Topic: [ANN][ICO] [NaPoleonX] 1st 🌟French🌟 algorithmic crypto asset manager 🚀 - page 199. (Read 70190 times)

You are definitely right, we are convinced that you can not be off the bots field today if you want to generate sustainable return for 2 main reasons:
- bots remove the main error generator, i.e human emotion
- bots can treate on a quasi-exhaustive way the datas reflecting in the market

Happy to discuss!

It is a very pedagogic idea, we should try it asap ! Many thanks for the tip!

We definitely want to build in the long term a new singular player in the crypto asset management world based on our technicity and trading bots. Coming from the fiat world, we are very conscious and concerned about security and legal duties what explained our will to ask for the management license first.
We are thus launching first the NPX ICO to build such a robust manager and obtain the asset management license before managing the DAFs. This is in our investors' interest as well as ours.
Our uses and sources are precised in the whitepaper and serve mainly with accuracy for the license, the Platform construction and the data lake.
For your information, even if we are very confident to get it, we have already negociated a Plan B for the license, renting it to a tier 1 asset management company, if it would have been too long to obtain it directly.

You're quite optimistic. Did you know that AI created by facebook using a neural network developped their own language to optimize communication, that this language was not understandable by humans and they prefered to shut down the IAs ? https://www.forbes.com/sites/tonybradley/2017/07/31/facebook-ai-creates-its-own-language-in-creepy-preview-of-our-potential-future/#4547b3cc292c

look great speech from Zurich Summit , interesting!
https://www.youtube.com/watch?v=t8hap1BkFtQ

you are right,the publicity,visibility is the key of success for a winning project...

I hope they will stream the event or record it so we can see it afterwards. An invite to the Forum wold be very welcome, then i'll record it and distibute it

According to the Whitepaper 10,000 ETH will be used for Asset Management licenses to trade on exchanges. Wow, are those licenses really that expensive?

That really depends. If i was to guess, the NPX tokens will increase in value once the platform and DAFs are live. If people see that DAFs give solid gaines, the NPX tokens will be bought up more. So for flipping the ICO will be not so great, but for medium to long term very strong.

i think doing both is the best strategy. you get the gas profit as well as the crypto investments

NPX DAFs, will consist of several bots and strategies, not just one simple bot, its a complex algorithm for trading, so you could just use the service instead of investing, but as a token holder, you will get profits from the gas that the DAFs will generate, so the more people trade using DAF, the more profits you get.

I'm sure once the project launches (upon successful completion of the ICO), there will be more videos, and a few tutorials to help people utilize this service correctly. But, you are correct, without prior background knowledge on market analytics, trying to succeed with the trading bots will become a frivolous pursuit.

is it better to hold NPX or continue invest in other crypto via bot?

Nah i think there is much smarter AI in exchange market bussiness than we think of or if there isnt any few years ahead we have a lot smarter ai

I read the article on your link. Pretty interesting. Have you tested this strategy of fleeing into the past with some known information? That is, knowing the whole story, you give only a piece of data, and the algorithm must build the story itself. Then compare it with the actual history. How big are the discrepancies with the facts in this experiment of your algorithm?

They are active here, but they are also active in other social media, like telegram or redidt, they really care for the project, but NapoleonX is a little complicated for normal people, so being active is one thing they are doing well, now they need to make it very  easy to digest for people that don't know anything about bots, and how to use them.

I have some questions though, are you trying to get people that invest in real assets to get into the project? or just to use the services of NaPoleonX? because if we are trying to get investments from the crypto community, we would expect that all of the DAFs will be for trading in cryptocurrencies, even more so because the gas will be a token to be paid to token holders and srtategy providers, but most of them are for trading real assets, which are not tokenized, to my acknowledge at least, but just 2 DAFs are for BTC and ETH, at least, that is what I understood in the Blackpaper, so if somehow people started to use the DAFs for trading in the assets they were built for, how will they generate the DAF token that will be used as gas to give to Napoleon Crypto and token holders?, those assets will have to be tokenized and already being traded in an excahnge or somehwere, or Do all DAFs will be used for trading cryptocurrencies?, and if that is the case? which crypocurrencies will the first 10 DAFs be trading and can be traded when the ecosystem goes online next year?

Yes hearing idea is something, seing is another thing. It would make a massive contribituon. I would like to see some materials.

Looking at the volatility and the fact that we will manage funds with a regulatory license, we will address to qualified investors.
Our bots philosophy is based on low-medium frequency on higly liquid assets only (no illiquidity premium). Our aim is to bring sustainable performance/alpha to tilt the crypto funding of the DAFs(either ETH or BTC). And we will search this alpha mainly into the fiat world (largest equity, credit or fx futures) for liquidity thus scalability reasons. Again, the idea is to diversify investors' crypto exposure on top of their crypto, bringing back the performance from the fiat to the crypto world through hedging mechanism.
Concretely, the DAFs will be libelled in cryptos (you will subscribe in ETH or BTC), will convert part of those cryptos into fiat money to look for performance from the fiat world thanks to bot, and hedge the fiat conversion and performance into crypto to bring back value from the fiat world. You could thus expect a DAF' performance of crypto + sustainable alpha. The alpha part is illustrated into our Blackpaper.

An AMA is a good suggestion, it would clear everything and would be a great opportunity for the investors to get in touch directly to the dev or a representative and time to see them face-to-face while talking with them.

I just love that you are so active and answer all questions from community. Keep it up!