Melon is a digital asset management protocol that uses blockchain software to allow for the open and competitive development of management strategies. Each of these digital asset management strategies have portfolios that are visible to all and can be invested in. The Ethereum platform and its smart contracts power the protocol. Users can create portfolio structures for their strategies, and all other users who invest in your portfolio and strategy must stay in the parameters of that structure. The open and competitive nature of Melon means that only the best strategies will be successful. Track records can be viewed and audited.
Melon (MLN) is the ERC20 Ethereum token that represents a usage right to the Melon software and can be used to pay various fees on the protocol.