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Cryptocurrencies: 4547
Markets: 59857
Market Cap: $866,067,995,464     
24h Vol: $74,418,954,036
Melon (MLN) Rank 200
Website Twitter
2,093,289 MLN

Melon (MLN)

Melon (MLN)

MLN

Melon (MLN) Price
$48.91

Melon (MLN) 24h Vol
$65,701,621

Melon (MLN) Market Cap
$102,378,993

Melon (MLN) Circulating
2,093,289

Full Name
Melon (MLN)
Symbol
MLN
Algorithm
ETH Token
BTC Price
0.00162074 BTC
BTC Market
3,393 BTC
BTC 24h Vol
2,177 BTC
Total Coins Mined
2,093,289 MLN
1h
63.73 %
24h
81.39 %
7d
10.62 %
Charts

Melon (MLN)

Description

The Melon protocol is a blockchain protocol for digital asset management on the Ethereum platform. It enables participants to set up, manage and invest in digital asset management strategies in an open, competitive and decentralised manner.

The usage token is called Melon token MLN and is a core component of the Melon project. It is designed to enjoy a “usage right” to the Melon protocol. To use the Melon protocol one has to use MLN token. This “usage fee” will most likely be imposed on trading.

Full Name Melon (MLN)
Start Date N/A
Algorithm ETH Token
Proof Type N/A
Website melonport.com/
Twitter @melonport
Facebook N/A
Reddit N/A
Block Number N/A
Block Time 60
Block Reward N/A
Total Coins Mined 2,093,289 MLN
Previous Total Coins Mined N/A
Net Hashes Per Second N/A
ICO Details

ICO Details


The MLN token is designed to enjoy a “usage right” to the Melon protocol. To use the Melon protocol one has to use MLN token. A maximum of 1,250,000 MLN will be created before the final version of the Melon protocol is deployed to the live network. Following the live deployment, a fixed amount of new token will be created periodically and be distributed towards the most widely used Modules of the Melon protocol. This incentivises maintenance and development of the Melon protocol even after its final version is deployed to the live network.

The cap of 227,000 ETH was raised in just 10 minutes, the 500,000 tokens had a lockup period of 4 weeks until they could be traded. 100,000 tradable Melon tokens will be created for Melonport to be used at the company’s discretion. 150,000 non-tradable Melon tokens will be created for Melonport Founders, Advisors & Corporate Partners.

500,000 tradable Melon tokens will be created at a future date expected to be in Q1-Q2 2018.

Ethscan

 

ICO Status Finished
Token Supply 750000
Start Date 2017-02-15
End Date 2017-02-15
Fund Raised (BTC) 227,000 ETH
Fund Raised (USD) 2900000
Start Price (USD) 6
Security Audit Company N/A
ICO Legal Form Corporation
ICO Jurisdiction Switzerland
Legal Advisers N/A
Blog https://medium.com/melonport-blog
White Paper melonport.com/melonprotocol.pdf

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