StrongHands SHND to Dropil DROP Exchange

Crypto Pair Details: SHND to DROP

StrongHands SHND

StrongHands™ is a free open source project derived from Bitcoin, with the goal of providing a long-term energy-efficient crypto-currency. Build on the foundation of Bitcoin, innovations such as proof-of-stake help further advance the field of crypto-currency. StrongHands™ is a StrongHands™ network-compatible, community-developed wallet client. The project has been designed to provide people with a stable, secure, and feature-rich alternative to the StrongHands™ reference wallet PPCoin. To help facilitate broad community cooperation, many trusted StrongHands™/Peershares community leaders have write permissions to the project’s codebase, allowing for decentralization and continuity. Community members, old and new, are encouraged to find ways to contribute to the success of the project. If you have experience with programming, product design, QA engineering, translation, or have a different set of skills that you want to bring to the project, your involvement is appreciated!

Dropil DROP

Dropil offers a full investing suite including financial planning, retirement savings, and of course trading. Their primary target market is inexperienced investors who are looking for an easy way to enter into the cryptocurrency markets, but they also have something to offer the more experienced investor, cryptocurrency and otherwise. And they claim to be able to set-up investment planning for anyone, regardless of their risk tolerance or background. Of course the main selling point of Dropil is the automation of the cryptocurrency trading process. The platform requires little input from investors and claims it will deliver high profit margins and minimal risk of losses. A second part of the Dropil platform is the Arthur bot. This bot is the risk management bot, which manages investor portfolios and also provides arbitrage analysis. While it is less complex than Dex, it is still important as it will monitor up to 13 different exchanges and 10 different coins to find arbitrage opportunities for you. What is most important to note is that this can all be done without the use of an API as well as no user accounts needed. Future plans include expanding this functionality. The final aspect of the Dropil ecosystem is the DROP token, which is an ERC-20 token that was created to help ensure privacy, while also powering the internal economy of Dropil. The team chose to use the ERC20 protocol to help foster compatibility and quick exchange executions to benefit the entire community. The DROP token has a total supply of 30 billion coins, which was determined to be an optimal amount for asset management by the developers. It was also chosen with the optimal user base in mind, as well as the need for coins to be traded and achieve widespread adoption. The need to use the DROP token to access the feature of Dropil should ensure a good implementation and demand for the token. Dropil looks like an interesting project that is tackling the complexity of investing in cryptocurrencies. The idea of automated trading, investing and arbitrage is a compelling one, but it does sound familiar. Stocks, commodities and forex all have these types of automated systems, or robots, that promise guaranteed returns. I have yet to come across one that is reliable in the long term. Perhaps the artificial intelligence algorithm is advanced enough to change that. Perhaps cryptocurrency market movements are easier to analyze and predict.

SOURCE: COINGECKO

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