Topic: [ANN][ICO] [NaPoleonX] 1st 🌟French🌟 algorithmic crypto asset manager 🚀 - page 223. (Read 70190 times)

i'm not really sure about this project but i hope dev and team will keep hard work to realize his destiny.
good luck dev and team, waiting for bounty program of the project.

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.

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!

So far the idea looks promising. Will there be a more ellaborated whitepaper and a demo on the platform?

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.

For anyone looking to invest or just want to grasp the background of the Project idea I recommend to read their goldpaper on quant. mgmt. Found it easy to read and insightful since I dont have finance background. Best of luck to the team.

Hello, I am just reading different announcements to learn more and this thread caught my attention. I am very sorry if still new with Crypto world. But can someone explain this to me with much technical terms?  I mean what's with service this project will provide to us, etc?

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.

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]

Yeah, there are couple things which neither clear from the video nor from the white paper.

So i've been reading about the DAF's and i'm glad you guys are not only incorporating cryto assets, but also real world assets to allow for a big diversity of DAF's with ranging risk/reward. I've previously invested in Iconomi and so far have been a bit disappointed with them.

A few questions come to mind. I don't see any mention of the recent SEC ruling (don't think it's official yet?) that tokens are securities. If this ruling does go through, will you guys have any trouble with this? Will all trading done by the trading bots in the DAF's (always) be fully autonomous? I know the DAF stands for Decentralized Autonomous Funds, so the assumption is that the trading is fully autonomous, but in some cases i can imagine that a human can give the final OK on a trade. For instance when large amounts are being traded, big risks, certain news coming out (especially with crypto assets), etc. 

Anyway, you already got me as far as registering my e-mail 

I hope someone from the team will feedback on the questions asked in this thread, most specificaly I think the securities questions needs to be adressed.

Looks like another idea to make more easy for investors to handle this complicated crypto world. It might attract more money into this field, so I guess it might be a positive factor for the entire crypto revolution.

However I agree with other comments, it is still a bit not so clear...

Hello niklasmato,

Initially, we have developed quantitative strategies for the biggest indices in the real word (S&P500, Eurostox50, FTSE, etc). And we do low frequency strategies (at most one trade per day at close). There are several reasons for that, notably liquidity and execution risk. When you do arbitrage techniques or high frequency trading, you can’t scale. You are doing good return, but you have huge execution risks (meaning you can easily lose money because of a tech pb) and you can’t scale that. By doing low frequency trading strategies, we have no tech issue and we can scale. Meaning, you will get the same risk/return, even with more than 1 billion on it!

So why aren’t all people doing low frequency strategies? Because doing low frequency strategies that gives a good return/risk ration is hard, even very hard! And we have developed such very good strategies for a long time now and used it at the personal level. You can find some of them in our Blackpaper. But, we want of course to continue on improving them also.

We want to bring this potential to the crypto-world. With both strategies on real-assets (S&P500, etc), that would be however hedged in ETH or BTC (meaning you will bring back the performance in the real world to increase the nb of ETH or BTC that the DAF holds), but also on crypto-assets. Liquidity and volumes on crypto-assets are still very low from our perspective, but the market is exponential, and by starting now, we will be in a great position when it will become bigger within 2 to 3 years.

At last, the NaPoleonX ICO is to fund the crypto-asset manager that will launch the strategies. These strategies will be embedded into specific crypo-vehicle called DAF, for Decentralized Autonomous Fund. Do not hesitate to ask more questions if needed.

Another very well thought out project with investor security in mind. I like the soft cap refund option through smart contracts. Does anyone know how to verify these things? Because I don't. I would like to see this one succeed. I sure as hell can't afford a gunbot license. I would like to try a trading bot .

A trading bot to manage crypto assets? And what the holders of the tokens will receive, I still do not understand. How to apply tokens, I did not find in the documents, or did not see. From the video viewing is also not clear. Developers need to explain these issues in more detail.

The whole concept is still unclear to me. Could you please explain it in a bit plain laguage?

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?