To trade crypto-assets is very convenient since it may benefit from the full power of smart contracts with a completely seamless structure within the crypto environment. However, we are convinced that restricting investments to these assets only would be a mistake, for the following several reasons:
- Volume Even : with the recent market capitalization records, BTC and ETH are still a fraction of the largest asset markets (equities, fixed income …). Giving the possibility to invest in real assets would allow to manage larger amounts of funds from day one than simply trading altcoins and bitcoin.
- Value Transfer : With efficient trading strategies, lots of value can be seized from the real world and transfer back to the crypto ecosystem. Such value transfer shall fuel the growth of the crypto world and accelerate its journey towards general acceptance (virtuous cycle).
- Diversification : Portfolio management intrinsically relies on diversification. Creating numerous DAFs will offer this possibility.
The NaPoleonX project has been launched because we believe we should contribute to the tokenization of real assets happen rather than wait for it.
The way we are seeing the crypto-market universe of investment solutions:
Total market capitalization for all crypto currencies has experienced an exponential rise due to the beginning of democratization among fiat holders. To develop further there will need to be several conditions including some kind of regulatory framework and the development of investment solutions.
The project
NaPoleonX will be the first 100% algorithmic crypto asset manager. The project is founded by ex-multibillions asset managers in Tier 1 banks, who have already designed, created and traded performing trading bots for the past 15 years. The NaPoleonX smartcontract will be deployed by Napoleon Crypto SAS, a French company. This company will hold or benefit from the intellectual property over the trading bots for the first 10 DAFs that are proposed in this project. This intellectual property will be shared with NPX token holders according to two modalities: the diffusion of trading signals used by the DAFs and a revenue share over the DAFs bots’ rental fees Napoleon Crypto SAS or a fully owned subsidiary will apply for an asset management license in a EU country as soon as the ICO has been completed. At this stage, France and Luxembourg are strongly considered as potential candidates as both Stéphane Ifrah and Jean-Charles Dudek have managed French and Luxembourg funds during their previous job at BNP Paribas Asset Management and Natixis Asset Management. As of today, more than 20 performing trading bots are available. A first batch of 10 DAFs will be launched at predefined conditions and only based on Napoleon Crypto intellectual property. After that, a negotiation will be set up between NPX token holders, Napoleon Crypto and potential external strategy provider for each new DAF.
NaPoleonX ICO
Any crypto-investor will have the opportunity to participate in the NaPoleonX project through an ICO to be launched on 4th December 2017 on the Ethereum blockchain. A Green List is available on bonus.napoleonx.ai enabling anyone to secure its participation in the project and receive a 30% bonus on the NPX token issuing price.
NaPoleonX will launch its ICO by issuing NPX tokens and is aiming to collect 40 000 ETH that will be sold by Napoleon Crypto SAS, in order to:
- Acquire or rent the required asset management licenses to launch DAFs
- Develop a platform:
- 1. to publish indices based on proposed strategies for performance monitoring.
- 2. for NPX token holders to get access to the trading signals of the DAFs.
- 3. for NPX token holders to manage their private account (including collected DAF tokens as payments of Botons) and vote on collective decisions,
- 4. for future DAF subscribers to manage their portfolio of assets,
- 5. for DAFs to manage ICO and successive SCOs o Promote the NPX tokens,
- Promote the DAFs’ creation and performances,
- Finance the R&D to create new performing trading bots
The ICO will be declared successful in case of a Minimum Amount of 25 000 ETH raised.
Hidden cap:
Although the project has a formal cap of 100 000 ETH, a hidden cap will be set up. It is an incentive for subscribers to not wait until the end of the ICO to contribute. Indeed, in the case of this hidden cap being reached early, the ICO would automatically end prematurely. It shall ensure that the NPX token demand will be high, even after the successful completion of the ICO.
A Bonus Program will reward early subscribers with a maximum 20% discount, according to the following table:
However, each contribution validly registered during the Pre-ICO (as described below) will have access to a 30% discount rate regardless of the amount. However, Pre-ICO bonus program will be limited to the first 40 000 ETH or equivalent.
The Founders
WEBSITE : https://napoleonx.ai/
WHITEPAPER: https://www.napoleonx.ai/wp32Y878754/NapoleonXWhitepaper.pdf
ANN THREAD : https://bitcointalk.org/index.php?topic=2169263.0
MY BITCOIN USERNAME : wellni
MY ETH WALLET ADDRESS : 0xA1601dca437De4525442dcEC421580cCD94c5AD2
