Morpheus Labs

Maxim Maximov
5 min readMar 6, 2019

PROBLEM
Blockchain is a relatively new technology, but it has already gained popularity all over the world. Initially, it appeared to serve Bitcoin cryptocurrency, but over time people realized that the prospects for using the blockchain are enormous. It can be used in almost any area, from cryptocurrency and research, to business and government institutions.

Blockchain allows you to move away from the familiar concept of a centralized system that is subject to various risks, such as fraud, instability against hacker attacks, and so on. Blockchain allows you to provide the highest degree of security, so it is not surprising that the demand for this technology will be necessary in all areas of human interaction. At the moment, dozens of projects are being created every month using the blockchain. Companies invest millions of dollars in the development and implementation of this technology in their services.

But in spite of all the prospects and breadth of using the blockchain, this technology is rather raw and the specialists who really possess all the necessary knowledge to create it are not so many. The same goes for the special environment for working on this. That is why many projects fail and innovative ideas of the creators very often cannot be embodied in a really created product, which will be in great demand. In this situation, not only creators suffer, but also investors who believe in the company’s product.

To solve this problem, the Morpheus Labs project was created https://morpheuslabs.io/. In fact, this is a unique laboratory that focuses on helping to create blockchain solutions. This will allow companies not to spend a lot of time and money to create their own decentralized platforms, and they can safely move from the stage of a cool idea to creating a full-fledged product. A short video about the service Morpheus Labs: https://www.youtube.com/watch?v=hLhpZ99LO-Y

PRODUCT
Morpheus Labs is a blockchain platform as a service (BPaaS) with a market for ready-made applications. The platform provides an opportunity for companies or individuals to create the necessary blockchain solution at a low price and in the shortest possible time, and there is an opportunity for various changes for specific customer needs, followed by testing and various experiments. The platform provides a wide range of different programming languages. It is also possible to switch from one blockchain to another, the network to quickly adapt to the needs of the market. Detailed technical documentation can be found at https://docs.morpheuslabs.io

Advantages and disadvantages of the project:
➥ Ready solution
Already executed development, which is ready to be used for the real sector in everyday life, you need only a successful launch.

➥ Transparency
The project team prepared simple and affordable tools for working and testing new projects based on blockchain technology.

➥ Quality guarantee
The project began earlier to create the SGInnovate team, staffed by the most talented specialists with extensive experience in developing and implementing complex projects, this section will have a separate item below, because its strength is impressive.

Scalability and security code
All products of developers are in the cloud, which allows users to change, save and transmit all information in a safe and secure state.

➥ Economic efficiency The team focused on the quality of the project’s products and services.
They are focused on providing the greatest benefit to customers, without any hidden costs.

Platform Disadvantages:

➥ The implementation time, although the team is strong, they do not spend much money on marketing, on the one hand this is a plus, more stability of the token, but unfortunately it slows down the fees.

➥ Evolution of a cryptomir

It often happens that ingenious ideas do not take root immediately, at the first stage they are rejected because they are not able to understand them at this stage of progress, I sincerely hope that this will not happen with this powerful platform, but still this is one of the smaller minuses.

TOKEN
The project Morpheus Labs has its own cryptocurrency. Its name is MiTx (Morpheus Infrastructure Token). All operations within the platform are paid by this particular token. MiTx is used as:

Payment for subscription, payment for services;
Payment for the use of various applications;
Licensing fees;
Exchange and trade tokens.
Later, it will be possible for holders of tokens to sell them on cryptocurrency exchanges. The maximum number of issued tokens is 1,000,000,000. All tokens will be distributed as follows:

30% for ecosystem and community support;
25% for sale to investors;
20% for reservation;
15% for a strategic and research fund;
10% for the team.

ICO
Tokens are available to investors during an ICO. For 1 ETH you can buy 8000 MiTx tokens. Tokens are sold in several stages, during which various bonuses are provided:

Private sale. Bonus — 50%. This stage has been successfully closed.
Early birds. Bonus — 35%. Period: February 24 — March 9.
Pre-sale. Bonus — 20%. Period: March 10 — March 23.
Public sale. Period: March 24 — April 15.

The maximum amount for fees: 25 million US dollars. All funds raised will be distributed as follows:

35% — for the development of the platform;
30% — on the needs of PR and marketing;
20% — for the development of the system and further research;
10% — legal needs. — April 15th.

PROJECT ROAD MAP
The roadmap of the project is divided into the technical part and the business part.

technical part
business part.

TEAM AND ADVISERS
All participants of the Morpheus Labs project are experienced professionals in their field. More information about them can be on the website: https://morpheuslabs.io

Mentioned
Partners & Clients

WEBSITEhttps://morpheuslabs.io/
Technical documentationhttps://docs.morpheuslabs.io
TWITTER https://twitter.com/morpheuslabs_io
FACEBOOKhttps://www.facebook.com/morpheuslabs.io
TELEGRAMhttps://t.me/morpheuslabs
GITHUB https://github.com/Morpheuslabs-io

My account BTT:https://bitcointalk.org/index.php?action=profile;u=1297889

My ETH Adress: 0x8B2180c8EeBb9edFCc1F532AB8Efe51EBa6b5253

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