First Algorithmic Crypto Asset Management Company --- NaPoleonX
NaPoleonX
NaPoleonX is the first algorithmic asset management company incorporated for crypto investors. The value tender of the company is supported by reputed trading bots contended on liquid assets. The company also carries the advantage of advanced trading system designed by highly experienced and qualified experts of the financial market. The first whitepaper of the company was released in December 2016. NaPoleonX is a pioneering asset management company that soon will launch its funds through NaPoleonX ICO.
Origin
NaPoleonX was formed by Napoleon crypto SAS and was founded by asset managers of the top-rated banks. The main founders of the company were Stephane Ifrah, Jean Charles Dudek and Arnaud Dartois. All of them had more than 15 years of experience in the finance sector.
Overview
NaPoleonX carries the program that support the algorithmic solutions with transparency. NaPoleonX crypto also keeps introducing new algorithms to unveil new DAFs (Decentralized autonomous Funds). DAFs are basically the small contracts that allow to invest in the finance sector via trading bots and trading bot is simply is a buying and selling algorithm of a main asset. In return earns 15% performance fees and NaPoleonX benefits from 85% of total botons consumed with the development strategy of DAFs by allowing the complete access during the unveiling of DAF. The new DAFs are being added in the system to maintain the privet.
As the asset managers are facing problems related to trading in real assets to show their success to the third parties and other investors, NaPoleonX serves as a problem solver by using the blockchain so that investors can compute on the index with strategy signals. It was the first crypto asset management company to implement proof of performance in the blockchain index publisher.
Working of NaPoleonX
Initially the DAFs are being sponsored by NaPoleonX but later the external visitors get the access. NaPoleoX monitors the investment portfolio of the investor in the DAF so as to frequently launch new schemes and collect more performance fees other than net performance of the investments in the other assets. The NaPoleonX tokens also carry an important role in the company, as a token holder can participate in the selection of bots and in exchange receives the revenue (or rental fees or Botons) generated on it. DAFs pay the rental fee for using trading bots. The overall botons will have a share of 25% of the performance of the fund and the token holders will receive 85% of botons in lieu of creating first DAFs by NaPoleonX. The bot allocation is continuously reviewed by the owners by regular voting. It also acts as the forewarning to the DAFs to give market orders.
NaPoleonX ICO
NaPoleonX will start its ICO on 4th December 2017 and will end it by 4th January 2018. The crowd sale will begin a little later than it. The pre-sale will be open from 12th November 2017 and ends on 3rd December 2017. The company will accept investments in cryptocurrencies only like Ether, Bitcoin and Euro.
The company strives in offering the best technology and services to their clients in order to ensure the utmost customer satisfaction and enhanced processes.