Review of ICO Napoleonx

in review •  7 years ago 


WHAT IS NAPOLEONX

NAPOLEONX offers the first solution of joint intellectual investment, intended for holders of crypto-currencies, by creating decentralized autonomous funds (DAF). Each DAF will be a crypto fund, whose investment strategy should be regulated by a combination of trading bots. First, each DAF will be created for individual underlying assets. At the second stage, a combination of underlying assets can be resolved in the DAF.

Smart contract NaPoleonX will be deployed by the French company Napoleon Crypto SAS. This company will retain or use intellectual property over merchant bots for the first 10 DAFs that are offered in this project. This intellectual property will be shared by holders of NPX tokens in accordance with two modalities: the distribution of trading signals used by DAF, and the share of rental income for DAF bonuses

To date, more than 20 trading bots are available. The first batch of 10 DAFs will be launched on predetermined conditions and only on the basis of the intellectual property of Napoleon Crypto. After that, negotiations will be held between holders of NPX tokens, Napoleon Crypto and a potential supplier of external strategy for each new DAF.


HOW NAPOLEONX WORKS

Bots will be sent to NPX tokens holders through a mechanism that must ensure that NPX tokens are needed to access this information. In addition, there will be a mechanism that allows you to hold more tokens, the faster the information will be delivered. Use will be at the sole discretion of the holders of NPX tokens.

Napoleon Capital has already developed more than 20 strategies, allowing you to quickly create 10 DAF, which were confirmed by holders of NPX tokens. Napoleon Capital will provide these strategies to Napoleon Crypto. A strategy provider is any person who is capable of:

  • to offer a set of current trading strategies corresponding to the underlying assets,
  • implement such strategies for accounting for DAF and its subscribers. To do this, you may need a license to manage assets.

At any time it is very easy to calculate the value of the net assets of DAF, and then each DAF, since all DAF assets are very liquid and consist of:

  • a certain number of ETH
  • Some financial instruments that are subject to the influence of BaseCurr (the underlying asset)
  • some derivative instruments for hedging BaseCurr


Road map

2008

  • The first batch of quantitative models (for personal use).

2009

  • JC. Dudek and S. Ifrakh ran> 4b € in BNPP AM.

2011

  • Basic updates of the original quantitative batch models.

2013

  • Launch of the second large package of quantitative models.

2015

  • A. Dartois and S. Ifrah met at Ecole Polytechnique ("X") for the Executive Program.

2016

  • Initial discussion of NaPoleonX between A. Dartois, JC. Dudek and S. Ifrakh.
  • The DAO project.
  • Expansion of the DAO concept for DAF formalization.
  • Issue of the original document NaPoleonX and gold paper.

2017

  • The NaPoleonX team joins the program of the Accelerator Polytechnic School.
  • The NaPoleonX team joins the StationF via Ecol Nacional Deux Pontus and the chaussees incubator in July.
  • The release of NapoleonX BlackPaper in July.
  • Documentation update in September.
  • Running Publisher Index beta in September.
  • Updating the documentation in October.
  • Release the beta version of the voting system.

TERMS OF ICO


Owners of NaPoleonX (NPX) tokens participating in the selection of trading bots will benefit from the rights to use for their personal accounts the trading signals provided by the first trading bots and the share of rental income paid by DAF for the use of trade bots. Bottles will equal 25% of gross output. NPX token holders will receive 85% of these Bots for the 10 first DAFs that will create Napoleon Cryptov. The number of bots is calculated from the productivity created by the combination of trading bots used by DAF.


1 ETH = 100 TOKENS

Name of the token: NPX

ICO Period: 12 December - 4 January

Number of tokens: 11 500 000

Target cap: 40,000 ETH

Max cap: 60,000 ETH

 Token rate: 1 ETH = 100 TOKENS

COMMAND

Stefan IFRAH

  • Stefan began developing algorithmic strategies more than 10 years ago in BNP Paribas. He headed an investment team that manages EUR 4.0 billion through 2013. Then he turned to entrepreneurship and took part in the launch of the hedge fund. Over the years, he has built more than 20 extensive scalable strategies. Most recently, it began to develop in the world of crypto currency. He graduated from the best MS in France (École Polytechnique) and received another master's degree from ENSP. He also has the Data Science certificate from École Polytechnique.

Arnaud Dartos

  • After several years of work as a private investor in investments, mainly in health and waste, Arno became an independent consultant and entrepreneur. He has been interested in Blockchain since 2015 and met with Stefan during the Data Science program organized by École Polytechnique (French MIT). They formally formalized the concept of DAF in December 2016 and decided later to launch NaPoleonX to revolutionize the emerging investment universe. Arno holds MS from École Polytechnique and PhD in computer science (algebraic combinatorics) from the Polytechnic School and ENS.

Jean-Charles DUDEK

  • Jean-Charles is an experienced banker who has more than 12 years experience in the banks of level 1. As the former head of the Office of Active Protected Funds in BNPP AM (the head of 3 experienced portfolio managers), he managed more than 3 billion Euros AUM for several years. Jean-Charles has many years of experience both on the sales side and on the buying side. He met Stefan when they both worked at BNPP. Stefan asked Jean-Charles to join the project and attract his leadership and structure a strong experience in the crypto universe. Jean-Charles studied banking, finance and insurance in Paris IX Dauphine and Paris X Nanterre.

And others

More information about the project can be found here:

Website: https://www.napoleonx.ai/#whitepaper-anchor

Twitter: https://twitter.com/NapoleonXai

Facebook: https://www.facebook.com/NapoleonXProject/

Telegram: https://t.me/napoleonx_ICO

Bitcointalk: https://bitcointalk.org/index.php?topic=2169263.0

Medium: https://medium.com/@napoleonx.ai

White Paper: https://www.napoleonx.ai/wp32Y878754/NapoleonXWhitepaper_GB.pdf


AUTHOR OF THE ARTICLE

Vkontakte: https://vk.com/imtonyfat

Twitter: https://twitter.com/antonfateev1996

Facebook: https://www.facebook.com/profile.php?id=100013218671700

Telegram: https://t.me/TonyF1996

Bitcointalk: https://bitcointalk.org/index.phpaction=profile;u=1102634

0x9ca23235728ce9eF5bc879A9Abb68aF3a003551C

I'm not a project manager. This article is written on the basis of information taken from official sources with the purpose of acquainting everyone interested in this project.

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  ·  7 years ago (edited)