Dropcoin (DRC)

DRC

Dropcoin allows both digital payment through Dropfood ecosystem and physical transaction via networks of Dropfood IoT vending machines across Southeast Asia.

The coin will enable financial services such as money transfer, loans and P2P lending for the 400+ million unbanked people in Southeast Asia.

Team:

• Dr Mark Hon: Co-Founder.
• John Fearon: Co-Founder.
• Lee Beng Sin: CTO.
• Nghia Do: Project Manager.
• Tuan Hoang: Head of Sales.
• Elson Low: Head of Finance.
• Hung Le: Head of Algorithm.
• Hoang Dinh: Head of Backend.
• Shuhei Morofuji: Investor.
• Chiang Joon-Arn: Investor.

Dropfoods will be holding its ICO on the 21st of September, 2017. The ICO token supply represents 33% of the total token supply, so there will be a total of 165,000,000 tokens available, for 0.01 ETH each at the offering. The ICO funding target is 100000 ETH and is expected to end on October 21, 2017.

Token Reserve Split (67%):

• Dropfoods - 30%;
• Reserved for Mining - 31.0%;
• Investors - 4.0%;
• Advisors - 2.0%;