Would be interesting to see if Iconomi Performance fund invests in Melonport.
Melonport is a future competitor of Iconomi. It would only have OFM which Iconomi is also supposed to have
No way they're gonna invest there, few reasons imo:
1. ICO structure is bad, not to say scummy
2. Time to market is extremely long - 2 years of development
3. Product - first, it will support only ethereum based tokens. Also it will have both centralized and decentralized aspects - which in my opinion increases the chance of hack and/or abuse
4. Team
5. Why would they invest in a company that aims to do part of what they will do? Iconomi can do it better and faster
Hey Daparski, I haven't completed my Melon project research, and for sure there are a couple of issues that concern me (i.e. a) decentralizing, is it too early for this or perhaps overly complicated - issues with security b) the inflationary model, need to run some numbers, but something doesn't jibe here c) the time frame, which you already addressed)....but let's say for argument's sake that the project were to address some of these issues, tweak the model and suddenly it looks really attractive. If that were to happen and Iconomi does their vetting and makes an investment, I would see this as a positive thing.
First of all competition helps validate this particular segment of the crypto space. Investment from Iconomi gives them an opportunity to hedge a bit in case Melon really takes off or is able to complement the market by offering something different...then Iconomi benefits. In my view, this doesn't have to be a "there can be only one" scenario. Competition is healthy and my hope is that this Melon team gives it a legitimate go. That doesn't make me anti-Iconomi. It makes me pro-crypto fund segment.
Peace, Absconds...
looks that i want wait more for that stuff.
