Total overall score 47
Providing DeFi Loans so that you can unlock the value of your crypto assets without selling them. Will allow users to provide and take loans.
Strong product overview bringing a lot of value to the cryptocurrency ecosystem.
Large online presence with almost 40k Twitter followers, a lot of activity and an Initial Stake Pool Offering on their stake pools which now has over 615,000,000 ADA delegated to them. (100,000) ADA per day in exchange for Meld tokens which will be used on their platform.
No current visible development but a huge amount of partnerships with other ecosystems, blockchains and banks.
No visible development code can be seen on any of the GitHub repos but there is a level of technical knowledge from their lead developer Hai Nguyen Quang who is on multiple other Blockchain-related projects such as synthetic assets with https://indigoprotocol.io/
The token is highly desirable at the moment but isn't yet in circulation or distributed. It can't be purchased on an exchange.
They have a large network effect has been on many interviews and being talked about constantly on social media.
Watch the interview with Ken Olling, Chairmain of Meld Labs
You can read about the evaluation framework in podcast 30.
