Morpheus Labs - Blockchain Based Application Service Provider To Support Your Business

Morpheus Labs - Blockchain Based Application Service Provider To Support Your Business

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General information about the project

Morpheus Labs provides a complete set of block-based services designed to support business. The client gets the opportunity to experiment simply and relatively cheaply, to build working blockchain solutions from ready-made tools.

Platform: Ethereum ERC20

Symbol: MITx (Morpheus Infrastructure Token version x)

Country: Singapore

Pre sale: 24.02.2018–09.03.2018–35% bonus

Pre ico: 10.03.2018–23.03.2018–20% bonus

ICO: 24.03.2018–15.04.2018–0% bonus

Token price: 1 ETH = 8,000 MITx

Soft cap: system “first come — first serve”,

Hard cap: $25 000 000

Accepted currencies: ETH

Product and business

Morpheus Labs is a blockchain platform for creating DAPs for transferring various processes to the blockchain system.

It creates a community of developers and a platform for experiments with various types of blockchain.

A constantly updated library of ready-made solutions will be available, which will make it easier to develop.

Main advantages :

  • Rapid creation and validation of applied decentralized applications.
  • Simple scaling.
  • Reducing the cost of creating and implementing.
  • The ability to test existing blockchains (Ethereum and etc.) on the platform.

Token

The Token serves as a means of exchange on the platform. There are no security elements.

There are the following basic forms of using tokens that will stimulate demand for it, which in will lead to an increase in the price:

  • Payment for different access levels
  • Payment for the use of various applications
  • License fee and use of platform resources
  • The swap token between applications of the network
  • Bidding on exchanges.

A total of 1 Billion MITx will be minted. 250 million MITx will be issued to the public in this Token Generation Event. The release of the 250 million MITx is to generate sufficient funding for us and to hold us accountable for the funds. The remaining MITx will be used for business expansions and will only be released for sales according to the product roadmap. All proceeds generated from these events will be used only for product and business development.


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All income received from the exchange of tokens will be used exclusively for business development. The allocated funds will be used to ensure maximum efficiency in order to develop the platform.


Roadmap

  • Jan 2018 - MVP with user interface (UI) and technology enhancements based on feedback from usage of Version Alpha.

  • Apr 2018 - Enhancements of DevOps tooling to support co-working and group development. We will enable microservice–based blockchain application development and allow exposure of the application services as APIs. Multichain is supported in this phase.

  • Q3 2018 - Enable users to manage their monthly usage of the platform, hence permitting the commercialisation of our service.

  • Q4 2018 - Building a new set of capabilities to empower and encourage our users to try different blockchains and find the most suitable for their product by evaluating different features of different blockchains using our platform.

  • 2019 - Interoperability Between Blockchains

Competitors

There are several companies (for example, Unibright), which work in a similar field. Of the existing global giants like Oracle or Google, no one builds work on public blockbusters. And Unibright differ from their colleagues, for example, by the fact that they work only with the ERC20 token standard, and Morpheus Labs does not have such restrictions.

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Project team

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Advisers

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Summary

On average, the ICO statistics market for blockchain platforms shows the largest growth rates. The average market capitalization for such companies is $ 200 million.

Blockchain technologies are at an early stage of development. The project offers a simple and convenient way to test blocking on existing businesses and integrate technology. If the team manages to provide a convenient, high-quality product for real business, it will potentially accelerate the process of integrating technology into the real sector and attract a lot of money.


FOR MORE INFORMATION VISIT;

Website : https://token.morpheuslabs.io/

Whitepapper : https://token.morpheuslabs.io/assets/documents/WhitePaper.pdf

Facebook: https://www.facebook.com/morpheusblockchain

Twitter: https://twitter.com/morpheus_labs_

Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1409779

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