017, 10:21:34 AM

Quote from: Trrrt on October 12, 2017, 06:56:51 AM

Yes the NapoleonX team handle the marketing and the communication very well. They participate to a lot of event worldwide and now the project has a huge visibility. NapoleonX will raise a lot, it’s really a major project.

Good that the team is leaving no stone untouched, because the ICO are getting it difficult to raise money in the market now, some good project will but this all depend on how the market view the ICO and this an only be evaluated when the token sale commence
You can check their impressive media/press/meetups list on their webpage. Recently they participated on blockchain forums in London and Barcelona, that just shows how devoted they are to the project.

Rigorous

full member

Activity: 574

Merit: 115

Quote from: KryptoKings on October 12, 2017, 09:30:05 AM

Quote from: Rigorous on October 09, 2017, 04:31:52 PM

Quote from: KryptoKings on October 08, 2017, 02:16:38 PM

Quote from: Rigorous on October 04, 2017, 04:04:03 PM

NPX voters and Strategy Managers get paid in DAF tokens once a month. But what happens with the equivalent amount of ETH and the underlying assets (eg. Future contracts) in the meantime?

Do not forget that botons are performance fees paid in DAF new token. That means that there is no cash movement when botons are paid. So the exposure in real assets do not change at all, only the value of the DAF tokens are affected. And this is done on a continous basis through the use of provisions that are reset at the end of the month when new DAF token are issued in the case of positive performance and higher highs.

When I asked that question I thought paying out DAF tokens also meant setting apart the ETH equal to the value of the DAF tokens. But of course that only happens when liquidating, right?

No, Performance fees are paid in DAFs tokens that can be freely exchangeable once issued and will also be backed by ETH in the corresponding DAFs, contrary to a lot of project. If DAFs token holders want to have access to these ETH, they will need to collectively agree to do that with a 75% threshold. This is a security mechanism to ensure trust in the DAFs assets as they could be redeemed at any time.

So that means there will be a secondary market for DAF tokens. The result could be quite interesting, something like a cryptocurrency-mirrored Future Tracker. And then I haven't even taken into account the hedging features.

haxllega

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Activity: 392

Merit: 100

Quote from: ubercool on October 12, 2017, 01:08:30 PM

Quote from: Elkmar on October 12, 2017, 01:01:09 PM

Quote from: Korsakopf on October 12, 2017, 12:55:31 PM

I wonder if the bots could have predicted the giant run that BTC is on right now. If it was visible somewhere deep in the technical analyses.

Haha, a bot which would do this would be incredible. Just humans can predict this, it was predicted since a while.

It will be a possibility as we are seeing too much of development in Artificial Intelligence sector and people tend to use them widely. If NapoleanX could do that then it will be a jackpot for all of the supporters.

No I don't think so I a bot could predict this he must react to news which is impossible nowadays.

Cauchy

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Activity: 364

Merit: 100

Quote from: ParRus on October 12, 2017, 12:54:53 PM

Quote from: Cauchy on October 12, 2017, 12:18:41 PM

Quote from: niklasmato on October 12, 2017, 11:46:23 AM

Quote from: matjas on October 12, 2017, 03:50:25 AM

Quote from: Cauchy on October 12, 2017, 12:42:40 AM

Quote from: Voltaje on October 12, 2017, 12:13:03 AM

NapoleonX will pay taxes for running a company of fund management, they are getting a licence for that, but tokens don't pay taxes, unless a country tax cryptocurrencies, that as of now, there aren't any, so the only ones paying the taxes are NaPoleonX, NPX is not a security, you just happen to get paid for participating in a voting session, and NPX gives you de right to vote, and your payment is given to you based on the number of tokens you have, if you didn't participate in the voting, you don't get paid, its as simple as that.

In the country where I am from you are supposed to pay taxes on income from crypto currency related activities so that is why I wrote depending on country. So from my view its the same as If i invest in a traditional fiat fund. The fund manages the taxes on their behalf and I as an investor is supposed to pay tax in case I have a positive return.

I didn't know there are already countries which introduced taxes on cryptocurrencies. And what are the rates? I'm sure cryptocurrencies are still not that heavily taxed...

Really? Do countries already tax them? On what grounds?
IT would be interesting to know how the DAF and NPX will be taxed and if they can uberhaupt be taxed or not..

Although im no tax expert I would assume most countries have taxation laws that ensures that when it Citizens make profits on various activites they need to pay taxes and that this is not explicitly stated as per activity rendering profit. In our country we although have explicitly stated that cryptocurrencies is not to be considered as a traditional currency and that we should use a specific tax asset class for this. Even crytpo mining is subject to taxation and explicitly stated as per Communication from goverment,

it's very good that everything will be within the law. taxes must be paid and acted in the legal field,
as practice shows that those who abuse and violate the law then regret it

And if it isnt then the goverments would find ways to make it illegal and halter the development.

toolucky98

full member

Activity: 490

Merit: 100

Quote from: Korsakopf on October 12, 2017, 12:55:31 PM

I wonder if the bots could have predicted the giant run that BTC is on right now. If it was visible somewhere deep in the technical analyses.

Well, this has happened before (bitcoin cash fork), i think this will be a similiar pattern.

ubercool

hero member

Activity: 1078

Merit: 504

Quote from: Elkmar on October 12, 2017, 01:01:09 PM

Quote from: Korsakopf on October 12, 2017, 12:55:31 PM

I wonder if the bots could have predicted the giant run that BTC is on right now. If it was visible somewhere deep in the technical analyses.

Haha, a bot which would do this would be incredible. Just humans can predict this, it was predicted since a while.

It will be a possibility as we are seeing too much of development in Artificial Intelligence sector and people tend to use them widely. If NapoleanX could do that then it will be a jackpot for all of the supporters.

Elkmar

full member

Activity: 294

Merit: 100

Quote from: Korsakopf on October 12, 2017, 12:55:31 PM

I wonder if the bots could have predicted the giant run that BTC is on right now. If it was visible somewhere deep in the technical analyses.

Haha, a bot which would do this would be incredible. Just humans can predict this, it was predicted since a while.

Korsakopf

full member

Activity: 210

Merit: 105

I wonder if the bots could have predicted the giant run that BTC is on right now. If it was visible somewhere deep in the technical analyses.

ParRus

full member

Activity: 490

Merit: 104

Quote from: Cauchy on October 12, 2017, 12:18:41 PM

Quote from: niklasmato on October 12, 2017, 11:46:23 AM

Quote from: matjas on October 12, 2017, 03:50:25 AM

Quote from: Cauchy on October 12, 2017, 12:42:40 AM

Quote from: Voltaje on October 12, 2017, 12:13:03 AM

NapoleonX will pay taxes for running a company of fund management, they are getting a licence for that, but tokens don't pay taxes, unless a country tax cryptocurrencies, that as of now, there aren't any, so the only ones paying the taxes are NaPoleonX, NPX is not a security, you just happen to get paid for participating in a voting session, and NPX gives you de right to vote, and your payment is given to you based on the number of tokens you have, if you didn't participate in the voting, you don't get paid, its as simple as that.

In the country where I am from you are supposed to pay taxes on income from crypto currency related activities so that is why I wrote depending on country. So from my view its the same as If i invest in a traditional fiat fund. The fund manages the taxes on their behalf and I as an investor is supposed to pay tax in case I have a positive return.

I didn't know there are already countries which introduced taxes on cryptocurrencies. And what are the rates? I'm sure cryptocurrencies are still not that heavily taxed...

Really? Do countries already tax them? On what grounds?
IT would be interesting to know how the DAF and NPX will be taxed and if they can uberhaupt be taxed or not..

Although im no tax expert I would assume most countries have taxation laws that ensures that when it Citizens make profits on various activites they need to pay taxes and that this is not explicitly stated as per activity rendering profit. In our country we although have explicitly stated that cryptocurrencies is not to be considered as a traditional currency and that we should use a specific tax asset class for this. Even crytpo mining is subject to taxation and explicitly stated as per Communication from goverment,

it's very good that everything will be within the law. taxes must be paid and acted in the legal field,
as practice shows that those who abuse and violate the law then regret it

alphashotgun

full member

Activity: 154

Merit: 100

Quote from: niklasmato on October 12, 2017, 11:46:23 AM

Quote from: matjas on October 12, 2017, 03:50:25 AM

Quote from: Cauchy on October 12, 2017, 12:42:40 AM

Quote from: Voltaje on October 12, 2017, 12:13:03 AM

NapoleonX will pay taxes for running a company of fund management, they are getting a licence for that, but tokens don't pay taxes, unless a country tax cryptocurrencies, that as of now, there aren't any, so the only ones paying the taxes are NaPoleonX, NPX is not a security, you just happen to get paid for participating in a voting session, and NPX gives you de right to vote, and your payment is given to you based on the number of tokens you have, if you didn't participate in the voting, you don't get paid, its as simple as that.

In the country where I am from you are supposed to pay taxes on income from crypto currency related activities so that is why I wrote depending on country. So from my view its the same as If i invest in a traditional fiat fund. The fund manages the taxes on their behalf and I as an investor is supposed to pay tax in case I have a positive return.

I didn't know there are already countries which introduced taxes on cryptocurrencies. And what are the rates? I'm sure cryptocurrencies are still not that heavily taxed...

Really? Do countries already tax them? On what grounds?
IT would be interesting to know how the DAF and NPX will be taxed and if they can uberhaupt be taxed or not..

yes indeed i am wondering too how they could be taxed anyway

Cauchy

full member

Activity: 364

Merit: 100

Quote from: niklasmato on October 12, 2017, 11:46:23 AM

Quote from: matjas on October 12, 2017, 03:50:25 AM

Quote from: Cauchy on October 12, 2017, 12:42:40 AM

Quote from: Voltaje on October 12, 2017, 12:13:03 AM

NapoleonX will pay taxes for running a company of fund management, they are getting a licence for that, but tokens don't pay taxes, unless a country tax cryptocurrencies, that as of now, there aren't any, so the only ones paying the taxes are NaPoleonX, NPX is not a security, you just happen to get paid for participating in a voting session, and NPX gives you de right to vote, and your payment is given to you based on the number of tokens you have, if you didn't participate in the voting, you don't get paid, its as simple as that.

In the country where I am from you are supposed to pay taxes on income from crypto currency related activities so that is why I wrote depending on country. So from my view its the same as If i invest in a traditional fiat fund. The fund manages the taxes on their behalf and I as an investor is supposed to pay tax in case I have a positive return.

I didn't know there are already countries which introduced taxes on cryptocurrencies. And what are the rates? I'm sure cryptocurrencies are still not that heavily taxed...

Really? Do countries already tax them? On what grounds?
IT would be interesting to know how the DAF and NPX will be taxed and if they can uberhaupt be taxed or not..

Although im no tax expert I would assume most countries have taxation laws that ensures that when it Citizens make profits on various activites they need to pay taxes and that this is not explicitly stated as per activity rendering profit. In our country we although have explicitly stated that cryptocurrencies is not to be considered as a traditional currency and that we should use a specific tax asset class for this. Even crytpo mining is subject to taxation and explicitly stated as per Communication from goverment,

niklasmato

sr. member

Activity: 616

Merit: 263

Quote from: matjas on October 12, 2017, 03:50:25 AM

Quote from: Cauchy on October 12, 2017, 12:42:40 AM

Quote from: Voltaje on October 12, 2017, 12:13:03 AM

NapoleonX will pay taxes for running a company of fund management, they are getting a licence for that, but tokens don't pay taxes, unless a country tax cryptocurrencies, that as of now, there aren't any, so the only ones paying the taxes are NaPoleonX, NPX is not a security, you just happen to get paid for participating in a voting session, and NPX gives you de right to vote, and your payment is given to you based on the number of tokens you have, if you didn't participate in the voting, you don't get paid, its as simple as that.

In the country where I am from you are supposed to pay taxes on income from crypto currency related activities so that is why I wrote depending on country. So from my view its the same as If i invest in a traditional fiat fund. The fund manages the taxes on their behalf and I as an investor is supposed to pay tax in case I have a positive return.

I didn't know there are already countries which introduced taxes on cryptocurrencies. And what are the rates? I'm sure cryptocurrencies are still not that heavily taxed...

Really? Do countries already tax them? On what grounds?
IT would be interesting to know how the DAF and NPX will be taxed and if they can uberhaupt be taxed or not..

toolucky98

full member

Activity: 490

Merit: 100

Quote from: Cauchy on October 12, 2017, 11:15:23 AM

Quote from: Altcoinster on October 12, 2017, 10:32:43 AM

Quote from: Yasemin on October 12, 2017, 10:32:03 AM

check out their bounty program; the signature campaign amount is now UP by 30% !!!
Bounty link : https://bitcointalksearch.org/topic/bountyico-22-january-napoleonx-signature-twitter-facebook-2169237

Oh nice another bounty and they added 30%. Maybe I am going to participate after my signature campaign!

Anyone knows the total alocation? must be more then 2% of collected funds?

From bounty thread :
1. 75k NPX tokens (equiv 750 ETH) if ICO raises between 25k and 40k ETH
2. 125k NPX tokens (equiv 1,250 ETH) if ICO raises between 40k and 60k ETH
3. 175k NPX tokens (equiv 1,750 ETH) if ICO raises between 60k and 80k ETH
4. 250k NPX tokens (equiv 2,500 ETH) if ICO raises between 80k and 100k ETH

From whitepaper :
The bounty program will be capped at 15% of the sold NPX tokens, including bonus.

Cauchy

full member

Activity: 364

Merit: 100

Quote from: Altcoinster on October 12, 2017, 10:32:43 AM

Quote from: Yasemin on October 12, 2017, 10:32:03 AM

check out their bounty program; the signature campaign amount is now UP by 30% !!!
Bounty link : https://bitcointalksearch.org/topic/bountyico-22-january-napoleonx-signature-twitter-facebook-2169237

Oh nice another bounty and they added 30%. Maybe I am going to participate after my signature campaign!

Anyone knows the total alocation? must be more then 2% of collected funds?

Topic: [ANN][ICO] [NaPoleonX] 1st 🌟French🌟 algorithmic crypto asset manager 🚀 - page 100. (Read 70190 times)