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.
Napoleon Crypto will run a platform that will enable the design of algorithmic solutions on an open source scheme. It will act as an advisor to NaPoleonX by regularly proposing new algorithms to launch new DAFs. NaPoleonX will vote on the effectively launched DAFs. In exchange, Napoleon Crypto will benefit from 15% of all botons consumed (performance fees).
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.
Asset managers trading on real assets are facing a major issue: to prove their performance towards third parties and potential investors in particular. At NaPoleonX, we have solved this issue by using the blockchain as trusted third party to compute an index from any given strategy’s signals, while proving that the signal was known in due time but disclosing it with any chosen latency.
Proof of Performance has been implemented in the world first blockchained index publisher developed by NaPoleonX. Beta version is available at beta.napoleonx.ai. It presents the indices corresponding to the first DAFs that NaPoleonX shall launch after its ICO and constitutes the first brick of the NaPoleonX platform.
First batch of quantitative models (for personal use)2008
JC. Dudek and S. Ifrah managed > 4b€ at BNPP AM2009
Major upgrades of initial quantitative models batch2011
Launch of a second major batch of quantitative models2013
A. Dartois and S. Ifrah met at Ecole Polytechnique ("X") for the Data Science Executive Program2015
Iniatial NaPoleonX discussion between A. Dartois, JC. Dudek and S. Ifrah2016
The DAO project
Extension of the DAO concept to formalize DAF
Release of initial NaPoleonX Whitepaper and Goldpaper
New trading bot on BTC/USD (market timing model)2017
NaPoleonX team joins Ecole Polytechnique accelerator program
NaPoleonX team joins the StationF through Ecole Nationale des Ponts et Chaussées incubator in July
Release of NapoleonX BlackPaper in July
Update of WhitePaper in September
Launch of Index Publisher Beta version in September
Update of WhitePaper in October
Release of beta version of voting system
Stephane started developing algorithmic strategies more than 10 years ago at BNP Paribas. Stephane headed an investment team managing EUR 4.0bn until 2013. He then turned to entrepreneurship and participated in the launch of a Hedge Fund. He has built a more than 20 long standing scalable strategies library over the years. More recently, he has started developing for the crypto currency world. He graduated from the best MS in France (École Polytechnique) and holds another MS degree from ENSP. He also holds a Data Science certification from École Polytechnique.
Arnaud DARTOIS (PhD)
After several years working as a private equity investor, mainly in the health and waste business, Arnaud became independant advisor and entrepreneur. He's got interested in Blockchain since 2015 and met Stephane during the Data Science Program organized by École Polytechnique (French MIT). They formalized the DAF concept in December 2016 and decided to launch NaPoleonX afterwards, to revolutionize the emerging blockchain investment universe. Arnaud holds a MS from École Polytechnique and PhD in Computer Science (Algebraic combinatorics) from École Polytechnique and ENS.
Jean-Charles is an experienced banker with more than 12 years in Tier 1 banks. As former Head of Active Protected Fund Management at BNPP AM (heading 3 experienced portfolio managers), he managed more than 3bn€ of AUM for several years. Jean-Charles has a long standing experience on both sell and buy sides. He met Stéphane when they both worked at BNPP. Stéphane asked Jean-Charles to join the project and to bring his management and structuring strong expertise to the crypto universe. Jean-Charles studied Bank, Finance and & Insurance in Paris IX Dauphine and Paris X Nanterre.
Stefan DUPREY (PhD)
Stefan has a strong and mixed profile being a quantitative developer with extensive expertise in derivatives pricing, electronic trading and asset management but also extensive programming knowledge ranging from C/C++, java up to python and R. Stefan got recently hooked up to smart contract programming and is a blockchain enthusiast. He has been the recipient of a PhD thesis from INRIA at the meeting point between applied mathematics, computer science and physics.
Alexandre is a Software Engineer. He started his career as responsible of several Trading tools on the Listed Products Trading Desk at Société Générale CIB before joining Ernst & Young as a Senior Consultant where he met Stephane. He holds a M.Eng. from Ecole des Mines de Douai.
After numerous experiences in both international and small companies, Diane developed a keen interest in entrepreneurship and joined NaPoleonX in April 2017 as CMO. She graduated from Panthéon-Sorbonne University in Paris with two Master’s Degrees: one in Applied Mathematics and the other one in Banking and Finance.
Marien IRZYKIEWICZ, CAIA
Marien holds a Bachelor degree in economics and a Master in finance. He is a CAIA charter holder and a CFA level 3 candidate. After several experiences in investment and risk management, he wanted to dedicate his career to a new challenge, driven by his deep passion for crypto currencies and blockchain revolution.
Carlos is student at École 42, a school based on a peer-to-peer learning model founded by Xavier Niel, also founder of StationF, the world biggest startup campus. He has great skills in C language and an autonomous, polyvalent profile. He loves blockchain, computer languages and philosophy.
Kun is an engineer student at École Polytechnique (French MIT). He has obtained a Bachelor degree in Mathematics in China and he currently works for NaPoleonX as an analyst. He is interested by the Blockchain technology and he prepares himself to participate in the revolution of cryptocurrency.
Jianfei has got a bachelor’s degree of Southeast University in Information Engineering and is studying applied mathematics and computer science at École Polytechnique. With experience in web development and deep learning, he is passionate about all kinds of innovative technologies related to computer science.
Jérome DE TYCHEY
Jerome is a manager at the EY Paris Lab where he leads the blockchain team. Trained as an economist, he switched to miner after discovering Bitcoin. He is also the president of Asseth a French non-profit that promotes Ethereum. He co-organized EDCON in feb. 2017, notably featuring Vitalik Buterin.
Dr. Moe Levin is the Chief Executive Officer (CEO) of Keynote, an investor in high-tech startups, and an advisor to governments, regulators, banks, and venture-backed companies. Some of the projects he has been involved with include The Global Blockchain Council in Dubai (2015 - present) , the harmonized VAT treatment of Bitcoin (2013), The OECD Working Party 9 (2013-2014). Moe is also the Co-Founder of the first accredited Blockchain Academy, an early investor in RSK Labs, Labfresh, Dropbox, and others. Prior to founding Keynote, Moe was responsible for launching a venture-backed startup in Europe which raised $30m from Richard Branson, Index Ventures and others.
Justin is the Chief Operating Officer and equity partner of investFeed - the social epicenter of the cryptocurrency community, which is currently in alpha and set to launch early Q1 2018. Justin is a master strategist, playing a a pivotal role executing and managing the direction of the investFeed community, focusing on partnerships, data analytics, marketing, community management, and growth of organic culture. Justin has been a part of several successful ICOs, including investFeed, and has a lengthy background in finance and traditional equities. Previously, Justin had created and managed a disruptive software development and event sales company while consulting for numerous NYC-based startups. Justin's passions include marketing, trading and investing, particularly in emerging technology, and in his spare time, Justin enjoys fitness, travel, and modern art.
Roderik VAN DER GRAAF
Roderik is Managing Director at Caldera Pacific, a growth capital investment firm based in Hong Kong. He has been in the VC/PE space since 2011 as both principal investor and in the intermediary business (with KCP Capital). Previously, Roderik had a career in financial markets where he was an equity derivatives trader at Bear Stearns, HSBC, Rabobank and Deutsche Bank along with hedge funds (LIM Advisors) and market making firms (All Options). He traded both proprietary trading strategies and client flow. He has been involved in crypto assets since 2014 as investor and advisor.
Roderik holds a B.Eng. in Aerospace Engineering (University of Hertfordshire), a MSc. in Information Technology (Queen Mary and Westfield College, University of London). He is a Chartered Alternative Investment Analyst charter holder.
Kramer Levin Naftalis & Frankel LLP
Kramer Levin Naftalis & Frankel LLP is a premier, full-service law firm with offices in New York, Silicon Valley and Paris. Firm lawyers are leading practitioners in their respective fields. The firm represents public and private companies – ranging from Global 1000 to middle-market and emerging growth companies – across a broad range of industries, as well as funds, institutions and individuals.
Hubert DE VAUPLANE
Hubert de Vauplane is a partner in the banking department of the Kramer Levin Paris office. He is co-directing the alternative financing and investment activities, overseeing regulatory, structuring and execution aspects. He is both a French and European specialist regarding regulatory issues for investment banking and asset management. He is also acting as an advisor to his clients on on Blockchain, Fintech, crypto-currencies and on financial regulation. Kramer Levin is an international lax firm with more than 375 lawyers. Clients are mainly from investment funds and top notch financial institutions. The Paris office has a strong team on blockchain and crypto currencies.
First French player dedicated to fundraising in cryptocurrencies, Chaineum offers the expertise of a team of experts in finance, financial engineering and tokens design, graphic design and website development, elaboration of whitepapers, blockchain development and IT security. The company is planning 8 operations by the end of 2017, for European, North American and Asian companies, which could amount to a total of € 200 million.
Stéphane is the co-founder and CEO of United First Partners, a leading global special situations group providing brokerage, research and financial advisory services to large financial institutions and corporates. United First Partners has been ranked #1 independent Pan European Special Situations Research for 6 years (including in 2017). Prior to founding United First Partners, Stephane was a managing director at ICAP, and previously worked for Tullett Prebon, KBC, Natixis and BNP Paribas.
Lucas started as a cameraman before starting assembling videos for different production companies. In 2013, Lucas launched his own company, MAGGLE, specialized in motion design. MAGGLE intervenes in digital communication for companies ranging from start up to large companies (MAAF, BANKIN, BNPParibas, FFT,...).
The registration for the pre-sale is now closed. People registered on the greenlist may access the pre-sale starting Sunday 12 nov at 23:59 CET. Other people will be accepted for the ICO that will start on December 4th, 2017.
|TOKEN NAME||NAPOLEON X (NPX)|
|ICO PERIOD||DEC 4th 2017 - JAN 4th 2018|
|NUMBER OF TOKENS||11 500 000|
|TARGET CAP||40 000 ETH|
|MAX CAP||60 000 ETH|
|TOKEN RATE||1 ETH = 100 TOKENS|
|MINIMUM SUBSCRIPTION||1 ETH
|CURRENCY ACCEPTED||ETH, BTC, EUR|
How will be spent the funds raised?
40 000 ETH
Operational infrastructure ...