This year was a good year for all investors in general. Investments in stocks, real estate, mutual funds all showed decent returns. Although, it's no secret as to which was the best investment commodity in the year gone by. Cryptocurrencies, as I've mentioned so many times in the earlier articles, grew dramatically in value since the year began.
As a result of this dramatic rise, the adoption of digital coins saw a surge as well. Yet, only a small percentage of people in the world have actually participated in any blockchain transaction. And even a lion's share of these transactions were made for investing in the blockchain technology as opposed to using it for the utility they provide.
Due to the dramatic rise which I mentioned earlier, in its short period of existence, cryptocurrencies are steadily becoming a decent source for investors to invest their assets.
But, the NaPoleonX team has a slightly different way of looking at this scenario. Instead of treating cryptocurrencies as investments, they want to give investors the opportunity to use these cryptocurrencies to invest in other projects, much like people currently do with fiat currencies.
About NaPoleonX
NaPoleonX believes that out of the many advantages cryptocurrencies have on the traditional fiat currencies, they do have one critical disadvantage. Digital wallet holders do not have as many options to invest their assets in, as the users of fiat money have.
And they decide to change this scenario by creating DAFs. DAF stands for "Decentralized Autonomous Funds", which are quantitative hedge funds based on the blockchain technology.
Quantitative because all the DAFs will invest in 100% algorithmic solutions guided by trading bots for buying or selling a given underlying asset. Quantitative research of assets has been already proven to yield a better result in the longer run when compared with investment decisions made by humans.
And based on blockchain technology because the DAFs will work on the concept of smart contracts which will give investors the opportunity to invest across different financial markets recommended by the trading bots. Smart contracts will also foster a performance driven investment market where investment managers will only be paid when they deliver on their promise.
Investors will have the ability to choose amongst various Decentralised Autonomous Funds and investment strategies to optimize their returns and best fit their needs.
Each DAF which essentially is a crypto fund will have an investment portfolio which will be monitored and regulated by a combination of trading bots and these bots will be chosen by the stakeholders through a voting process.
So, investors can choose to use the recommendations made by a certain bot whose performance has been decent in the past and also have the power to push out an underperforming trading bot.
An advantage that NaPoleonX has is that they already have developed 10 Trading bots and DAFs for investors to review, which can be found at https://www.napoleonx.ai/wp32Y878754/NapoleonXBlackpaper.pdf
The NaPoleonX team envisions that, within a few years, most of the real world assets will be tokenized, for example, the shares on the stock markets like amazon and Microsoft will be accessible to investors with digital coins.
NaPoleonX will benefit from 85% of all performance fees that are generated by the DAFs, and 100% of the performance of however it participates in the DAFs.
The investment platform and all the decision making power will be available to the holders of NPX token.
The token Sale
The ICO is scheduled to start on 10th January 2018 and will last until 31st January 2018. The NPX token is an ERC-20 based token and will be valued at 1 ETH = 1000 NPX Tokens during the ICO.
The total number of tokens issued during the token sale will be 95 Million. Soft cap for the token sale is set at 40000 tokens, while the hard cap is set at 60000 tokens.
Minimum accepted subscription is kept at 1 ETH.
Investors can use ETH, BTC and EUR to buy the tokens, and there are bonuses available for early investors.
70% of the total tokens issued would be available for investors during the crowd sale, while 15% are reserved for the founding team. Remaining 13% and 2% will be allotted to advisors and towards bounty campaigns respectively.
The funds generated from the ICO will be used towards the setup of the NaPoleonX platform. This also includes the acquisition of an asset management license.
Moreover, if the target for the ICO is attained, NaPoleonX will seed its first DAF.
US Citizens are barred from participating in the ICO.
Our Opinion
NaPoleonX is the crypto-arm of the parent company Napoleon Capital. Napoleon Capital has experience of offering quantitative performance through low frequency and highly liquid strategies. The past performance of the parent company will assure the veracity of the claims of their crypto platform to the potential investors and add credibility to the performance of the algorithmically driven trading bots.
The core team for the NaPoleonX is same as the parent company and have good experience in managing investment portfolios.
The team states in their whitepaper that the "investment-brick" is one of the most crucial and possibly the last piece of the puzzle to drive the adoption of cryptocurrencies to a global scale.
You can check the rest of the information given in their white paper here:
https://ico-wordpress-uploads.s3.amazonaws.com/uploads/NapoleonXWhitepaperV1.4.pdf
Investment opportunities in blockchain have the potential to become highly lucrative in the near future and getting a head start in this domain through NaPoleonX seems like a good idea to me.
Visit Website: www.napoleonx.ai
Authored By: Etheran
Btalk profile: 0x2014D994888daC14566B12C1eF747B747A52cC4e