Blockchain and digitalization is taking over the world
Technology and the development of it have exploded throughout the latest decade, everyone connects to the internet and uses digitalized solutions on a daily basis. Being up to date with the latest and most innovative technology is a most for any company who wants to survive in their respective field, as customers always choose the easiest and most convenient product/service. Because of this, companies have to constantly update their applications, digital content, and infrastructure but this isn’t cheap. Hiring a software developer is no easy task, they are first of all in very high demand and the supply is limited, secondly, software developers are some of the highest paid employees across the world, and the salary you have to pay is competing against salaries from giants such as Apple, Google, Facebook & Amazon. Paying a third party to code for you isn’t cheap either, so a company with limited funds faces hurdles when trying to create a new application or updating their infrastructure. This is exactly what Morpheus Labs is aiming to change, they are creating a platform on which users can test blockchain solutions for their needs with breaking the bank. A wide range of pre-built apps can be copied and modified exactly to desire. Users can experiment with a range of different technologies and test their ideas until they find what they need for their work.
The business model and MITx token
As previously mentioned, the Morpheus Labs platform is designed to not break the bank for individuals looking to expand and digitalize their operations. Users of the Morpheus Labs platform will be paying a monthly fee to utilize the platform’s services. For people who want to try it out, a free months membership is available. This membership and all the services/products on the Morpheus Labs platform can be paid for with their own ERC20 token, the Morpheus Infrastructure Token (MITx). It’s always important for an ICO to have a huge industry to tackle, and preferably one that is also growing. Luckily, technology and the application of it is not expected to go away anytime soon, it is actually expected to keep on rising, especially as more and more people around the world get access to smart devices and the internet.
To fund their project, Morpheus Labs is raising funds through an initial coin offering (ICO), selling their ERC20 token MITx. This token is going to be an essential part of the Morpheus Labs platform as it is used to pay for services, subscriptions, and products.
The token sale started the 24h of March
The token sale ends the 15th of April
8000 MITx = 1 ETH (Bonuses apply to different phases)
- Total amount of tokens issued is 1,000,000,000 MITx
- A maximum of 250,000,000 MITx will be for sale during the ICO
- Hard cap is 25,000,000 US dollars
To learn more about the team and their advisors, visit the official website at: https://token.morpheuslabs.io/ or read their whitepaper here: https://token.morpheuslabs.io/assets/documents/WhitePaper.pdf
If you find this project interesting and wish to learn more about it or their token sale, you can visit the following links below and read their whitepaper. To keep yourself up to date on the project, you can follow their social media accounts also linked below.
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