Public Crypto BLOG: NapoleonX - The First Algorithmic Crypto-asset Manager for Crypto Investors

NapoleonX is the first solution of smart collaborative investing dedicated to cryptocurrencies holders, through the creation of Decentralized Autonomous Funds (DAFs). Each DAF will be a crypto-fund whose investment strategy shall be governed by a blend of trading bots. At first, each DAFs will be created for a unique underlying assets. In a second stage combination of underlying assets might be allowed in the DAFs.

NaPoleonX ambitions to become the 1st algorithmic asset management company for crypto investors. The value proposal is underpinned by long standing performing trading bots running on a variety of highly liquid assets. NaPoleonX will benefit from a large range of existing trading systems developed by an experienced team in financial markets. NaPoleonX will drive DAFs development strategy, benefit from 85% of all botons consumed (performance fees) generated by the various DAFs and allow for preferred access during the future DAFs' launch.

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:

NapoleonX Vision

Tokenization opens the door to DAFs

Our vision is that, within a few years, most of today’s real assets will be tokenized implying that most of the Stock Exchanges will authorize the issuance of shares in crypto-currencies. Consequently, it will be possible, for instance, to buy Coca-Cola company’s or Apple’s shares directly in crypto-currencies. At such point, the crypto-ecosystem will become the new normality, leading to a mainstream status.

From this vision, we have created the DAF (Decentralized Autonomous Fund) concept to give investors access to robust investing strategies on any real or crypto assets diversifying their investment returns

DAFs, or Decentralized Autonomous Funds, have been introduced for the first time in NaPoleonX’s Whitepaper (Dec 2016). DAFs are conceived as smart contracts able to invest in financial markets through trading bots. A trading bot is basically an algorithm buying or selling a given underlying asset (ex: S&P500, ETH …) in order to generate an absolute performance.

A DAF will empower its owners to select (i) which trading bot(s) to use among a selection list provided by Napoleon Crypto and (ii) the appropriate leverage level. This initial “bot allocation” will be reviewed by its owners through a regular voting process.

The “bot allocation” will act as an oracle to give market orders to the DAF. DAFs may need to mirror their actions when operating on real underlying assets (ex: S&P500). Napoleon Crypto has developed a large set of performing trading bots and will offer them for the first DAFs to be created.

Bypassing the traditional asset management system
The asset management industry has been dominated, in an oligopolistic manner, by large banks or financial institutions for ages. They have collected huge amounts of fees while delivering poor performance.

Extending the investment universe to real assets, enables to transfer value and liquidity from the “real” world to the crypto ecosystem
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.

Boosting exponential rise in crypto market capitalization
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.

NPX Token

As participant to the NaPoleonX ICO, each subscriber will be attributed some NPX tokens. Essentially, the NPX token is a token giving right to:

The personal usage of the trading bots signals of the trading bots that will be implemented in the 10 first DAFs. Corresponding signals will be transmitted to the NPX token holders through a mechanism that shall ensure that NPX tokens are needed to access this information. In addition, there will be a mechanism so that the more tokens are hold, the soonest the information is delivered. The usage will be at the sole discretion of the NPX token holders.
Access to rental fees (“Botons”), for the first 10 DAFs . These Botons, which represent a rental fee over the proposed bots, will be payable on a monthly basis and equal to 25% of the positive performance. NPX token holders will be granted 85% of these Botons and Napoleon Crypto SAS 15%. Last but not least, these Botons will be payable in new DAF tokens issuance for the corresponding value.

Besides, the NPX token holders shall have access to a Platform enabling them to access their own account and reporting on DAF tokens received as Botons. This Platform shall also enable anyone:

to access the updated audits of the several trading bots, to check the latest performances of bots
to monitor the token events and performance of each DAF,
and to have access to relevant documentation on trading bots.

ICO Detail

Token Name : NAPOLEON X (NPX)

ICO Period : DEC 12th 2017 - JAN 4th 2018

Number of Tokens : 11,500,000

Target Cap : 40,000 ETH

Max Cap : 60,000 ETH

Token Rate : 1 ETH = 1,000 TOKENS

Minimum Subscription : 1 ETH, 0.1 BTC, 1,000 EUR

Currency Accepted : ETH, BTC, EUR

For the 40,000 ETH Soft Target Cap, the tokens will be distributed as follows :