



Wow. What an eventful 2018, to say the least. Turbulent markets, an acceleration in regulatory action in the space and the first DAPP protocols going live. Well done for seeing it through to the end. This will be our last newsletter of 2018, but we look forward to seeing you again in 2019. Hopefully, some of you will even be able to join us in Zug for M-1 in February. In case you missed it, we are organising our Asset Management 3.0 conference where we gather some of the leading experts and builders of on-chain financial applications for two days to learn from each other, show what we have been working on for the last year and meet like-minded individuals to grow together.



Let's get started with our November news.



Last month, we brought clarity to the remaining unanswered questions around the Melon token through the publication of the last piece of our Melonomics series:



Another big topic for us last month was fees. If you are managing a portfolio for your investors, you ought to be compensated for your efforts. Though the Melon protocol already automates the majority of back office and administration processes through the contracts (and as a result drives down the costs to a bare minimum), the manager still needs to conduct research and make the final decision on which investment to make. Investors pay for this service in the form of management and performance fees. Melon does not re-invent this concept, we actually think this concept is quite efficient already. Melon funds do however reinvent how these fees are paid by the fund. Instead of using cash or liquidating positions to pay fees, the fund smart contract itself calculates and creates new shares, allocating them to the investment manager’s own account holdings within the fund. To understand the benefits of this approach, we strongly recommend a read of



Next up. Have you come across



Before we all get back to work, the entire Melon team would like to officially wish you and your families happy holidays and we hope that you have a wonderful start to the new year. We cannot wait to see the first Melon funds deployed on the main net next year.



Thank you for your support, your feedback, testing our software and for giving us new ideas to explore daily. Melon would not be where it is today without the continued support from its community and we are very grateful for that.



Take care and see you again in 2019!





November Highlights: Hello there Melon friends.Wow. What an eventful 2018, to say the least. Turbulent markets, an acceleration in regulatory action in the space and the first DAPP protocols going live. Well done for seeing it through to the end. This will be our last newsletter of 2018, but we look forward to seeing you again in 2019. Hopefully, some of you will even be able to join us in Zug for M-1 in February. In case you missed it, we are organising ourconference where we gather some of the leading experts and builders of on-chain financial applications for two days to learn from each other, show what we have been working on for the last year and meet like-minded individuals to grow together.Let's get started with our November news.Last month, we brought clarity to the remaining unanswered questions around the Melon token through the publication of the last piece of our Melonomics series: Melonomics III - Counting Melons . We decided to burn the 248 000 un-minted MLN tokens, which brings the total supply of all MLN tokens down to 1 002 000. Will there be more tokens issued in the future? Yes. We have decided to set our annual inflation rate at a fixed rate of 300 600 MLNs per year which will be disinflationary. In combination with our unique token model, the annual inflation serves the purpose of funding the continued maintenance, development and innovation on the protocol. If you want a refresher on the token model, I suggest a quick refresh of Melonomics II Another big topic for us last month was fees. If you are managing a portfolio for your investors, you ought to be compensated for your efforts. Though the Melon protocol already automates the majority of back office and administration processes through the contracts (and as a result drives down the costs to a bare minimum), the manager still needs to conduct research and make the final decision on which investment to make. Investors pay for this service in the form of management and performance fees. Melon does not re-invent this concept, we actually think this concept is quite efficient already. Melon funds do however reinvent how these fees are paid by the fund. Instead of using cash or liquidating positions to pay fees, the fund smart contract itself calculates and creates new shares, allocating them to the investment manager’s own account holdings within the fund. To understand the benefits of this approach, we strongly recommend a read of John's publication on the Melon fee model Next up. Have you come across Messari before? They just published the first cohort of their Disclosures Registry in November. An open source disclosures database which provides the community with open and transparent access to detailed information on crypto assets. And what happens if there is a cool new kid on the block(chain)? Melon wants in. Which is why we are part of the first wave of projects which took part in this great initiative to provide transparent information on our work to the community. Interested? Here you go Before we all get back to work, the entire Melon team would like to officially wish you and your families happy holidays and we hope that you have a wonderful start to the new year. We cannot wait to see the first Melon funds deployed on the main net next year.Thank you for your support, your feedback, testing our software and for giving us new ideas to explore daily. Melon would not be where it is today without the continued support from its community and we are very grateful for that.Take care and see you again in 2019! Melonomics III - Counting Melons

The Melon approach to Management and Performance Fees

Melonport is part of the first cohort of crypto companies providing open and transparent data to Messari's Disclosures Registry

Melon is now listed on DDEX Save the date! Updated website with full list of speakers coming soon... Mona El Isa giving a Masterclass at the Annual SME Summit in Graz, Austria. Check out the rebranding of our friends from ASH. They are building a retail-user friendly front-end for Melon which not only makes investing super easy, but also adds an element of fun and competition into it by gamifying the investment process. Hansen Wang discusses how regulation around crypto custody ought to change to accomodate for the needs that arise from investing in this new asset class at the Crypto Compare Conference in London. Upcoming Events:





We are working hard to get ready for M-1 on 07/08 February 2019.



If you would like to apply as a speaker or simply attend the conference, get in touch with us via team@melonport.com.















