Morpheus Labs

Morpheus Labs

MITX
$0.007987691%58.65

Key Metrics

Price$0.007987691
Real Volume (24H)$0
Marketcap$4,153,102.73
Fully Diluted ValuationN/A
ATH$0.198979
ATH Date4/2/2021, 12:52:15 PM
ATL$0.00198819
ATL Date3/17/2020, 4:02:25 PM
Circulating Supply434M
Total Supply734M
WebsiteN/A
WhitepaperN/A
Popularity Rank1696
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What is Morpheus Labs?

Morpheus Labs (MITX) is a blockchain-platform-as-a-service (BPaaS) that aims to simplify the complex learning environment of blockchain technology. The platform provides developers with essential tools, multiple blockchain protocols, infrastructure, and blockchain use case references. With these resources, developers can quickly build, test, and manage their blockchain applications at minimal cost and time, making it more accessible to individuals and companies alike.

The expert team of professionals at Morpheus Labs seeks to address the significant hurdles of blockchain technology by providing a streamlined platform that is simple to understand and use. By doing so, they are lowering the entrance barrier for blockchain adoption and providing equal opportunities to everyone.

Morpheus Labs' key product is the SEED platform, which offers multiple innate solutions that help users to design and deploy decentralized applications (Dapps). These solutions include integrated development tools, relevant reference applications, and more.

The MITX token powers the Morpheus Labs platform and can be used to avail oneself of platform services. Additionally, it can be used as a discount token for application publishers and application users on the platform. Application publishers need to hold the token as a security deposit and are incentivized to hold the tokens and become eligible for discounts. Likewise, application users can also receive incentives by holding MITX tokens while downloading applications.

Morpheus Labs was founded in September 2016 by a group of friends who completed their MIT Blockchain Program. They wanted to promote the adoption of blockchain technology by making it easier to learn and use. The leadership team of Morpheus Labs includes Chuang Pei-Han (CEO), Dorel D. Burcea (CIO), Bruce Lu Yang (CTO), Dr. Rex Yeap (senior advisor), and others.

In summary, Morpheus Labs provides a comprehensive BPaaS platform that simplifies blockchain technology for developers and end-users alike. The SEED platform offers multiple solutions that help users to design and deploy Dapps, while the MITX token powers the platform and provides incentives for application publishers and users.

Disclaimer

The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

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