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 decentralized 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.
Therefore, Melon is somewhat going to the same direction of ICONOMI, another project on ethereum.
Terrible name, I can think of so many better names than Melon ...