

Dear Melonport Friends,



We hope all is well with you!



Summer has most definitely started in the northern hemisphere, and Zug is positively roasting! As we move into July, we have a host of exciting updates to share with our cherished community.



The developer team (lead by Reto) completed the first major release of the Melon Portal (v0.1.0) which has seen incredible interaction from the community so far. Over 220 Melon funds have been created in under a month! The developer team also released the first version of Oyente, a developer tool which can be used to formally verify smart contracts and discover bugs that could potentially impact on security. This will be exceptionally useful not only for Melon developers, but for anyone who wishes to build smart contracts on Ethereum-based technologies.



Whilst the developer team were busy with their releases, Mona and George presented to the Post-Trade Distributed Group at CME in London. PTDG is a group of nearly 40 large financial institutions and prominent market infrastructures players from all regions of the globe. They also pitched at the Zurich Insurance Innovation event as well as a collection of smaller events such as a Blockchain MBA session at Oxford University. The Melonport team also contributed content to a European Regulatory Initiative Report with Neufund.



Keep an eye out this July for blog posts detailing our thoughts on the design and implementation of Melon moving forward!



In June's edition: