Project Overview
Melonport AG was formally established in July 2016 by Mona El Isa and Reto Trinkler. It is a private company wholly owned by partners, located in Zug, Switzerland. In February 2017, the company issued 599,400 MLN tokens, raising CHF 2.5 million in 10 minutes. Melonport AG is solely responsible for the development of the asset management computer Melon.
Project Highlights
Our mission is established in an inclusive, reliable and transparent manner. Users do not need permission to set up funds on Melon. Melon is not owned by Melonport AG, and Melonport AG does not charge any fees; it is intended as a public good, like the Internet. As such, Melon is open source, decentralized, with no addictive feedback loops, and Melonport AG does not charge any fees for using Melon.
1. The project is mainly aimed at investment managers of digital assets. Through a certain ranking method, it is easier for better digital asset managers to stand out. This can help investors find better investment managers efficiently. This method is very common in funds. Brokers often let customers know the income of each fund through the yield ranking, so as to understand the trading strength of the fund manager.
2. The project is divided into MELON platform and MELON module. The platform compiles fixed trading rules and cannot be changed. The modules are convenient for transactions because they each set their own tools. The overall division of labor is clear.
Application scenarios
Melon is the first autonomous system dedicated to the management of encrypted assets. Both its front-end and back-end are hosted and executed on a decentralized platform. The front end runs on IPFS, while the back end utilizes a set of Ethereum smart contracts.
