Review on Melon by Amos joseph
Melon
Melon an operation decentralized open source platform operating since 2016 well recognize in the crypto space, these project was design base on ethereum smart contract to boost users portfolio to generate profit from other crypto assets, whose computation is performed using ethereum blockchain.
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Melon project aims to optimize users asset management by creating an alternative system. Using the project web portal, interested users can invest in funds and portfolios launched by other users, and other users can invest in their creations. The Melon protocol uses the MLN cryptocurrency to execute various operations on the platform. transaction fee on the platform requires using ether.
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the platform has two layer
1. Fund layer where other users on the platform can control funds which other users can invest on.
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2. Infrastructure layer
it provide users with certain asset that can be used for trading.
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MLN token can be used for making votes on the platform and for taking certain policies like fee management.
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Although the platform has a very good reputation I couldn't have access to it's webpage due to some technical problem hope it would be resolved in short time.
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Pros
- A decentralized blockchain project aims to optimize investors/users fund by creating a portfolio where users can create medium for investors to invest in
- Platform token can be used for making decisions and price control management
- An ethereum base project using blockchain smart contract
Cons
- Webpage not accessible for now.
