The introduction of a new technology usually comes with lots of issues. Ranging from dissonance to the new tech, resistance and also a little bit of apparent lack of inference about the new tech. To the extent that confusion and sometimes, difficulty of use plagues the intended purpose of the invention.
Blockchain technology so far has not been immuned to what usually plagues every new technology at their inception. Overtime, real use case begins to surface, overall user experience and design takes a unique turn.
But the blockchain tech is not there yet. It is still relatively new, complicated and risky to lots of people.
In most instances of new inventions, institutions and enterprises help facilitate the process of onboarding the populace, widespread adoption is quickly reached through various channel of simplifying usage and access. Yet, this is not exactly happening in the blockchain space right now or at best the progress is rather too slow for a technology that has been around for more than ten years.
For what it’s worth, blockchain needs a playground that will make adoption and use to be seamless. A ground that is trusted enough to grant consumers and enterprises opportunity to test, build and experiment with the little resources at their disposal.
Introducing Morpheus Labs
A company founded in 2017 and designed as a platform to provide Blockchain sevices solutions to business enterprises whether large or small. What this means is, irrespective of the services a business wants to offer, there is a blockchain application that would be fitting. An enterprise can experiment, test and eventually deploy its services on a blockchain it wants. This, as a result helps budding enterprises overcome the traditional challenges of starting cost, time and resources.
The truth is many enterprises are beginning to see a viable future in the blockchain technology but not many sees it as an easy-to-use tech. Some of these enterprises give up even before they attempt to utilize it. Some utilize, but too overwhelming to grasp. And it’s actually owing to the sheer number of blockchain solutions that are out there today disguised as the next “tech disrupting the centralized world”.
Morpheus Labs takes all these complexities away. More so, challenges that comes with testing out a blockchain solution and switching between different ones are eliminated. With morepheus, never should a business worry about the financial implication of starting and which blockchain dapps to develop.
What’s more?…
Special Advantages
Understanding that morpheus labs brings a unique offering to the blockchain space by allowing developers, businesses and enterprises to effectively test out blockchain applications that will be fitting for its purpose. It is also pertinent to further explore the advantages Morpheus has over others.
Morpheus Labs prides itself as the only blockchain where clients can run multiple blockchain experiment until they get one that will suit them. There is also a custom- made alternative in the form of an ‘app library’ where clients can explore for a ready-made app.
Saving time and financial expenses cannot be over-emphasized with Morpheus Labs Blockchain Platform as a Service (Bpaas). As you would get a hands on help in setting up your ideal business on the blockchain without you having to break a bank for it.
Security and scalability of the platform is at top notch. This is because Morpheus Labs operate a cloud based support system. Basically, all your resources, irrespective of where you are can easily be assessed from the cloud.
What’s common with most services is an attribute of having fees hidden from their potential clients. That’s an unethical business behavior. Morpheus Labs has no hidden costs to their services and can as well boast of offering a viable product that is cost efficient. Little wonder their mantra is “Blockchain for inclusion’
Morpheus Labs Blockchain for Inclusion
True to their mantra, Morpheus labs tries to incorporate lots of programming language into the platform and also supports multiple blockchain. Those blockchains are Ethereum, Multichain, NEM, VeChain etc…
The platforms’ inclusion strategy has made them form partnerships with businesses in different industries including some fortune 200 companies which is still in the pipeline.
Recent announcements as regards partnerships can be read here
Morpheus Labs Tokenomics
An important part of a project that aims at being sustainable in the long run is its tokenomics. A detailed Morpheus Labs tokenomics that just came out gave a good idea of the utility behind the tokens (which is MITx). The MITx, USD and SGD will serve as a base currency for the activities on the platform. Whether you are purchasing a ready-made app from the app library or you are testing out a new blockchain, you will use the MITx token and these other currencies.
However, MITx is not solely used for paymet and settlement services only. The core of the token purpose is designed around access/work token model. Because, at the end of the day a tokenomic designed around real utility creates scarcity for the tokens and subsequently increases demand.
For further information on the token design. Read this latest release
Finally…
Morpheus Labs has got a lot of unique value and novel idea that can further improve the blockchain space and will enable common men see real utility in creating something of value in return.
Further information channel:
Morpheus Labs website: https://morpheuslabs.io/
Telegram Channel: https://t.me/morpheuslabs
Twitter: https://twitter.com/@morpheuslabs_io
Github: https://github.com/Morpheuslabs-io
Facebook profile: https://facebook.com/morpheuslabs.io
Medium Link: https://medium.com/@morpheuslabs_io
Linkedin Profile: https://www.linkedin.com/company/morpheuslabs-io
After reading through this article, I am convinced that the Morpheus Labs is worth whirling. Thank you
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