[NO ICO] First TOKEN MINTING EVENT on the MELON PROTOCOL

[Ferdinand Thomas]

This looks like a very good idea, a capable team and I really want to see how this is going to work with actual people.

Thanks a lot and welcome to the community

[Ferdinand Thomas]

Compact Project info (One pager) in

ENGLISH

SPANISH

KOREAN

[Kween2]

what is the difference to iconomi for example?

[Ferdinand Thomas]

what is the difference to iconomi for example?

1. The investment process with Midas is fully decentralized. All Midas portfolios are Melon funds on the Ethereum Blockchain.
2. As modular system Midas can integrate ANY token-providing business and thereby provides the full range of assets that are currently available as tokens
3. The investing process of Midas is embedded in a social ecosystem that brings people together. Investing in groups, competing in the overall ranking or direct challenges are playful approaches to investing

[Ferdinand Thomas]

what is the difference to iconomi for example?

1. The investment process with Midas is fully decentralized. All Midas portfolios are Melon funds on the Ethereum Blockchain.
2. As modular system Midas can integrate ANY token-providing business and thereby provides the full range of assets that are currently available as tokens
3. The investing process of Midas is embedded in a social ecosystem that brings people together. Investing in groups, competing in the overall ranking or direct challenges are playful approaches to investing

4. the ultimately easy UX of Midas: The Midas Touch builds the interface between the socio-financial network and the investment layer. It offers functions for the new paradigm of a financial platform with a social media interface and transforms content into investments. The Midas Touch enables in-app-purchases by connecting the user’s fund and underlying payment methods to all content and available products on the platform. Whether the best friend’s fund, trending assets or a promising ICO, adding an asset to a portfolio or investing in a fund becomes as easy as clicking the Like button. Investments can be conducted in three simple steps: click the button, set the amount, done.
Midas aims at creating new user behaviors. While the concept of “liking” is familiar to the overwhelming majority of users, the platform combines already known concepts with extended activities and thereby surfs on the wave of an entirely new investment world. With the blockchain technology, everybody can become an investor and investing becomes an everyday experience. Swift, lucid and user-friendly.

[pzrqvw]

Where can I find out more about the team?

[Ferdinand Thomas]

Where can I find out more about the team?

So far, you can only check the individual LinkedIn profiles. However, we are currently redesigning our website and will soon come up with a new version that also includes team member descriptions.

[grinchguy]

it says: "*US citizens are not permitted to take part in the Beta event and won't be rewarded with any MDS."

Is there a way to just participate in the Beta without receiving MDS for people from the US?

[Ferdinand Thomas]

it says: "*US citizens are not permitted to take part in the Beta event and won't be rewarded with any MDS."

Is there a way to just participate in the Beta without receiving MDS for people from the US?

Unfortunately due to legal implications within the US jurisdiction it is currently not possible. However, we are working with our legal team on finding a way and we hope that eventually we‘ll be able to offer Midas to US citizens, too.

[Ferdinand Thomas]

Where can I find out more about the team?

So far, you can only check the individual LinkedIn profiles. However, we are currently redesigning our website and will soon come up with a new version that also includes team member descriptions.

Here some background information about our CEO Adrian Gallo and how he came to Midas

Medium

[Ferdinand Thomas]

And another MEDIUM POST about Generation Y as new investor group and how Midas adresses particularly retail investors.

[Ferdinand Thomas]

Some technical details from our back end

Using SSL for Phantom connections to Apache Cassandra

Scala on AWS Lambda — Benchmarking Serialization and Deserialization

[kalunomics]

Decentralized cryptocurrency asset that can hold any crypto asset no matter the blockchain? That would be a great idea especially if there would be lite version where we don't have to synchronize any blockchain data or download a blockchain bootstrap file.
Will MDS entitles its holders to receive shares in the revenues generated by the Midas
module in Midas token, other crypto assets of choice or fiat? I have signed up for the beta testing while awaiting more details about the project and how the team plan to implement these solutions.

[Ferdinand Thomas]

Decentralized cryptocurrency asset that can hold any crypto asset no matter the blockchain? That would be a great idea especially if there would be lite version where we don't have to synchronize any blockchain data or download a blockchain bootstrap file.
Will MDS entitles its holders to receive shares in the revenues generated by the Midas
module in Midas token, other crypto assets of choice or fiat? I have signed up for the beta testing while awaiting more details about the project and how the team plan to implement these solutions.

1. Decentralized cryptocurrency asset that can hold any crypto asset no matter the blockchain?  --> So far, the Melon protocol is implemented on the Ethereum Blockchain with perspective to connect to Polkadot which would achieve interoperability with any other blockchain. 

2. That would be a great idea especially if there would be lite version where we don't have to synchronize any blockchain data or download a blockchain bootstrap file. --> Midas users indeed operate a lite client on their device  in order to connect to the blockchain.

3. Will MDS entitles its holders to receive shares in the revenues generated by the Midas
module in Midas token, other crypto assets of choice or fiat? --> The shared revenues will not be paid out in Midas but instead in a preferred crypto currency like Ether or Bitcoin. We are also looking into the possibility to pay out Fiat, if desired.

We're glad you signed up and welcome you to our community

[Ferdinand Thomas]

Another 2 questions: What is the exact purpose of your token? And why did you choose to give out a security token?

There will be publishd an article this week why we choose a security token. We will keep you posted

[Ferdinand Thomas]

Latest Retweet by Melonport

[Trephyna]

i hope this one the success to this project and the swap done successful

[Ferdinand Thomas]

i hope this one the success to this project and the swap done successful

Thanks And welcome to the community!

[Ferdinand Thomas]

READ why Midas co-founded MAMA, the Multichin Asset Managers Association - https://mama.global

[grinchguy]

READ why Midas co-founded MAMA, the Multichin Asset Managers Association - https://mama.global

An interesting association with quite some big names in it:

https://techcrunch.com/2017/12/04/asset-management-startups-using-blockchain-get-their-own-trade-body-mama/