Quote from: magisterr on Today at 04:22:14 PM
just find this ICO. Trying to learning, but cant understand all.
What main conception here? track exchange rates? Huh
NaPoleonX is a project that aims to create a complex platform for algorithmic trading, meaning that they will provide Bots and strategies; the concept revolves around DAFs (Decentralized Autonomous Funds), which is a set of complex bots and strategies for trading a specific asset, being a classic asset or a crypto asset, there will be a lot of DAF for different pairs and markets, including ETH and BTC, but not limited to cryptocurrencies, the good part is that these DAFs will need Botons (fees or gas if you prefer) to function, so 85% of the botons goes to token holders that voted in the selection of DAFs, and it will be paid in DAF tokens, while the token of NaPoleonX is NPX, so NPX can work as a security, but intrinsically it is not, you will need to participate in a voting session if you want part of the profits obtained by the performance generated from de DAFs; so in short, this project will give you bots for trading in exchanges, there are very complex and a lot of them in only one DAF, so you won't be getting one simple bot, but many in a set
Many thanks for the detailed explanation, the idea of the project is worthwhile, I plan to participate. And which projects have competitors? for example a cindicator?
Cindicator is a competitor? IS there any other similar project?
From which country devs? Spain?
Cindicator is not competitor to NaPoleonX. Cindicator is a prediction platform whereas NaPoleonX is more focused on intelligent bots. I guess NaPoleonX can use Cindicator's data.
Got it! I'm still a little unsure about the science aspect with the algorithms and such, but I trust their team is made up of professionals and will simplify the process for would-be newbie investors ( I Hope).
As described in the cindicator wp they introduced specific parameters for top forecasters (part of their Hybrid AI). This would be very similar to a rule-based trading bot whereas the rules are both set by the Investor managager. For this case the cindicator would rely on a collective mind but would also be dependent of such. So in a fundamental way they have a small overlapp of offering but Napoleonx has more to offer imo.