platform, powered by the DROP ERC20 utility cryptocurrency token, for automating cryptocurrency trading, analysis, and storage. The company is headquartered in Belize City, Belize and was founded on January 20, 2018 by Zachary Matar and Jeremy McAlpine. Dropil is a blockchain
Dropil users are able to invest DROPS into the Dropil decentralized cryptocurrency exchange (DEX) trading bot (named Aruthur) which nets returns based on a risk level the user sets for arbitrage opportunities. Dropil also offers a "smart" cryptocurrency wallet for securely storing cryptocurrency assets which comes with a personal digital assistant named Max.
On January 10, 2018 at the Dropil Token Event 30 billion DROP tokens were created; 60% were wold and distributed during the Dropil initial coin offering (ICO), 20% went to the Dropil team, 20% went to Dropil founders (locked), and 15% went to the Dropil Vault.
Initial coin offering
From February 7, 2018 to March 7, 2018 Dropil held their ICO selling approximately $60 million worth the DROP cryptocurrency.
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