[ANN][ICO] [NaPoleonX] 1st 🌟French🌟 algorithmic crypto asset manager 🚀

[ubercool]

No, ICO will be probably in the beginning of Novebmer. But they didnt announce exact date as I know.

We have an important ICO Summit in Paris next Monday and following, there will be a few announcements for the details of our ICO. We are frustrated to have delay our initial plan, but given the complexity of what we are trying to set up, it is for the better. And with this added time, we are making a lot of deals at the moment at different levels (Advisors, operations, marketing and sales) that will boost even more this ICO.

Please be a little patient as we have truly great news that will come in the next few days / weeks. We are committed to make this a success that will not be blocked by Regulators or banks afterwards as it happened in a certain number of ICOs over the last months.

I am glad you delayed you ICO since now the small crypto crisis is recovering and you will attract more investors later one for sure. Of course the fact, that you are preparing more news and announcements in the next few days is also a huge contributing factor and will raise the awareness of people.

We have just released our new dates:
- Pre ICO from 12th November until 3rd December 2017
- ICO from 4th December until 4th January 2018

Following our discussion with Kramer Levin, our legal Advisor, we will release a New Whithepaper tonight that will simplify our structuring:
- our token will be an "asset" token that will represent licencing fees perceived over the rental of trading bots by the DAFs, so clearly excluding the "security" token definition
- no vote will now be required now to earn the 85% of our Botons (performance fees or rental fees)
- NPX token holders will still be the ones deciding on the launch of a new DAF

We also hope to announce new widely recognized Advisors to our project in the days to come. We will of course communicate in this case.

Was waiting for the exact dates so that I can bookmark them, thank you for the statement. Will be waiting for the whitepaper and all the technical details.

[KryptoKings]

I’m absolutely convinced that NaPoleonX is a great project. But, I wonder if the bots have errors leading to losses, who will be responsible for the profits of investors? 

Im pretty sure they will test the bot first before they launch it.

dev will prepare it with perfect before launch, and if there is error, it must be human error
not from the bots, so the user must understand what they do to avoid errors

I agree, even the most reliable equipment in the hands of an inept person can lead to disaster.

if there's a monitoring system in place the damage should be minimal. but it's worth remembering that you take a risk when using these bots.

Probably they will implement that.

Still, it will be a learning process for who use the bots. At the start, using bots should be lower funds than the decided invest amount. I won't do an all-in in the first moment.

I think that users should spend a little of profit to buy insurance, If there's a problem, the company's insurance pays for it.

They will have insurance? Which ones? They will have some arragements with some insurance projects / companies?

Not really, as of yet, but it could be a good idea for the future. There are various instruments for decreasing loss for investment instruments on fiat market, why shouldn't there be something similar for crypto?

I wish we could buy some insurance against bots negative performance but I am pretty convinced it won't happen. The best insurance is diversification through uncorrelated strategies.

[Rigorous]

I just watched some of the videos on the NaPoleonX Youtube channel.

This video reminds me of a question I had when reading the whitepaper: https://youtu.be/xpmZYlf3Aqg?t=36s

ICO funds will be used to acquire and Asset Management license. This license is needed to launch and operate the funds (DAFs)

Do people who want to setup their own DAF on the NaPoleonX platform also need that license? And how much does it cost?

[KryptoKings]

if the bot can generate at least 1% every day by trading my cryptos, without making any losses, i would be really glad

1% everyday at the end of the month is an enourmous amount of money In the blackpaper you can get an idea about the return the bot can produce.

Its possible? I think they can generate different ammount every day. May be today 0.5% and tomorrow 3%

As I see it 1% profit every day without making any losses is impossible. For me, I will be very satisfied if bots can earn 5% profit on total 1 month.

If 10% of the profits, capital is used everywhere on the guarantee; 20% of the profits it alive; 50% of the profits, it will take risks; to 100% of the profits, it dare to trample on all human laws; 300% of the profits, it dares to commit any crime, or even run the risk of being hanged.

1% everyday is really  huge amount ,  it' s incredible .

I want to make a notice that they are not saying or advertising anything about %1 percent gain for a day. It is our speculation what will happen if it does %1 profit daily.

If it was a sure thing billions would go to their bots.

1% per day is indeed an insane return objective. Even with the best trading system this would be difficult to achieve. The best quant hedge fund, Bridgewater and Renaissance are more in the 20-50% per year and they are they have been the best for decades. However, they are not always aggressive on the risk side and maybe crypto investors have a little bit more risk appetite than them, hence return can be boosted with some kind of leverage.

[KryptoKings]

I just watched some of the videos on the NaPoleonX Youtube channel.

This video reminds me of a question I had when reading the whitepaper: https://youtu.be/xpmZYlf3Aqg?t=36s

ICO funds will be used to acquire and Asset Management license. This license is needed to launch and operate the funds (DAFs)

Do people who want to setup their own DAF on the NaPoleonX platform also need that license? And how much does it cost?

The problem is not setting up a DAF per say as this only require an infrastructure that other entities could provide. The asset management licence will be required if you want to collect external money on the DAF as licence will be required to manage third party money. Most of the crypto hedge funds that have been launched never cross the real world and thus avoid any regulation. The drawback is that their capacity to manage large amounts will be limited by the assets they can trade.

[niklasmato]

There was an announcement on Telegram from Arnaud Dartois:

Announcement : the pre-ICO will start on nov 12th and the ICO will start on dec 4th.

So everything should be fine. No forks, a lot of time to optimize things and work on and with the community. Dec. 4th, you can get yourself a pretty nice early Christmas present then 

The only risk is some other trading bot companies act fast and use that hype to sell their icos. But we have to believe their strategy.

Eventually all trading will be performed by bots, so this will. be a project that will have to keep developing itself with some AI or it will die soon.
But as stated by the dev's that they already have hundreds of trading algos, it shouldn't be a problem.

[KryptoKings]

Are there any events upcoming where the team will be available for a chat? (pref Europe? )

They already were at a few conferences in Europe, so I would not be surprised they do a few more.

We are targetting to be in Moscow beg of November and again in Paris on 7th November.

[toolucky98]

There was an announcement on Telegram from Arnaud Dartois:

Announcement : the pre-ICO will start on nov 12th and the ICO will start on dec 4th.

So everything should be fine. No forks, a lot of time to optimize things and work on and with the community. Dec. 4th, you can get yourself a pretty nice early Christmas present then 

The only risk is some other trading bot companies act fast and use that hype to sell their icos. But we have to believe their strategy.

Eventually all trading will be performed by bots, so this will. be a project that will have to keep developing itself with some AI or it will die soon.
But as stated by the dev's that they already have hundreds of trading algos, it shouldn't be a problem.

Yea, there will be several DAFs with different strategy.
You should change it if one of them is no longer effective.

[haxllega]

i am sure that NapoleonX will raise many money, i have no worries, the cap of 25k eth will be reached.
The project has a great visibility and the team have worked hard on a lot of events.

i am sure too the cap will be easy reach the team do a good job, has been well publicized and project is valid,i just hope the bot will be performing/well functioning already from the first release...

I hope I will be able to use this product as soon as possible. I think if you are able to get a high profit many people will use it and we will all experience a massive growth of the coin.

[Heimer]

i am sure that NapoleonX will raise many money, i have no worries, the cap of 25k eth will be reached.
The project has a great visibility and the team have worked hard on a lot of events.

i am sure too the cap will be easy reach the team do a good job, has been well publicized and project is valid,i just hope the bot will be performing/well functioning already from the first release...

I hope I will be able to use this product as soon as possible. I think if you are able to get a high profit many people will use it and we will all experience a massive growth of the coin.

Exactly, I don't have enough time to day trade so I'm looking for a good bot to do this trading for me

[Trrrt]

Yes NapoleonX is really good for people who don’t have the time to trade. You just have to choose your strategie by picking your daf, then just wait that the daf make benefit and enjoy !

[KryptoKings]

Why they will't take bitcoin on ICO?

With our new partner for the ICO, Chaineum, we are glad to announce that we will be able to accept BTC and fiat to subscribe to our ICO. This was a big request from some large investors and we have found a way to accomodate this. In order to do so, 2 escrow accounts will be set up to collect BTC and fiat that will then feed our ICO smart contract. Technicalities will be revealed later and weel in advance of the actual launch.

As a reminder pre ICO is now confirmed for 12th November - 3rd December 2017 wiht ICO from 4th December to 4th January 2018.

A new Whitepaper explaining the structuring of the transaction will be released tonight or tomorrow morning. This is the result of our recent discussions with our lawyers. All economics remain the same. The voting will now not be necessary to collect Botons as we have simplified the structuring.

So basically, same economics, less constraints, larger investor base. And we are negociating high profile Advisors to join our project but I cannot say more.

[the_donald]

Yes NapoleonX is really good for people who don’t have the time to trade. You just have to choose your strategie by picking your daf, then just wait that the daf make benefit and enjoy !

that sounds sooo easy, but I doubt it will that way. remains to be seen but I think research will still play an important part of investing.

[imtiazmahmood]

Yesterday the team announced on the slack the date for the ico will be announced today!

On https://icotracker.net/upcoming NapoleonX ICO is listed as: 15/11/2017 00:00:00 UTC - 15/12/2017
But im not sure if this is correct, maybe they just set it as 15 november because that is mid november

Thank you for this news. i really liked this project because  napoleonX project giving many benefit more then others. there is low fees charge to investors who want to trade and trade and token holder also will be get good profit.

[helloal]

Why they will't take bitcoin on ICO?

With our new partner for the ICO, Chaineum, we are glad to announce that we will be able to accept BTC and fiat to subscribe to our ICO. This was a big request from some large investors and we have found a way to accomodate this. In order to do so, 2 escrow accounts will be set up to collect BTC and fiat that will then feed our ICO smart contract. Technicalities will be revealed later and weel in advance of the actual launch.

As a reminder pre ICO is now confirmed for 12th November - 3rd December 2017 wiht ICO from 4th December to 4th January 2018.

A new Whitepaper explaining the structuring of the transaction will be released tonight or tomorrow morning. This is the result of our recent discussions with our lawyers. All economics remain the same. The voting will now not be necessary to collect Botons as we have simplified the structuring.

So basically, same economics, less constraints, larger investor base. And we are negociating high profile Advisors to join our project but I cannot say more.

That's really good news all round. Both BTC and fiat are the easiest way for most investors to get in to an ICO. Will read the new whitepaper soon when I get some more time.
I'll definitely be looking to get into the pre ICO.

[batako]

Why they will't take bitcoin on ICO?

With our new partner for the ICO, Chaineum, we are glad to announce that we will be able to accept BTC and fiat to subscribe to our ICO. This was a big request from some large investors and we have found a way to accomodate this. In order to do so, 2 escrow accounts will be set up to collect BTC and fiat that will then feed our ICO smart contract. Technicalities will be revealed later and weel in advance of the actual launch.

As a reminder pre ICO is now confirmed for 12th November - 3rd December 2017 wiht ICO from 4th December to 4th January 2018.

A new Whitepaper explaining the structuring of the transaction will be released tonight or tomorrow morning. This is the result of our recent discussions with our lawyers. All economics remain the same. The voting will now not be necessary to collect Botons as we have simplified the structuring.

So basically, same economics, less constraints, larger investor base. And we are negociating high profile Advisors to join our project but I cannot say more.

That's really good news all round. Both BTC and fiat are the easiest way for most investors to get in to an ICO. Will read the new whitepaper soon when I get some more time.
I'll definitely be looking to get into the pre ICO.

For some people investing with fiat will be better since it is more stable. Hence in the future, the calculation will be a lot easier.

[o48o]

Why they will't take bitcoin on ICO?

With our new partner for the ICO, Chaineum, we are glad to announce that we will be able to accept BTC and fiat to subscribe to our ICO. This was a big request from some large investors and we have found a way to accomodate this. In order to do so, 2 escrow accounts will be set up to collect BTC and fiat that will then feed our ICO smart contract. Technicalities will be revealed later and weel in advance of the actual launch.

As a reminder pre ICO is now confirmed for 12th November - 3rd December 2017 wiht ICO from 4th December to 4th January 2018.

A new Whitepaper explaining the structuring of the transaction will be released tonight or tomorrow morning. This is the result of our recent discussions with our lawyers. All economics remain the same. The voting will now not be necessary to collect Botons as we have simplified the structuring.

So basically, same economics, less constraints, larger investor base. And we are negociating high profile Advisors to join our project but I cannot say more.

I am glad that you have fiat option as well. In that way i can lure my non tech savvy friends into this ICO

[belechau]

Congratulations to Chainel for seeing the potential of NapoleonX and signing this partnership, it is certainly a giant step to accept our btc as a way of entering ICO, wish them luck, and with the stabilization of the currency, I hope for a good growth in the near future

[tiger5056]

Congratulations to Chainel for seeing the potential of NapoleonX and signing this partnership, it is certainly a giant step to accept our btc as a way of entering ICO, wish them luck, and with the stabilization of the currency, I hope for a good growth in the near future

partnership before crowdfunding is definitely good thing. shows confidence in their project. There is no doubt i see that NaPoleonx Team is working very hard and doing everything to success in competitive time 

[bcmine]

Hello! URGENT! URGENT! CHANGE MY ADDRESS!
My Ethereum Address! WALLET ADDRESS -----> 0x1FbF75eBE29c9f2b08b63AA7dD0dFC92d94C79aa 
My spreadsheet twitter number is 226
My spreadsheet facebook number is 196

good to see the project is progressing