|Goal of funding:||$30.000.000|
|Have working prototype:||No|
1st algorithmic asset management firm for crypto investors. 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.