Topic: [ANN][ICO] [NaPoleonX] 1st 🌟French🌟 algorithmic crypto asset manager 🚀 - page 202. (Read 70190 times)

Even use the same bot, people will have different setting and it should be vary from one person to another. Bot can be usefull for people who has less time in front of their gadgets and there are still plenty of advantages can be gained from bot.

Even use the same bot, people will have different setting and it should be vary from one person to another. Bot can be usefull for people who has less time in front of their gadgets and there are still plenty of advantages can be gained from bot.

Well if a majority of traders use the same bot, in theory it could become less effective, because everybody would do the same choices no ?

Exactly, in the future it will be more like normal markets where a bot is way more effective. Thats why i'm investing in several similar projects to NaPoleonX that employ bots/algo trading, that really is the future. NaPoleonX has a nice broad offering with different risk/rewards because it's not only investing in Crypto. This way you can diversity your portfolio, not putting all your eggs in one basked.  And we can get in now, unlike normal hedge funds where you need to invest a minimum of several million usually.

Hello Rigourous,

yes, exactly! That's what we want to disrupt also : the fee structure. We want to align asset managers with investors: that's why we don't put management fees on the DAF, but only Performance Fees. If the bot provide performance to its investors, it will be paid, otherwise he won't! As simple as that. So it is a strong incentive to design performing trading bots :-)

Ok, thanks for clarifying that for me, I'd be lying if I said that I fully understand everything now, but I will continue to research and read through your papers, and website so I can get a better feel for the concept.
Thank You, NapoleonX team!

That's what I was saying, there is really advanced mathematics, and sciences involved. Plus you have to be well versed in finance, in order to have a decent grasp at what the project entails.
Overall, I do know, it's mainly about autonomous asset management, utilizing the Ethereum blockchain, and smart contracts.
   What I'm having a hard time grasping is the token usage. What I do know is, holders are rewarded 15% of gas (ethereum transactions) from Napoleon crypto coins. But then again, it says 85% gas goes towards the NapoleonX platform. I'm still trying to grasp the whole of it.

Hello FIEX,

Thanks! Yes, they will be more bots doing crypto. But, we are focusing on very scalable trading bots. As of today, daily trading volumes on crypto are not very high, except for bitcoin. Indeed, if you want to attract big investors, you need to be able to manage high volumes on your bots.
So it is much more a question of size of the underlying crypto markets than the question of the ability to design performing bots on these markets. And so, we shall definitively launch trading bots on crypto, but when such crypto market cap and daily volumes will be high enough.

Hello Elkmar,
USA, both citizens and residents, won't be able to participate to the ICO.
For what concerns China, we understand that chinese people are not allowed by their country to participate in ICO project. We are still checking if we understood that right or if there is some space for chinese citizens to participate in the ICO. From a conservative point of view, we consider, for the moment, that they won't be able to participate.
For what concerns HK, our lawyer is also checking that.

From a more general point of view, we have decided to be conservative on these subjects, even if we may lose some (or lots of) participants. There are several reasons for these, besides moral and ethics. The first one being that we don't want to jeopardize the project by putting at risk the collected amount. Indeed, if we are sued after the ICO, we will have to dedicate time and money to an issue that could have been saved. It would be bad for the project and bad for all the participants at the ICO. The other reasons are that we are talking to big investors that need a very secure scheme to invest (they don't want their money at the middle of a big mess), or that we will need to acquire an asset management license from the swiss regulator...

So we are sorry for those who won't be able to invest, but it is a rational choice, made to protect the project and the future value of the NPX token.

Actually is the opposite, the NPX holders are getting 85% of the gas (in DAF tokens, which is used to run the bots) generated from the bots, and Napoleon Crypto is getting the remaining 15%, BUT if ANOTHER Strategy Provider that is not Napoleon Crypto(anybody or company can become a strategy provider like Napoleon Crypto) offer new strategies and bots to create DAFs, then THEY (Strategy Providers) can set up their own share structure of the gas, like, they could offer 60% to token holders and take 40% if they wish, they created the bots so they have that privilege, though the tokens holders are the ones who will vote for the bots and strategies to be selected or not for the DAFs, so we still have the power to accept it or not.

In another note, here is the Spanish translation of the whitepaper: https://www.dropbox.com/s/4rw7oqczst6xkop/NapoleonXWhitepaper_es.pdf?dl=0 , it was fun doing it if i compare it to other whitepaper translations I've made

So how were your first 20 bots funded? How come you want to raise 6mio$ for this one? Is this just too good of opportunity to miss or you are really planing to expand so much and be a big player.

It's hard to digest for some newbies all the stuff NaPoleonX is doing. It would be nice if team do some video presentation on it or some AMA.

I'm not sure if I understand this correctly, someone please feel free to correct me if I'm wrong. NappoleonX is the platform, and Napoleon crypto is obviously the cryptocurrency. So what will these D.A.F's (decentralized autonomous funds) consist of? Other cryptocurrencies? Can someone break this down for a commerce newbie please? It all seems very complex to me.
   The thing I admire most, from the best of my understanding, is that NapoleonX is innovating some sort of new autonomous algorithmic strategy for asset management.

On page 16, there are charts in your Blackpaper. Your bot has been trading BTC since July 2010 ? Or is there some mistake? Or did I misunderstand?

That's what I was saying, there is really advanced mathematics, and sciences involved. Plus you have to be well versed in finance, in order to have a decent grasp at what the project entails.
Overall, I do know, it's mainly about autonomous asset management, utilizing the Ethereum blockchain, and smart contracts.
   What I'm having a hard time grasping is the token usage. What I do know is, holders are rewarded 15% of gas (ethereum transactions) from Napoleon crypto coins. But then again, it says 85% gas goes towards the NapoleonX platform. I'm still trying to grasp the whole of it.

I thought there were also actively traded ETFs. But generally they have high management fees and are outperformed by passive funds. Kind of backwards, you pay more to get less.

Some nice bots in your Blackpaper.
Only one bot is doing in crypto USD/BTC will there also be bots only doing crypto?

This looks so promosing