Morpheus Labs - Blockchain Service Solution for Enterprise

Introduction

Morpheus Labs (MITx) is a project from Singapore, which already launched their token almost one year ago during a token sale where they raised nearly 10 Million $USD. Since then they continuously worked on their project and it is possible to get updates by viewing the Interviews of CEO PeiHan Chaung & COO Branson Lee with Brad Laurie.

Morpheus Labs is targeting on Blockchain Service Solution for Enterprise and therefore working on including the Distributed Ledger Technology into the business world and making businesses adopt the blockchain technology. To support this goal they offer a platform which will enable organizations to design their own distributed ledgers and operate them with low upfront costs. This will be achieved because the enterprises will have the opportunity to test different blockchain architectures all in one platform and save a lot of time and effort for switching from one system to another in case they are not satisfied with their results on a certain blockchain protocol. Also will they have the opportunity to use pre-deployed Apps in a dApp Library on the Morpheus Labs platform which is cost-saving as well since it allows to create a safe environment of tested applications in short time.

Partnerships

Morpheus partnered up with a lot of known blockchain projects such as VeChain, Nuls, NEM, Neurochain and QuarkChain. In these partnerships the goal of Morpheus Labs is to act as a gateway between enterprise users and enabling these enterprise users to use different blockchain infrastructures which have their own strenghts such as QuarkChain in aspects of sharding. Also the common blockchain infrastructures of Hyperledger and Ethereum will be supported. More partnerships can be found on their website and it is expected to grow by time.

Token Summary:

• Project Name: Morpheus Labs
• Token symbol: MITx (ERC20 Token)
• Circulating Supply: 205.577.285 MITX
• Total Supply: 799.999.997 MITX

The Token itself is a utility token and is used within the Morpheus Labs Network for the fees such as licensing fees, the products and any kind of services. Therefore, the value of the token is expected to increase the more companies use the platform and the services of Morpheus Labs.

Further Information

If you want to get more information about Morpheus Labs check out the links below. I recommend you to join their Telegram for getting the newest updates on the project. But also their Twitter is a good address for staying updated. Moreover, I would like to highlight that Morpheus Labs is one of the few projects which keeps their website quite up to date and is also including their news and announcements on the bottom of their site. Feel free to ask me questions in the comments below.

Website: https://morpheuslabs.io
Telegram: https://t.me/morpheuslabs
Twitter: https://twitter.com/morpheuslabs_io