Review on Melon by Robiul Islam
An affordable and technologically advanced hedge fund for digital asset management.
It works through a fully decentralized infrastructure. All user information such as smart contracts, assets and records are stored on a decentralized blockchain network. This not only provides reliability for storing information but also reduces the risk of custody.
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Pros
- The goal is to bridge the gap between portfolio managers and investors by removing third-party roles, such as law firms. In doing so, the protocol offers transparency and modularity at a low fee. This is more of a decentralized hedge fund than the actual token of monetary value, unlike other major cryptocurrencies like Bitcoin.
Cons
- It is not user-friendly, focused mainly on the technical aspect, and lacks an appeal.
