Alright, it’s about that time again. Who is ready for some blunt and unbiased Fintech review? Today our sniper scope is aimed at the head of Napoleonx.ai, an interesting Bot/Management/Crypto service. Get yourself a drink and get comfortable, the BSWM team is about to reveal the answers you need.
Official website: https://napoleonx.ai/
Normally when we start to review a service that we didn’t know before, the first thing we want to understand is what the business actually offers. After almost an hour of page checking and researching, we are no closer to truly understanding what Napoleanx scam is there to do?
We see on the main site that “Napoleonx is The 1st Crypto asset manager piloting trading bots”. Underneath that on the homepage however, we see “Napoleon’s bots will be launching soon!”. Asset manager? Bot provider? Asset manager of bots they provide?
Honestly, any business that struggles to make it instantly understandable in terms of “what they do”, the faster we start to worry about the true nature of the company and service. Plus there is a weird spelling change on the description of the main site and this future bot service… Spider sense is tingling guys, and not a good kind of tingle either.
What does Napoleonx scam think they are?
We moved straight from the homepage to the Napoleonx About Us section, mostly because we are still trying to figure out what it is exactly we are supposed to be doing here. Maybe it’s the French background, but things are not getting any clearer…
So, we see they have ambition. Well, that’s good, at least we share some qualities there. We can see they want to “target” crypto holders, not exactly a term we like. And of course, they want family offices and big bucks hedge funds to join in also (unlikely in our opinion but let us see).
We can see they have a “specific technology” whatever that means, and that they offer “Blockchainized Investment Solutions”. Again, no clue, no actual further explanation available either. I guess it could mean they try to get you to buy ICO/IEO tokens? Or maybe something else, once more let’s just blame it on them for being French.
After what feels like forever we are getting somewhere with the “what they do” question, and we can see that they actually do offer trading bots (but not their bots?), and that these bots have ten years of R&D (weird as we can’t find anything on them more than a year or so old…).
Finally, to finish up with this page of their site, we can see they have an unknown “French regulation” and that they are a “French Regulated Entity” Absolute LIE and FALSE. They have no license or regulation link to any actual authority which provides regulation, and worse we cannot even see their registered business number (if there is one). Wow, barely a page in and it’s stinking worse than a can of herring in the sun!
What else is wrong with Napoleonx Scam?
A relevant and good question right now, we about to reveal even more giant holes in their website and product.
After being let down by the Napoleonx.ai homepage, and left badly disenfranchised with the “About us” page (showing nothing about them or what they do), we now move quickly over into their “Academy” section. Why quickly? Let me show you;
Exibit A: Academy page, no content, blank page
Exibit B: Tutorial page, no content, blank page
Exibit C: Events page, no content, blank page
Exibit D: About Academy page, random content explaining things that are not available as if they are available – truly weird so far guys…
Is the Napoleonx Academy any good then?
Ermm…. Sorry, what academy? Also, aren’t these guys meant to be some big crypto coin as well???
Come on BSWM, we want more info!
OK, we hear you! A nice trick that many companies with questionable services pull is fitting in all sorts of hidden goals and traps into their terms of service. Also, as the T’s &C’s is pretty much the fundamental structure of any business, in our experience it gives a clear insight into the level of quality for that company.
Looking at the terms sheet for Napoleonx is just shocking. Firstly, if there is ever any problem with what you bought from them, good luck getting money returned. Unless you can make it to a Paris court you can forget about any global authority being there to help you/protect you from wrongdoing. Second, and this blows us away, there is a weird line which should indicate clear ownership of this website and company, but instead, we get this:
The website NaPoleonX, which is accessible online at https://www.napoleonx.ai (hereafter referred to as the “Website”), is edited by Napoleon Crypo, a simplified joint stock company with a share capital of EUR 1,200, the registered office of which is located at 59 rue Montmartre, 75002 Paris, registered with the Paris Trade and Companies Register under number 833 353 212 (hereafter referred to as “Napoleon”). Any use of the Website by a Client or User (as defined below) involves full application of these Terms and Conditions of Use (hereafter referred to as the “TCU”). Before any use of the Website, each Client or User must take notice of these TCU.
The website is edited, not owned, edited by Napolean Crypo?? What the hell? Did they really misspell Crypto in their document? Or is it this weird non-ownership entity actually called crypo??? Weird phrasing, complete nonsense for most of the doc, maybe a bad translation from French?
Listen, it stinks. It really does. No clear owner, claims of regulation that doesn’t exist, typos in the legal documentation that also is weird from top to bottom. Oh and guys, last candy on this area of the cake: ALL LIABILITY IS ON YOU. That’s right, if you lose/have a bad time, it’s YOUR FAULT. Yeah….. Not really liking the sound of this so far! They are exactly similar to another bot called haasonline
What about the Napoleon Strategies?
I know you might think we were done, but not yet. Let’s keep digging and see what else we find hidden underneath the carpet, and behind page buttons.
We move from some rather shading findings above over to the Napoleonx strategy page. Really our apologies, it isn’t getting any better for the Napoleonx asset managing bot team…
Just like earlier with the academy links, nothing seems to work. Almost every single page and link is broken or dead. There is ZERO available information, and we found multiple buttons that lead to blank dead pages if clicked. Here is pretty much the entire picture for you so you don’t waste your time checking their site yourself
Weirdness intensifies guys* – It seems our presence on the website has been noted somehow as suddenly broken pages are changing their information and we are getting mysteriously redirected by perhaps some sort of chat feature. Suddenly instead of the picture above we see this now after a weird page push. Maybe we are being too paranoid and it is simply dirty cheap crap servers to blame (obviously also not a good sign if it is a “successful service and company”(it probably isn’t).
Oh and this is just funny now, if you do manage to actually make the strategy page load and then click on one of the “Strategies” this is what you see (typos, bad English and again, no actual information!).
Does Napoleonx scam make a profit for their clients?
Honestly not sure what we are still doing reviewing this one at this stage, but it is always good to finish a job once started. We want to provide all of the BSWM readers with as much actionable intelligence as we can. We want to protect you from falling into traps, holes, and scams wherever possible.
The one section of the Napoleonx website that shows any actual activity and appeals to our eyes is the “Signals” area. It is very busy and full of “trading bots”. Well, at least we can’t find any weird typos here.
What we do see is colorful and ok to look at, but nothing special. The opposite in fact. We have seen all this before with other bot providers, lot’s of noise to burn lots of volume but ZERO past performance and YOU are responsible to set up and manage all activity.
On the same page, we can see a tab marked “Sentiment”. We get to yet another weird half working set of pages, this time it gets more puzzling. They provide “market sentiment” but the provider of the data is not Napoleonx, it is also not a known big data/price provider. Instead, we see an unknown and again weird looking company/entity called www.Sesamm.com.
Maybe the signals and strategy and sentiment are meant to be super basic and undefined? Maybe they want us to reach for answers and information so they get a nice interested hot customer to deal with? Perhaps… We are a bit unhappy about having to speculate about these topics and areas.
Any normal legitimate business these days answers the basics of who they are, what they do, how they provide their service, along with of course confirming as much further information on everything as possible. With Napoleonx we get the exact opposite happening, and this is why instantly we didn’t have a good vibe or a positive experience writing this review.
I would tell a smelly fish joke, but sadly we already had to use it earlier! Really though, this smells bad at any distance. Well, at least they achieved something, right?
Extra credit: Any other secrets of the Napoleonx scam revealed?
You guys already know that we are pretty good at finding out the things bad brokers and scam services want to hide from investors. So, what did we manage to find out about Napoleonx outside of their badly made website?
Linkedin account: So we found the corporate Napoleonx Linkedin account. What we saw there is that they are hiring staff, but only unpaid interns that have some serious talents and experience – This is bad purely because they should be hiring a ton of staff to keep up with that #1 status and demand right? Nope. It smells again.
Furthermore, we saw they are posting up what looks like meet up events, where they are enticing high level to medium level investors and investment globally. They are VERY BUSY traveling around, with their power point show, and asking for mucho mucho money.
It feels like a cult at this point as we can’t find the actual service value, anything about the company to believe in or of course any proven history/performance. So what is it? Do we just have faith? Well, they are French and no doubt have lovely suits…. It is amazing how many believe faking it until they make it will still work today. Anyway, my grandpa always taught me it’s the handshake, not the suit or the shoes. Spider senses now morphing into an epileptic fit. *Que the alarm bells and flashing red lights.
Conclusion: Is Napoleonx a Scam? Or is Napoleonx an asset manager, bot manager, bot provider?
Everything in our experience says – RUN AWAY FAST AND AVOID. Are they a scam?? Potentially, it is hard to say. It could be maybe that we are not a pro user/subscriber, and so maybe we are limited to seeing what they can really do, at least for big-spending clients.
As for the average potential trader, we have zero clues about how anyone would trust these guys. Their claims are false, they have no regulation, they have no trading history and they fail repeatedly to explain what they offer and how it can actually benefit us.
All we see are the same old “we are number #1” cheers and claims to licenses that are not available and a genuine lack of clear user interface and design. Alright, maybe it isn’t a scam at all, we will let you decide now you have read the whole review.
What we can say definitively is, we were unable to find much to have faith in, to believe in, to rely on. Napoleonx.ai scam did a terrible job of explaining and educating us about their services and how their products can benefit the people that use them. – Keep your distance!