ThoreCoin vs Melon vs Crypto20
What problem does this service solve?
|ThoreCoin enables users to diversify their cryptocurrency investments with one token.||Melon's open-source, asset management platform will make investing in digital asset funds cheaper and more transparent.||Crypto20 is a crypto index fund composed of the twenty largest cryptocurrencies, by market capitalization. Each Crytpo20 token represents a share of the total fund.|
ThoreCoin is developing a cryptocurrency index fund. It will be composed of several highly traded digital currencies and will enable investors to diversify their holdings with one crytpocurrency. The network is powered by the Ethereum-based THR token.
Melonport is developing a blockchain-based asset management platform that will enable anyone to set up and manage digital asset funds. Melonport's asset management service will be a front end only application that will not collect data. It will allow users to manage crypto asset funds powered by Ethereum smart contracts. Their network is powered by the MLN token.
Crypto20 is a tokenized cryptocurrency index fund. It allows investors to diversify their crytpo holdings by owning a single token. Crypto20 is an automated fund with lower fees than actively managed funds, and allows investors to minimize the effects of market volatility by owning shares of 20 different cryptocurrencies. Each token represents the investor's share of the overall fund and is linked to 20 different top tokens.