Meson Network (MSN)

Meson Network is a decentralized marketplace and physical infrastructure network for computing power and storage providers. The network currently has a capacity of only 17.5 Tb/s and includes over 114,000 active computing resources providers (nodes). 

It is primarily focused on democratizing access to computing resources and disrupting the monopoly held by giant computing power providers. Meson Network offers a decentralized and democratized way to access computing resources, significantly decreasing the cost of network usage, all underpinned by blockchain technology.

As a decentralized marketplace, Meson Network mostly relies on small and mid-sized nodes, which get rewarded for contributing to the network. Anyone utilizing this computing power pays fees for network usage in the $MSN tokens, which are later redistributed to the computing power providers.

The $MSN token is the native token of the network, used for paying fees for platform usage, rewarding node runners and participating in DAO community votings.  

Recently Meson Network announced its token sale on CoinList, allocating 5% of its token supply. Analyzing this information, the CoinLaunch team found a few pros and cons you might want to consider before investing in the Meson Network: 

Meson Network’s Pros: 

• One of the biggest DePin projects with over 114K of active nodes;
• Has a low initial market cap of $3.2M, which is only 1.8% of the Total Supply; 

Meson Network’s Cons:

• High initial market cap compared to the Fully distributed value (FDV) compared to competitors; 
• A small TGE Unlock for the Public Round;
• Weak PR & Influencer Marketing  Performance; 
• Almost no track record of the team’ experience;
• Lack of security audits and partnerships with top tier auditors;
• Quite high token inflation rate (5%) in the first few years after TGE.