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

[KryptoKings]

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?

Very good suggestion for the marketing & pitch side, thanks for this, we do take into consideration your remarks.

The 1st DAFs will be launch between 6-9 months post ICO as shown inour website. Indeed, we need first to obtain the license before launching them. You have an inevitable due diligence time lag when you discuss with the regulator to obtain the green light. And of course the amount of money raised counts even if that part should not be a problem with our target. We are quite confident to fill the license conditions as quick as we can thanks to our professional background of asset manager. Otherwise, plan B could be to rent the license to an existing AM and we have already contacted big players to secure that recourse.

[Cauchy]

Algorithmic trading thrives in volatile markets and the crypto market sure is one hell of ride. But the crypto market is also very susceptible to news and rumors as we have seen this month. I wonder how NaPoleonX will deal with that.

It can easily arrange with stop-loss. They just put an stop-loss to every order, so when some stupid comment bring the whole market down, they just close the orders and take a better position.

It is not sure stop-losses works when there is this kind of volatility

[Cauchy]

Are you planing on using AI/Deep Learning for the bots?

[KryptoKings]

Any practical examples of using this algorithm?
What is it for?

To put it simple they are reading the market and deciding when to buy and sell

Yes indeed   We have developed over the last decade numerous proprietary trading bots, the first ten being exposed in our Blackpaper and soon available on our Blockchained Index Publisher for live trading!

[Coin_trader]

Algorithmic trading thrives in volatile markets and the crypto market sure is one hell of ride. But the crypto market is also very susceptible to news and rumors as we have seen this month. I wonder how NaPoleonX will deal with that.

It can easily arrange with stop-loss. They just put an stop-loss to every order, so when some stupid comment bring the whole market down, they just close the orders and take a better position.

It's not that simple. There is also such a thing as stop-loss hunting. Price dips for a few milliseconds and you just lost your position for no good reason.

Yeah, he's correct, it's not that simple for there is a high volatility in cryptos, but the team has their very good way of addressing that situation.

[KryptoKings]

to buy and sell

commercial adviser, oк)

 

[Cauchy]

And, please if you mind, elaborate on your usp compared to Enigma Catalyst, thanks

[KryptoKings]

Any practical examples of using this algorithm?
What is it for?

To put it simple they are reading the market and deciding when to buy and sell

I would say that this will be designed entirely for day trading. Bot will be trading your assets independently without you. Basically you leave computer running and (if bot will be good) earning profits.

Indeed! You just need to be invested in the overperforming bots to make return. And NaPoleonX will bring its whole experience in that domain!

[KryptoKings]

I think I saw other projects with trading bots :

Could you give us something that distinguish you from your competitors ?

Except for the bots timing the cryptocurrencies themselves, you would have access to a large choice of trading bots on the most liquid real/fiat Financial assets to avoid any liquidity squeeze. It will finally end to transfer money from fiat world to cryptoworld. Keep in mind that we will use only liquid and listed instruments like futures, what means that the major part of the funding will be kept in ETH or BTC. At last, the target return will be cryptocurrency of the DAF + generated alpha on the risky part. You will find in detail the proforma of our first 10 trading bots in the Blackpaper: http://blackpaper.napoleonx.ai/

[KryptoKings]

Is not bot trading bannable on the most exchanges ? If so what would be assurance for investment ?

No, trading bots are of course allowed by exchanges. What could pose problem to the regulators is the high frequency trading (their position are Under review for a while ;-) ) due to unfair practices, which is not our case, our bots are low trading frequency.

[KryptoKings]

i see weekly update from team. they believe in more communication which is good thing.

Thank you, communication is indeed key to install confidence. We will do our best!

[KryptoKings]

Do I get it right? This is not just a trading bot, but more like an "army" of trading bots, between the user can choose for getting the best results for himself?

You got it! The idea of this project is not to launch one single large fund but a series of them where each would follow a specific strategy implemented by dedicated trading bot in order to use diversification as a mean to generate regular returns for our NPX token holders.
At the end, the NPX token holders will have their own diversified portfolios of DAFs token and will pilot it through a dedicated module.

[KryptoKings]

Any practical examples of using this algorithm?
What is it for?

It would be cool if you could make a video (cartoon) explaining this platform.
With some examples on how this platform will benefit you. Will be following this thread because this seems a very interested platform.

Keep it up dev!

Great idea, we will try our best to make it! Thanks for your support!

[PS92]

Nope, it's even used on stock exchanges.

Indeed. Welcome to the world of High Frequency Trading and liquidity providers. Wallstreet is still ahead of us when it comes to automated trading.

You should read Flash Boys by Michael Lewis, great read.

[KryptoKings]

Its. It only a trading bot as we can think with a quick sight. Its a daf as napoleonx called that. A decentralized autonomous fund. These kind of bot exist in finance since a while. I think a powerful algorithm can do great things in rumor market. We will have the choice to choose wich bot we want to use with different level of risk I think. Its a finacial application in crypto world and its really cool !

Many thanks for your support! You are right. In fact, the final goal is to launch as much as possible DAFs to diversify the NPX token holders portfolio and generate sustainbale return. And you will be able to pilot your own portfolio through a dedicated module.

[Cauchy]

Given the impressive bot metrics as presented in the whitepaper. What is the reason to concern yourselfs with building a service/company around this rather than capitalising on the trading?

[Cauchy]

Nope, it's even used on stock exchanges.

Indeed. Welcome to the world of High Frequency Trading and liquidity providers. Wallstreet is still ahead of us when it comes to automated trading.

You should read Flash Boys by Michael Lewis, great read.

Everything written by Michael Lewis is a great read, my favorite is Liars Poker

[ioanbtc]

Is this only ICO? Can i mine this with GPU or not worths? And on what exchanges will be listed in future?

[BOAEDAN]

when will start ico sale? I am interested to invest in this project, I see this project is very likely to succeed

[matjas]

when will start ico sale? I am interested to invest in this project, I see this project is very likely to succeed

If you would check their website, you would see that ICO starts on Oct 23rd. They will have a hidden cap between 40.000 and 100.000 ETH.