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Screenshot of a breaking news alert e-mail from Q2 2017
NaPoleon Crypto has reached an agreement with Chaineum, the first French ICO boutique, for conducting an Initial Coin Offering that will be fully compliant with the French regulation.
NaPoleon Crypto will publish the NaPoleonX smart contract: The NaPoleonX platform will allow to sell crypto investment vehicles (DAF – Decentralized Autonomous Funds) managed by algorithmic trading models and it will regularly propose new algorithms supporting exclusive automated trading solutions. Chaineum will act as advisor to NaPoleonX, the 1st algorithmic crypto asset manager.
Founded by Laurent Leloup, expert in blockchain and corporate finance, Chaineum is positioned as the first “ICO Boutique” in France, providing a range of end-to-end services to companies and international start-ups wishing to develop with this new funding mechanism. Following the recent successful ICO conducted by Domraider, where Laurent Leloup acted as Lead advisor, Chaineum is leading this fundraising of which presales will open mid-November.
NaPoleonX smart contract is published by Napoleon Crypto, a venture from Napoleon Capital’s cofounders dedicated to crypto currencies investment. Napoleon Capital is a fintech start-up accelerated at French Ecole Polytechnique and housed at Station F, in the “Ponts et Chaussées” engineering school incubator. Its cofounders, Stéphane Ifrah, Arnaud Dartois and Jean-Charles Dudek are recognized finance professionals as former asset managers for large banks and investment funds. With NaPoleonX, the goal is to create the first crypto asset manager dedicated to quantitative investement solutions for crypto currencies. It will propose liquid crypto investment solutions, replicable at a large scale, based on crypto assets (Bitcoin, ether) or fiat financial markets (futures, stocks, exchange, credit).
NaPoleonX tokens (NPX) will benefit from 85% of performance fees generated by the platform and seized from the DAFs.
The ICO target is 40,000 Ethers (ETH).