Dropil - Bringing Autonomous Investing to the Cryptocurrency World
What Is Dropil?
Harnessing the unique capabilities inherent to cryptocurrency, we are able to bundle numerous additional financial and security benefits with our service, all while making it low friction and easily accessible to the masses. This platform is not a single bot or strategy, but rather a carefully curated and tested set of automated bots – all designed and programmed 100% in-house. This was the dream, Dropil is the answer.
How Is Dropil Different From Lending?
So I wanted to address this first because a lot of lending platforms are getting Cease and Desists from Texas. (Yes, specifically from Texas) DROPIL IS NOT A LENDING PLATFORM.
In the traditional sense of giving your money to someone, yes, Dropil is a lending platform. In the non-traditional sense, Dropil is allowing the public to use their autonomous trading bot and sharing the profits with you. Does this sound familiar?(BITCONEEEEEEEEKKKKKKKKKKKKKKTTTTTTTTT)
READ ON!!!!!!!!
NOT A BITCONNECT 2.0!
Unlike Bitconnect, Davor, and all the other great lending scams out there, Dropil has taken the time out of their day to register as an IBC(International Business Company) . What does this mean for you? As an IBC Dropil has the ability to issue shares in either registered or bearer form. So if the great state of Texas decides that Dropil is indeed selling securities, or share like assets of their company, they are a registered, IBC, with the ability to do so.
Autonomous Trading Platform, DEX
Dropil lets you lend by investing your money into DEX.
A key aspect of the Dropil services is the automated smart trading robot
platform, internally and externally referred to as Dex. This platform is not a single bot
or strategy, but rather a carefully curated and tested set of automated bots – all
designed and programmed 100% in house. None of the logic or strategies designed and
used by Dex have ever been sold or given to anyone outside Dropil. Dex supports
running different modes which are a combination of logic optimized for specific tasks.
Each mode has a set of strategies it follows and will automatically switch to a different
set of strategies in reaction to market changes. The modes of the individual instances
operate independently of each other with no cross communication; however, all
performance is recorded in a central repository for continued analysis of all trading.
Dropil provides a lot of information regarding their bot platform in the whitepaper, including backtests of the bot, and a lot of other important information. If you want to know more:
Whitepaper: https://dropil.com/wp-content/uploads/2018/01/Dropil_White_Paper.pdf
Community
As far as I can tell Dropil doesn't have a very big community behind it. The telegram has about 1500 members in it, 500 followers on twitter, 3500 likes on facebook and overall just not a very big backing community. This could be good in terms that we are seeing it early or, there isn't much demand for it currently. However, the reviews of the coin have been getting positive feedback with many views on youtube.
Team
Finally, a lending platform that shows their team and, where the founders are based out of, California. The team is not all in Cali though.
Token Details
Token Type: ERC20, 18 decimals
Total Supply: 30,000,000,000
Sold In ICO: 15,000,000,000
ICO START Date: 02/07/18
ICO END Date: 03/07/18
Remaining Unsold: Destroyed or Distributed
Author of content @wardj but were rewritten and resteemed by @pendul for getting more people know about Dropil!
Join the Dropil Bounty Campaign on Bountyhive!
https://bountyhive.io/join/Dropil
Whitepaper: https://dropil.com/wp-content/uploads/2018/01/Dropil_White_Paper.pdf