Menlo One is an open source set of tools and protocols that allow developers to build systems for marketplaces that support the emerging token economy. Our systems leverage the Ethereum Network, IPFS and other technologies to offer communication, social, and automation capabilities that were previously unavailable on a decentralized network. Menlo One is the world's most powerful framework for building decentralized applications with the speed of a traditional web app.
Menlo One decentralized database and Proof-of-Reputation incentive system is the infrastructure that enables the Web 3.0 generation of marketplaces, social media platforms.
Menlo One framework is being used to develop the only token sale marketplace with security, messaging & governance for making the Token Economy mainstream.
Menlo One will provide people investing in ICOs with a new level of insight into the quality of the project by leveraging feedback from the crowd. It will also make the purchase process of an ICO as simpls.
Because Menlo One greatly reduces the cost of reaching interested investors, blockchain entrepreneurs can look forward to the cost of launching an ICO to drop from the millions to (hopefully) something everyone can afford.
There Are Three Key Technologies Proposed by Menlo One:
1- A desktop native app which runs an Ethereum node and can automate pre-approved transactions.
2- A Proof-of-Reputation algorithm which leverages a Token-Curated Registry design pattern to incentivize virtuous contributions and promote network growth.
3- A decentralized database which caches data from decentralized networks to provide users the speed and experience of a traditional webapp, without compromising the security guarantees of a distributed blockchain.
Menlo Token: Menlo Token (MET) is an open source ERC20 compatible token on the Ethereum public blockchain. The ERC20 design enables users to freely transfer MET between one another without authority from an intermediary.
Proof-of-Reputation algorithm (PoR) is a token-curated reputation score (REP), granted by smart contracts which take signals from events in the ecosystem. This score is used to weigh how much a user stands to make from an impression or other monetizable event, with the payout of a fungible token like MET, being relative to the amount of non-fungible REP a user holds.
Token-Curated Registries (TCR) are an emerging crypto-economic design pattern in which participants have stake-based incentives to curate lists. In Menlo One TCR's are used in many parts of the ecosystem to incentivize users for positive, value-add contributions. Menlo Tokens into a Listing Contract on Ethereum. The contract is included in the Menlo App.
Menlo TownHall is a protocol to facilitate a decentralized, token incentivized communication system. This system is built with a matrix of smart contracts and rewards participants who provide high value information to an online conversation or discussion in MET. Each participant contributes MET to the system. The community then signals which messages have the highest value or are most relevant. Those who have the highest value contribution are rewarded with a
MET payout from the system. MET is used by the ecosystem for posting, voting, and rewards.
Like all of Menlo One's products, TownHall is available as an autonomous development framework, in addition to its integration with the Menlo One ecosystem. TownHall 1.0 was completed and released in April 2018 and is available at: https://github.com/MenloOne/townhall . A demo of the framework with examples on the Ethereum Ropsten testnet are expected to be live by May, 2018.
Quality Signaling Use to Filter Search Results Scores are used to provide users with quality signals with which they can filter. For instance users can set a default filter to only show token sales that "Blockchain Devs Guild" gave an 85% or higher. Each Guild can set a threshold for what they consider "passing", each Guild then will hold a TCR of Projects which are on their "pass" list.
Flagging for Fraud and Scams
There will be some lists with which vote criteria such as the "team making false claims", or "team previously convicted of fraud". If a project feels they do not deserve to be on such a list,©Menlo One 16
they can stake MET to be removed. The actors in the Guild authoring that specific list can then challenge that Guild. If they vote to keep that Project on the list, that Project loses the MET they staked for the vote.
Menlo Wallet: The heart of the transaction layer is an integrated wallet designed to improve the user experience of buying tokens. The wallet has an integrated API which allows for automated transactions using our Early Bird Protocol, and supports transactions across multiple networks.
Menlo Core - The Data Layer: Blockchain protocols have enabled new ways of storing, distributing, and verifying data in decentralized, trustless environments. But blockchains are by definition immutable, which has presented a design challenge to anyone interested in leveraging their security guarantees to build a modern web app.
InterPlanetary File System (IPFS) which is a protocol designed to create a permanent and decentralized method of storing and sharing files, for data storage, but cached on an array of user operated nodes for to perform tasks like querying without burdening the end user. All data on Menlo One is stored on IPFS, with a hash of that data stored on Ethereum. In order to serve data to users with the same speed and experience of a traditional web app. Upon creating a profile on Menlo One, the profile data is stored on IPFS, the Project's Menlo Wallet deployed an included Granter smart contract to Ethereum which contains the content addressable hash of the IPFS hosted Profile.
Menlo Client App: This is a native desktop app which runs on the users machine. It includes the JavaScript interface app which is bundled inside Electron. It has several responsibilities. Menlo Node App: The Menlo Node App is a Node.js app with a RESTful API serving JSON.The Content Node scrapes app data from IPFS and stores it in a local database so a User can quickly access it.
Token MET
PreICO Price 1 MET = 0.000083 ETH
Price 1 MET = 0.000083 ETH
Pre-sale Time: 26 June 2018 - 03 July 2018
ICO Time: 16 July 2018 - 20 Aug 2018
Accepting: ETH
Soft cap: 1,000,000 USD
Hard cap: 15,000,000 USD
Bonuses: Private sale (40%, 50%) and Public sale (Up to 30%)
MVP/Prototype Available
Platform Ethereum
Accepting ETH
Country USA
Whitelist/KYC KYC & Whitelist
Restricted areas China
Web: https://www.menlo.one/?utm_source=trackico
Whitepaper: https://menloone.docsend.com/view/uu6vcy9
More Review:
https://icobench.com/ico/menlo-one
https://icomarks.com/ico/menlo-one
https://www.trackico.io/ico/menlo-one/
"This article was created in exchange for a potential token reward through Bounty0x"
