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Review on Melon by Nikolay Sadonin

Revainrating 4 out of 5

Melon is one of the fast-growing crypto project.

Melonport aspires to close the gap that now exists between portfolio managers and investors by eliminating the need for third parties like legal firms. The Melon protocol, in doing so, provides transparency and modularity at a cheap cost. In contrast to other prominent cryptocurrencies such as Bitcoin, it is more of a decentralized hedge fund than a token of monetary worth.



Melon operates on a completely decentralized infrastructure. The blockchain network stores all of the information about the user, including smart contracts, assets, and records. It not only ensures the security of information storage, but it also minimizes the danger of information theft. The Ethereum Virtual Machine, which is part of the protocol, also provides a decentralized method of execution (EVM). In order to increase the efficiency and security of the assets, smart contracts are spread over several Ethereum networks. Because of its one-of-a-kind blockchain coding, MLN is a safe token to use in transactions. It eliminates the threat of counterfeit tokens and increases the level of protection against fraud. With the Melon protocol, customers may save both time and money while investing in a hedge fund, which is beneficial for both parties. A third-party clearance from a lawyer or financial adviser is also not required.



Melon's ecosystem is made up of investors, managers, and module developers, among others. The portfolios to invest in are provided by the portfolio managers to the clients. The use fees generated by the investments are directed to a smart contract fund, which is utilized for the governance of the protocol as well as the payment of the developers.



Melonport already has a large and growing network of investors that support the company. MLN is becoming more popular among investors as the Melon protocol is put into effect. Melanie Port's CEO has a solid financial experience and is well-versed in the issues facing the investing sector. In order to offer a new framework for investing in and managing a range of digital assets, the Melon project was created.



The diverse range of assets that a Melon fund may provide you with is a compelling reason to invest. Melonport touts security as a strong feature, claiming that investors would have less concerns. Melonports's user interface, on the other hand, is a source of contention. It is not user-friendly, is primarily concerned with technical aspects, and is unappealing. The easiest method to go about making a choice to invest in MLN is to go over the funds that are currently accessible on Melonports's website. You will be provided with all of the necessary information about the fund, its organization, and its past.

Pros
  • Everything is governed by a series of smart contracts.
  • Modules have a supporting function.
  • The flexible component of a portfolio is flexible and adaptable.
Cons
  • Nothing big as of now.