Subscribe to Our Newsletter
Friday May 27, 2022
Bitcoin (BTC) $28,930.00   Ether (ETH) $1,764.13
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Investment Management
    • M&A
    • Mining
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
No Result
View All Result
Swap USDT (TRC20) Instantly
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
Changelly
CryptoNinjas
Home Crypto Exchanges

Kraken starts trade of Melonport’s Melon (MLN) tokens

Published by CryptoNinjas.net
03/16/2017
Kraken starts trade of Melonport’s Melon (MLN) tokens

San Francisco-based crypto exchange Kraken, today announced it now offers support for trading Melon tokens (MLN). Melonport, the company behind Melon, had a successful Initial Coin Offering (ICO), hitting its target of 227,000 ETH, currently worth about $6.5 million, within 10 minutes.

Built on the Ethereum network, Melon is a protocol for managing digital assets that are decentralized, modular, transparently auditable, and low cost. MLN tokens cover the platform usage fee and are used to reward developers who build Melon modules.

Which MLN pairs will be available for trading?

  • MLN/XBT (melon-bitcoin)
  • MLN/ETH (melon-ether)
  • Margin trading:  Working to possibly offer MLN margin trading in the future…

MLN will be available on Kraken’s new trade platform, which the company acquired earlier in the month in a deal with Cryptowatch.

MLN tokens & the Melon protocol

A maximum of 1.25 million MLN tokens will be created before the deployment of the final version of Melon (expected to take about two years). A total of 599,400 MLN will be tradable immediately (499,400 from the ICO and 100,000 assigned for the Melonport company to use).

Another 650,600 will become tradable later (500,600 reserved for a future crowd sale and 150,000 assigned to founders, advisors, and corporate partners that will be locked and non-tradable for two years or until Melon is fully deployed). After the final version of Melon is deployed, more MLN tokens will be created to incentivize developers for their efforts.

The Melon protocol lets users:

  1. Define the parameters of portfolio structures using smart contracts
  2. Build an auditable, visible track record with low setup costs and minimal variable costs
  3. Invest in other portfolios, or allow others to invest in yours
Explainer diagram on Melon
27
SHARES
FacebookTwitterLinkedinRedditE-MailTelegram

Related News

Crypto exchange Kraken acquires crypto staking platform Staked

12/21/2021
Crypto exchange Kraken acquires crypto staking platform Staked

Kraken, a popular crypto exchange and blockchain asset platform, today announced it has acquired Staked for an undisclosed sum. Staked is a non-custodial staking platform that enables investors in Proof-of-Stake networks to compound their...

Read more

Crypto exchange Kraken unveils Kusama Parachain Auction Platform

06/08/2021
Crypto exchange Kraken unveils Kusama Parachain Auction Platform

Kraken, a popular bitcoin and cryptocurrency exchange company, today announced it will support Parachain Auctions in time for the first rounds taking place on Kusama, the “canary network” for Polkadot. Clients, excluding those in...

Read more

Crypto exchange company Kraken launches venture fund

02/11/2021
Crypto exchange company Kraken launches venture fund

Kraken, a popular bitcoin and crypto exchange company, today announced it is supporting the launch of a new independent initiative called Kraken Ventures to actively invest in crypto and fintech startups. With an operational...

Read more

Techemy Capital and Enzyme team up to launch managed ETH-BTC fund

02/10/2021
Techemy Capital and Enzyme team up to launch managed ETH-BTC fund

Digital asset investment firm Techemy Capital, today announced the launch of its Holistic ETH-BTC Portfolio in partnership with Enzyme Finance (formerly Melon Protocol), an Ethereum-based infrastructure for on-chain asset management. Powered by digital asset...

Read more
Load More

Discussion about this post

Where to Exchange

Crypto services suite in Spanish Visit
European bitcoin exchange Visit
Swap & buy 150+ cryptocurrencies Visit
America's first regulated bitcoin exchange Visit
  • Trending
  • Latest
Kiln completes $5 million funding round to grow blockchain staking platform

Kiln completes $5 million funding round to grow blockchain staking platform

05/19/2022
Legion Network launches app with crypto wallet, NFTs, play2earn, watch2earn, launchpads, rewards and more

Legion Network launches app with crypto wallet, NFTs, play2earn, watch2earn, launchpads, rewards and more

05/24/2022
Decred blockchain introduces new cross-chain, SPV-based wallet: GoDCR

Decred blockchain introduces new cross-chain, SPV-based wallet: GoDCR

05/23/2022
TRON network integrated with blockchain infrastructure provider Ankr

TRON network integrated with blockchain infrastructure provider Ankr

05/23/2022
Polygon-built prediction market protocol SX Network integrates Celer cBridge

Polygon-built prediction market protocol SX Network integrates Celer cBridge

05/26/2022
Crypto derivatives platform BitCoke raises $20M USD led by Huobi

Crypto derivatives platform BitCoke raises $20M USD led by Huobi

05/26/2022
Cosmos creator and co-founder of Tendermint Jae Kwon launches NewTendermint

Cosmos creator and co-founder of Tendermint Jae Kwon launches NewTendermint

05/25/2022
Polygon forms a multi-million dollar fund to assist Terra projects in migrating

Polygon forms a multi-million dollar fund to assist Terra projects in migrating

05/25/2022
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2022 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact
No Result
View All Result

© 2016 - 2022 CryptoNinjas Disclosures | Privacy Policy

Go to mobile version