Any practical examples of using this algorithm?
What is it for?
What is it for?
To put it simple they are reading the market and deciding when to buy and sell
Topic: [ANN][ICO] [NaPoleonX] 1st 🌟French🌟 algorithmic crypto asset manager 🚀 - page 222. (Read 70178 times)
September 13, 2017, 03:37:32 PM
To put it simple they are reading the market and deciding when to buy and sell
September 13, 2017, 03:36:33 PM
Quite a few comments from people who has a bit difficult to understand the Investor pitch. Perhaps dev can create a simple infographic (ellaborate on the one from the webpage) to understand the concepts of the use-cases from an Investor perspective.
I agree, even though you might argue, if people don't get the concept, should they really be investing
But with all the ICO's around, the way the ICO information is presented is important. Few people take the time to read full white papers, even when they invest. Some info-graph i would like to see is a comparison to similar projects to show the USPs of NaPoleonX. It can be a very effective tool.So, something else. If i understand the post-ICO roadmap, the first DAFs will become available 10,5 to 14,5 months after the ICO. And the Asset Management Status Aquisition is the first step post-ICO with quite a wide range of possible aquisition time (2-5 month). What are the factors that influence the speed of getting this status? Is it based on how much the ICO raised? So, hard cap reached is 2 months for the AMSA or are there different, more variable factors?
September 13, 2017, 03:33:00 PM
Any practical examples of using this algorithm?
What is it for?
What is it for?
September 13, 2017, 03:23:31 PM
Hi, i didnt get the part where it states that the bots are running on gas and 85% of it, is paid to the token holders who selected the bots.
Could you clarify what the gas is in your psroject? some kind of performance value? Or just a cost you define?
Quite impressed by your team btw.
Could you clarify what the gas is in your psroject? some kind of performance value? Or just a cost you define?
Quite impressed by your team btw.
September 13, 2017, 02:48:10 PM
So basically this is cryptocurrency trading bot? Interesting idea, but you will have many competitors around here. Where I can find more info about this project?
September 13, 2017, 02:36:29 PM
this looks interesting. but will the investors receive a part of the profit? I haven't seen anything about that. TAAS for instance give a quarterly payment of 50% of the profit generated. Will you do something similar?
I just scanned the website and whitepaper, but can't seem to find the function of the NPX token itself. Will check in more detail later.
Anyone from the team that can elaborate?
Hello PS92,
The NPX token holders will have the possibility :
• to access the updated audits of the several trading bots,
• to regularly vote for the eligibility of the new trading bots,
• to regularly vote for the creation of new DAFs,
• to monitor the token events and performance of each DAF,
• to have access to relevant documentation on trading bots,
• and to access its own account and reporting on gas perceived.
Besides the right to the gas generated by each DAF, the NPX token holders shall be granted a preference right on the subscription of every DAF’s ICO:
• exclusive access to a pre-sale (white-listing) to secure a minimal amount equivalent to 15 000 ETH in total,
• bonus of 15% on the pre-sale.
Hope it is clearer?
much better thank you. this project is certainly interesting and worth watching.
Plus: "When DAF will earn performance from the trading bots they use, they will pay 25% of such performance as gas, that will be given to the NPX token holders for 85%"
Really getting interested in this project. I like projects that share the wealth/pay dividends and not just increase in value if the coin demand increases.
I wonder if they're affected by the SEC rulling, given that they pay dividends.
Probably not since SEC is US and NPX is french.
September 13, 2017, 02:34:49 PM
Quite a few comments from people who has a bit difficult to understand the Investor pitch. Perhaps dev can create a simple infographic (ellaborate on the one from the webpage) to understand the concepts of the use-cases from an Investor perspective.
September 13, 2017, 02:34:12 PM
this looks interesting. but will the investors receive a part of the profit? I haven't seen anything about that. TAAS for instance give a quarterly payment of 50% of the profit generated. Will you do something similar?
I just scanned the website and whitepaper, but can't seem to find the function of the NPX token itself. Will check in more detail later.
Anyone from the team that can elaborate?
Hello PS92,
The NPX token holders will have the possibility :
• to access the updated audits of the several trading bots,
• to regularly vote for the eligibility of the new trading bots,
• to regularly vote for the creation of new DAFs,
• to monitor the token events and performance of each DAF,
• to have access to relevant documentation on trading bots,
• and to access its own account and reporting on gas perceived.
Besides the right to the gas generated by each DAF, the NPX token holders shall be granted a preference right on the subscription of every DAF’s ICO:
• exclusive access to a pre-sale (white-listing) to secure a minimal amount equivalent to 15 000 ETH in total,
• bonus of 15% on the pre-sale.
Hope it is clearer?
much better thank you. this project is certainly interesting and worth watching.
Plus: "When DAF will earn performance from the trading bots they use, they will pay 25% of such performance as gas, that will be given to the NPX token holders for 85%"
Really getting interested in this project. I like projects that share the wealth/pay dividends and not just increase in value if the coin demand increases.
I wonder if they're affected by the SEC rulling, given that they pay dividends.
September 13, 2017, 02:30:47 PM
Sorry to sound thick but can someone explain in really easy term how this project works so all can see the benifits thanks in advance
September 13, 2017, 02:28:01 PM
this looks interesting. but will the investors receive a part of the profit? I haven't seen anything about that. TAAS for instance give a quarterly payment of 50% of the profit generated. Will you do something similar?
I just scanned the website and whitepaper, but can't seem to find the function of the NPX token itself. Will check in more detail later.
Anyone from the team that can elaborate?
Hello PS92,
The NPX token holders will have the possibility :
• to access the updated audits of the several trading bots,
• to regularly vote for the eligibility of the new trading bots,
• to regularly vote for the creation of new DAFs,
• to monitor the token events and performance of each DAF,
• to have access to relevant documentation on trading bots,
• and to access its own account and reporting on gas perceived.
Besides the right to the gas generated by each DAF, the NPX token holders shall be granted a preference right on the subscription of every DAF’s ICO:
• exclusive access to a pre-sale (white-listing) to secure a minimal amount equivalent to 15 000 ETH in total,
• bonus of 15% on the pre-sale.
Hope it is clearer?
much better thank you. this project is certainly interesting and worth watching.
Plus: "When DAF will earn performance from the trading bots they use, they will pay 25% of such performance as gas, that will be given to the NPX token holders for 85%"
Really getting interested in this project. I like projects that share the wealth/pay dividends and not just increase in value if the coin demand increases.
September 13, 2017, 02:19:05 PM
Love the idea of being able to be a part of a trading bot without shelling out the high upfront costs or needing to spend hours figuring out how to tweak and set it up.
The token holder payout of 85% of gas seems very fair as well - as someone else mentioned, a calculator would be a great tool to allow potential investors to play around with how the numbers may work out.
Currently going through the whitepaper in more detail to gain a stronger understanding but looking forward to following along.
The token holder payout of 85% of gas seems very fair as well - as someone else mentioned, a calculator would be a great tool to allow potential investors to play around with how the numbers may work out.
Currently going through the whitepaper in more detail to gain a stronger understanding but looking forward to following along.
Hello heyjoe,
I put the answer done to levyashin:
Some projects make a little calculator tool, will you do one?
It's like:
User will write amount of npx you hold or thinking to hold or just random number just see the result
He will choose a revenue on menu,
and calculator gives the montly profit will token holder will get.
It gets very helpful when investing. You know what to expect.
Hello levyashin,
We will think about that. However, we have to check if it is possible to do so from a legal point of view. But the math is quite easy to do. You can get an idea of the performances of our trading bots from the blackpaper : http://blackpaper.napoleonx.ai
From the performance, you derived the gas which equals 25% of the performance and then NPX tokens holders gets 85% of that. You will quickly see that it is a business volume. The more is raised in DAFs, the more to the NPX token holders at the end!
The performance metrics is from backtesting the strategies on historical data?
September 13, 2017, 02:02:02 PM
Looks like you guys are already far in development of your algorithm and you sure gave us a lot of material to read with three pdf`s.
Does your team consist of three people only? Looks like a lot of work for such a small team.
Does your team consist of three people only? Looks like a lot of work for such a small team.
September 13, 2017, 01:58:12 PM
Raising money to start a trading house to trade on crypto seems like a no brainer.
And some of these similar projects which launched earlier had some really great success and returns.
Which bring me to ask, what value does NapoleonX brings to an investor?
From your first page description, it is only talks about how much you need to raise and what bot trading can do.
If you do raised the money, and NapoleonX makes money using the investors money, what is the investor's reward?
And some of these similar projects which launched earlier had some really great success and returns.
Which bring me to ask, what value does NapoleonX brings to an investor?
From your first page description, it is only talks about how much you need to raise and what bot trading can do.
If you do raised the money, and NapoleonX makes money using the investors money, what is the investor's reward?
September 13, 2017, 01:36:35 PM
Reading the name of your coin, I thought this is some kind of funny joke project. But you are trying to solve a real world problem as it seems. Will have to have a closer look now that I read through your OP 
I think the name is not the best for a project like this but I could be wrong. Anyhow it's easy to remember. 
September 13, 2017, 01:34:09 PM
French project also with this name sounds promising, Napoleon was almost able to conquer the whole world, but the Russian empire stopped him
I hope with this project will not happen such! good luck
sounds promising, Napoleon was almost able to conquer the whole world, but the Russian empire stopped him I hope with this project will not happen such! good luck
September 13, 2017, 01:12:26 PM
Understood the concept and idea behind making an algorithmic crypto asset management but why the name related to Napolean.? French based company or Napolean had any relations with crypto currencies. 
Hello ubercool,
Thanks for your question ☺
We know that he is a controversial figure, but the fact that we chose this name has several explanations, among which:
• The team is French, as he was
• He created the Ecole Polytechnique (The “French MIT”) in 1794, and Stéphane and Arnaud did their Master degree there, and Arnaud its PhD also. The students wear the same hat for ceremonies
• He was a successful general that uses soldiers to fight on the battlefields, where we use trading bots to “fight” on the financial markets. And it is not a zero-sum game! There area winners and losers at the end!
• He issued money through coin named after him. They were gold coins with 5.805g of gold in it.
Hope it clarifies it ☺
Thats some ubercool facts to know about, thank you for that explanation.
I see minimum investment to get bonus is 10ETH but not everyone can afford that. It would have been better if lower amount investors get some bonus too.
September 13, 2017, 01:00:45 PM
I think that a french friend told me about this ICO a while ago, that he knew a trader working for NapoleonX, I'll need to take a look into this. It could be interesting.
Then he shall know either Stéphane or Jean-Charles. Both were very successful and considered as ‘star’ while at their banks. So welcome, it is time to make the others rich no, and not only the banks anymore ☺
September 13, 2017, 12:58:30 PM
is USA and China allowed to participate? also looking into more competitive analysis with other crypto in existance such as AIcoin, IFT or CDT
Hello iad_xo: no neither USA or China will be allowed to participate.
September 13, 2017, 12:57:05 PM
NaPoleonX has been invited to BECON blockchain event in Barcelonna as SPEAKER in October! The presentation at the London crypto financing got a lot of attention!! 
Just look next to EOS, Cindicator and KIK !! http://www.becon.global/exhibitors-crypto-london/
On of the 3 founders will speak : http://www.becon.global/speakers-crypto-london/
Meanwhile, If you have some group or channel in telegram with decent influence with the crypto/ trading/ ICO community please contact me DM cryptoyosh.[/color]
Just look next to EOS, Cindicator and KIK !! http://www.becon.global/exhibitors-crypto-london/
On of the 3 founders will speak : http://www.becon.global/speakers-crypto-london/
Meanwhile, If you have some group or channel in telegram with decent influence with the crypto/ trading/ ICO community please contact me DM cryptoyosh.[/color]
Will you be livestreaming this event? I'm very much interested in the presentation.
@KryptoKings,
Thanks for answering my earlier questions. I understand that for most markets a trading bot can make more accurate decisions then humans party because of the lack of the emotional factor. I'm happy humans are still involved with crypto DAFs because current exchanges require it.
In regards to the graph you showed, of course the basic principle of buy low and sell high (and leverage) will generate profit, but will shorting also be used when there is a bear market?
I'm also happy you guys are making blogs like https://medium.com/proof-of-performance/proof-of-performance-blockchain-applied-to-trading-6e30404a9754 If the above mentioned conference and your presentation there is not livestreamed, will you maybe make a blog about it?
Hello Korsakopf,
Thanks for you support!
Yes, we will use futures on most equity indices, and some of our trading bots may short their indices. The one on the S&P500 does that for instance.
Livestream will be difficult, but we will try (not to forget) to record it and post it on our youtube channel as we did for a conference in London and a meetup in HK in July.
At some point, if some are interested, we could try to do a remote meetup about the project!
September 13, 2017, 12:51:58 PM
is this only going to support trading in crypto market only?
Hello iad_xo,
On the contrary: the crypto-market will be a minor part at the beginning, since we are chasing big volumes!
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