ICO Spotlight | NaPoleonX - The First 100% Algorithmic Crypto-asset Manager

In today’s world, asset management is a financial service that is mostly provided by human asset managers within financial institutions. Typically, it’s a service that only high net-worth individuals, government entities, and corporations can afford to use due to the high investment minimum requirement.

However, the world is changing. Asset managers struggle to perform well in the low rate environment fees are high relative to the lack of exceptional return on investment. At the same time, algorithmic managers (fancy name for trading bots) are becoming smarter and more efficient. Most of all, they are less costly than keeping a cadre of asset managers on the payroll.

Thanks to the advent of cryptocurrencies and smart contracts, NapoleonX proposes to re-write the way we think about asset management by offering the following services:

1. Allowing asset managers, large-scale institutional investors, and anyone else, access to their proprietary trading bots on a rental basis.

2. NaPoleonX project will create a set of ten (10) Decentralized Autonomous Funds (DAFs) (fancy name for investment vehicles) that will be controlled 100% by trading bots. NaPoleonX holders of their cryptocurrency, NPX, will get a monthly revenue share of the DAF’s gross profits as well as direct DAF access to optimize their risk/return profile. This will allow everyone to decide and tailor an investment strategy that best fits their needs.

The above services will also accelerate cryptocurrency market adoption and access to a large set of asset classes.

THE NPX TOKEN

In addition to platform access, and trading bot documentation (audit & performance), NPX token owners will have the following three (3) key rights:

1. Only NPX owners will have access to trading bot signals. Those that own more NPX will receive this information more quickly.

There will be 3 levels of speed at which the signals will be provided depending on the number of tokens (represented by their keys) that one ETH address holds:

• up to [999] tokens you will get the standard signal 30min after market close

• from [1,000] up to [9,999] you will get the signal 15min after market close

• above [10,000] NPX token you will get the signal 15min prior market close with a refresh less than 1min after market close

1. The right to receive a monthly revenue share of new DAF tokens bases on a calculation derived from 25% of a DAFs positive performance. Of the 25%, 85% will be rewarded to NPX holders, and the rest to NapoleonX.

2. In the future, NPX holders will have a governing role and say in decided the make-up of new DAFs.

DAF VIEW

ICO DISTRIBUTION DETAILS

TOKEN NAME	NAPOLEONX (NPX)
ICO PERIOD	DEC 12th 2017 – JAN 4th 2018
TOTAL SUPPLY	11,500,000
TOKEN RATE	1 ETH = 100 TOKENS
MINIMUM CONTRIBUTION	1 ETH/0.1 BTC/1000EUR
ACCEPTED CURRENCIES	ETH, BTC, EUR

PROCEED ULTILIZATION

AREA	PERCENT
Asset Management License/Legal/Operational infrastructure	30%
HR	20%
Data acquisition	15%
Overhead costs	12.5%
PR	12.5%
Platform	10%

DATE	MILESONE
DEC 12 – JAN 4	ICO SALE
2-5 Months post ICO	Asset Management status acquisition (AMSA)
2.5 Months post AMSA	Release of NaPoleonX Platform
3 Months post AMSA	Launch of first 10 Napoleon Capital Indices
4 Months post AMSA	Launch of first 1-3 DAFs (depending on ICO size)

FINAL THOUGHTS

One area that I didn't cover is the strength of the team. Napoleon Crypto will be run by ex-finance executives that have over 15 years each in the finance sector. Here is the link to their team member section.

While Napoleon Crypto is mainly targeting high net-worth individuals and large-scale institutional investors, the retail investor will also have access to trading bots that wouldn't normally be available to the public. That access, along with the DAF revenue share, makes NaPoleonX's value proposition an attractive offer.

The only thing that I'm not clear on is DAF tokens (seen below):

DAF tokens what will be paid out to NPX holders. I assume DAF tokens will have no benefit other than being a tradable currency on exchanges. It's not clear if NaPoleonX will allow DAF tokens to be used to reinvest into a DAF. I was not able to ask about DAF tokens before this post needed to be published.

Overall, while NaPoleonX doesn't seem like it has an array of value propositions. Don't let that fool you. The two big ones it does have are enough to give them consideration no matter what net-worth you represent.

REFERENCE LINKS

NapoleonX Website
ICO Details
Whitepaper

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