Melon - chaia

MLN

#233

market capitalization

$27,058,898

price

2.02%

$26.44

bitcoin price

3.89%

BTC0.00225067

ethereum price

2.88%

ETH0.06759179

24h volume

$5,898,229

  • Price
  • Market Cap
  • Exchanges
#
Exchange
Pair
Price
24h Volume
Volume %
Chaia

Melon details

summary

The fast-growing demand for cryptocurrencies calls for a convenient way to administer them. Melon is one such platform that works through a blockchain protocol allowing easy and efficient maintenance of cryptocurrencies. Acting as a hedge fund, Melon presents a fully customizable administration of your digital assets. You can use it as an online vault that allows you to store and transact your funds through its web portal. Melon was developed to meet the need for a cost-efficient and technologically advanced hedge fund to manage digital assets. Reto Trinkler and Mona El Isa founded the company, Melonport AG in July 2016. The company created Melon as a digital asset management protocol. It is a first of its kind system that enables the users to store, administer, and invest in crypto assets through a decentralized network. Melon works through a fully decentralized infrastructure. All the information of the user, such as smart contracts, assets, and records are saved on a decentraliz...ed blockchain network. It not only offers reliability for the storage of information but also reduces the risk of custody. The protocol also offers a decentralized system of execution through the Ethereum Virtual Machine (EVM). Smart contracts are distributed across multiple Ethereum networks to provide better efficiency and security for the assets. With the Melon protocol, users can save both time and money for investing in a hedge fund. Additionally, there is no requirement of a third party approval from a lawyer or advisor. Melon’s ICO was launched in February 2017 and sold out within 10 minutes. Melonport is aiming to bridge the gap between the portfolio managers and the investors by removing the role of the third parties such as law firms. Melonport’s CEO, Mona El Isa comes from a strong financial background and is versed with the problems of the investment industry. There is still a lot of work to be done on the Melon project, even though things are looking quite positive already. An audit of the protocol has been completed already, and the project continues to advance. No further specifics have been provided on the website, although it remains to be seen what the future holds. Bringing more value to Melon Coin would be a good idea, yet it remains to be seen how that might be achieved.

price & media data

24h high/low:
$26.72 / $25.73
All-time-high price:
$258.26
All-time-high date:
Jan 04, 2018
Distance All-Time High:
-89.76%
Market Capitalization today:
$27,058,898

technicals

Circulating Supply:
1,026,228 MLN
Total Supply:
1,524,128 MLN
Proof Type:
N/A
Hashing Algorithm:
N/A
Block Time:
60 s

ico stats

Whitelist:
-
Presale:
-
Public sale:
02-15-2017 until 02-15-2017
Ticker:
MLN
Platform:
-
Country:
-
Accepting:
-
Restrictions:
N/A
Soft Cap:
-
Hard Cap:
-
Total Tokens:
1,524,128
Available for Sale:
-
Price:
0 MLN per 0
Total Raised:
-
Bounty:
-
KYC Required:
No