New issue

Have a question about this project? Sign up for a free GitHub account to open an issue and contact its maintainers and the community.

By clicking “Sign up for GitHub”, you agree to our terms of service and privacy statement. We’ll occasionally send you account related emails.

Already on GitHub? Sign in to your account

NapoleonX - Due diligence #3

Closed
hterrence opened this Issue Oct 24, 2017 · 7 comments

Comments

Projects
None yet
7 participants
@hterrence
Collaborator

hterrence commented Oct 24, 2017

Company's website: https://www.napoleonx.ai/

@icochecker

This comment has been minimized.

Collaborator

icochecker commented Nov 16, 2017

Napoleon (NPX)

Team

2 team members listed on NapoleonX website but Linkedin profile says that they no longer work there.

napoleonx-intern

napoleonx-jianfei-zhang

napoleonx-kun-xu

Advisors

Legal

Kramer Levin Naftalis & Frankel LLP
Registered Address:
47, avenue Hoche
Paris 75008
France

Company

Napoleon Capital

73 Rue Léon Bourgeois
91120 Palaiseau

Incorporated on: 27 July 2017
SIRET: 824 566 814 00029
ACTIVITIES (NAF CODE): 6619B

Director:

  • Stephane IFRAH
  • Arnaud DARTOIS

Infogreffe - Companies Register

Smart contract

Github

Commits

Product

  • No working product but a demo.
    napoleonx-demo

  • Demo
    Login: napoleonx
    Password: demo

Vesting

  • 6 month vesting schedule for founders and team.

napoleonx-team-vesting-2

Screenshot of telegram chat with co-founder discussing vesting schedule

napoleonx-vesting-chat

Investor concern

napoleonx-investor-concern

Additional info

Token distribution

napoleonx-distribution

Token allocation

napoleonx-allocation

Flags

Real Team:
GitHub:
Smart Contract: -
Working Product:
+2 yr Vesting for team: 6 month vesting schedule for tokens distributed to founders and team.
Have a company:
Transparent: -

IcoCheck

@icochecker icochecker changed the title from NapoleonX background check to NapoleonX - Due diligence Nov 17, 2017

@icochecker icochecker added the Red flag label Nov 24, 2017

@loul42

This comment has been minimized.

loul42 commented Jan 15, 2018

Hi,

What are the multiple red flags ?

Thanks

@icochecker

This comment has been minimized.

Collaborator

icochecker commented Jan 16, 2018

@loul42 I just updated the issue and the flags. (Last update 16 Nov 2017).

Major Red flag:

  • 6 month Vesting schedule for Founders tokens. (Founders could sell their tokens 6 month after the ICO)

Other flags:

  • No working product but a demo
  • Team members listed on their website but Linkedin says otherwise. (See screenshots above)
@coinbala

This comment has been minimized.

coinbala commented Jan 23, 2018

Chat showing attitude about short vesting

screen shot 2018-01-23 at 13 00 57

@KazanGi

This comment has been minimized.

KazanGi commented Feb 28, 2018

IMHO avoid completely this ICO

@icochecker icochecker added Past ICO and removed Active ICO labels Feb 28, 2018

@gaia

This comment has been minimized.

@pabx06

This comment has been minimized.

pabx06 commented Apr 29, 2018

LOL. it is like paying a gambler to lose all your money

Sign up for free to join this conversation on GitHub. Already have an account? Sign in to comment