Topic: [ANN][ICO] [NaPoleonX] 1st 🌟French🌟 algorithmic crypto asset manager 🚀 - page 182. (Read 70177 times)

that's probably it. writing and re-writing old bots seems like the way to go. if they can get in now and corner the market, then NapoleonX will be the next big thing in crypto

Bot will be evaluated according to the ROI they make, the profits $$$.
It's obvious that the rating system depends only & only on the profits made by the bot(s).

For example, you may find a bot making 30% a month, other one making 50% a month, the logic would say people would vote more for the one with 50% profit.

I've been thinking about the whole bot trading system.
In the end I expect that the whole trading system will be run exclusively by only bots. It will be a matter of who has the best algos to implement.
How does NapoleonX will handle the eventual bot war? Will you keep writing new algos? Or how will this be in the near future?

So, if I hold my tokens and not use them for bots. Will I earn profit from the bot fee?

there will investors make profit with bots. and token holder will get bot rent some percentage. for know more about it just read whitepaper.

Good publicity is always good for ico.

They need big investment to achieve their goal. I hope this kind of things continues.

Hello Dev team! This is a unique and promising project. But there are a few questions that come to mind with the business model.

1) What level of transparency do investors have around the logic that is used in the bots? The black paper is very terse beyond mean reversion, etc.

2) The White paper mentions that investors may pick the bots and the leverage level.

>>DAFs enable their subscribers to intervene in the building of the best mix (Blend) of strategies, by regularly letting their subscribers vote on which strategies they want the DAF to >>follow. As a restriction to maintain a Blend with a reasonable number of strategies, a Strategy Threshold is set so that any strategy collecting (in percentage) less than such >>threshold may not be selected. The Strategy Threshold will be 20%.The selected strategies shall contribute to the Blend with a weight proportional to the voting rights collected >>during the last voting session.

Truth be told picking traders or fund managers is a very difficult business, many people pick bad managers (e.g. chase momentum, etc) hence you observe very poor track records in the fund of hedge funds community. What mechanism exists so that NapoleonX avoids this problem of investors consistently picking poorly returning bots that do worse than random selection or adjust the leverage higher on bots that are about to experience mean reversion from high profits to large negative losses? Maybe the investors pick good bots, but adjust leverage poorly which negates the good bot selection.

3) In the Black paper the S&P500, FTSE100 and Eurostoxx 50 strategies have drawdowns in excess of 40% which seems too high for a backtest. In real life these could well be higher. Don't the trading bots have risk controls to minimize the degree of the maximum drawdown? Is there a risk control overlay on top of the bot as an aggregated group?

Well, i misspoke, i knew what the whitepaper was, i've heard about yellow paper, i just didn't know there's so many color coded papers out there.

Yes you are right.This will give more exposure to thus wonderful ICO.I am extremly happy to join the bounty and hoping to invest too

Well lets hope... saw a lot of new ICO's with really great project didnt made there soft cap because people are to scared.
Really hope investors are waiting for something new and thats NapoleonX, this project is something different, something unique.

Let's hope they get there fundings!

How will vote for the bots?
Users will evaluate the bots as they make a profit?

It's not just for developing a bot though. They need licences (asses management status aquisition), making the entire platform that the bots run on and people can use. Check out the post-ICO roadmap on https://napoleonx.ai/

The team uses all kinds of advertising and presentation of the project in the information space, which is very encouraging and gives guarantees of relevance in the market.
Good job.

I agree, public appearances eventually bear fruit
more people are finding information about the project, new investors appear

Large investors are very necessary for the project, behind them many small investors will grow up. I think that they will be and ICO will be lightning fast and many will not have time to participate that will give a guarantee of growth on the exchange.

You said that you will start to develop also other bots with the ICO money, because if were honest, thats a loot of money for one bot.
My question is, which other plans for bots you have after finishing this one?

Yes the article is really really nice, and a lot of people share it, pretty great for spreading the word about NapoleonX. The team handle the communication very nicely, the visibility of NapoleonX is huge, a lot of article in newspaper and in website are visible. It really cool cause the project is really strong and deserve this visibility. We will see a great sucess with NapoleonX.

good article on a reputable site, written shortly but clearly everything - 13512  Total views  518 Total shares  - this suggests that people are very interesting NaPoleonX Project !

Yes, there seems to be a real work by the team on media campaign. That's a really good sign for the project.

I'm eager to see the ICO, this one should be very interesting.

Napoleon devs are working like a machines with promoting this ico! Cointelegraph will definitely attract some investors,maybe even some whales