Melonport

Melonport

Created using Figma
Created using Figma
Melonport is the private company building the open-source Melon Protocol. The Melon protocol is a blockchain protocol for digital asset management built on the Ethereum platform. It enables participants to set up, manage and invest in digital asset management strategies in an open, competitive and decentralised manner.
Risk: High
ICO
Feb 14, 2017
Feb 15, 2017
100% completed
$2 900 000
2.4 K
100% goal completed
past
  • 1 MLN
    =
    0.45 ETH
Token Details
Ticker
MLN
Company Details
Registered Country
Switzerland
Additional Details
Categories
Software

About Melonport

The open-source Melon protocol will enable distributed digital asset management on the Ethereum blockchain. Anyone can set up, manage, and invest in digital assets. Performance is easily demonstrated and audited. You can invest in other portfolios or have others invest in yours. The core software will support trading multiple tokens through a single interface, while add-on ‘modules’ will open features like price feeds, risk calculation, and KYC compliance.

In traditional finance, hedge funds manage assets smartly on behalf of others. However, the fledgling crypto-finance industry lacks the technological infrastructure to keep performances auditable, secure, and as frictionless as possible. To solve this, they have created the Melon protocol.

Migrating hedge funds to a blockchain also brings many benefits to the hedge fund industry itself. These include the following and broadly amount to lowering the barrier of entry for hedge fund management:

More transparency of fund performance, which would help in identifying poor performers
Reducing overhead costs (for auditing, booking, reconciliation, settlement)
Smaller up-front capital costs supports smaller funds, which themselves predict higher returns
A leaner and more diverse hedge fund industry could allow smaller investors to participate
This could help a fund-management industry emerge for existing crypto-assets and support existing traders who are migrating traditional assets to blockchain tokens. The protocol will be useful for managing one’s own funds too.

Features

The protocol allows you to do next things:
- Set up portfolio structures using a collection of smart-contracts
- Manage digital assets within the pre-defined parameters selected by the User’s portfolio structure
- Build an auditable, visible track record with virtually no setup costs and minimal variable costs
- Invest in other portfolios, or have others invest in yours

Technical Info

Technical details:  - Blockchain based protocol built on the Ethereum platform - MLN (Melon token) is a core component of the Melon project. It is designed to enjoy a “usage right” to the Melon protocol - All MLN that are paid by Users to access Melon will go into a smart contract called a “Multichain fund”. The purpose of this fund is initially to secure trustless connectivity to other blockchains as well as redeploying the melon protocol - Shares of the portfolio will be represented by a smart-contract following the Ethereum token standard (ERC 20) The source code:  The code is partially available on Github Proof of developer:  Public team

Activity

Posts:
148
MEDIUM
Followers:
516
LOW
Likes:
468
VERY LOW
Followers:
16 177
VERY HIGH
Tweets:
1 201
VERY HIGH
Year commits:
3 102
Watchers:
267
Stars:
790
Forks:
213
Open issues:
198

Team

Verified 17%

Attention. There is a risk that unverified members are not actually members of the team

Chairman & Co-Founder
unverified
CEO & Co-Founder
unverified
Head of UX/Front-End
unverified
Head of Design
verified
Front-End Developer
unverified
Blockchain Developer
unverified

Last News

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