Cryptocurrency attributes
Other attributes
Melonport is a blockchain and software development company that was founded in 2016 by Mona El Isa and Reto Trinkler and is headquartered in Zug, Switzerland. Melonport is developing a cryptocurrency asset management platform designed to automate aspects of asset management using their watermelon protocol. The frontend of the Melonport platform is built on top of the Interplanetary File System (IPFS) and the backend of the platform is built on top of Ethereum using smart contracts.
In February 2019 Melonport handed over the maintenance and governance of the Melonport protocol to the Melon Council, which initially consisted of Will Harborne, Nick Munoz-McDonald, KR1, Mathew Di Ferrante, Woorton, Martin Lundfall, Fabian Gompf, and Jenna Zenk. Melonport uses a multi-stakeholder governance model for resource allocation, protocol upgrades, and adjusting of network parameters. Every every year 300,600 MLN is inflated and is set aside for blockchain developers and maintainers.
From February 15, 2017 to February 16, 2017 held their initial coin offering (ICO) selling approximately $2.9 million worth of their platforms cryptocurrency token Melon (MLN).
On June 1, 2017 Melonport announced raising an undisclosed amount of seed funding from KR1.