**Introduction:**
'What good is an idea if it remains an idea? Try. Experiment. Iterate. Fail. Try again. Change the world.'~Simon Sinch
We all today are a witness to the greatest disruption technology that has turned the tables in the digital financial sector - the blockchain or distributed ledger technology. Santosi Nakamoto maybe a pseudonym for an unknown but what he did make known was an unconventional transactional technology that can be termed no less than an industrial revolution in itself. Blockchain technology is the main infrastructure behind the cryptocurrencies.
One or more times we would have come across the term BITCOIN and the 1100%- an almost incredible rise in its price; crashing the headlines of newspapers. Skeptical governments waking up to its volatility while risk takers writing their rags to riches tales wound up around the cryptocurrency.
Investors have realised the potential of blockchain which has ushered in an era of ICOs or initial coin offerings. From the vagabond days of speculation, blockchain and cryptocurrencies have come a long way to crowd fund new start-ups and innovative platforms that range from banking, healthcare, insurance, cloud storage, real estate and supply chain managements. Innovation is taking two things that already exist and putting them together in a new way.
Start-ups as they are called are a result of absurd ideas that proclaim themselves into successful ventures like Alibaba, Uber, Lenskart, etc. Thousands of start-ups are initiated each year with almost 99% of them dying before they reach the inception stage due to the lack of appropriate funding or research and technical knowhow. The smaller counterparts are hardly able to match the exposure the bigger chicks with heavy pockets so easily reclaim.
Blockchain has made the provision of finances within reach for these next generation disruptors but fails to provide the test drives or the lab experiments required to further their credibility and profitability.
**All about Morpheus Lab:** **(** [https://morpheus.network/](https://morpheus.network/)**)**
**Morpheus labs** is the outcome of the inspiration that firstly, blockchain will change the way we conduct and manage our business. And secondly, the provision of a society based on inclusion where everyone and anyone can access the technologies in a cost effective manner.
With innovation and inclusion as its guiding forces, **Morpheus labs** aims to provide the participants like corporates, banks, financial institutions and government entities easy access to a platform that will help them to develop, test and manage different blockchain applications by using various blockchain protocols such as ethereum, multichain, ripple etc supported by the platform.
The firms can use the various services offered to achieve rapid prototyping, cost efficiency and reduced risks of failure.
Let's take the example of a new model of a car that is soon going to be launched in the market. Before the model touches the road even for a test drive, there are innumerable tests conducted to check the durability of the body, the efficiency of the engine, the incline of the tyres, friction of the cylinders, brakes, suspension and above all the feasibility of the line of operations and their economic viability.
The biggies enjoying the chunk share in the market can afford time, management and finances involved in research and development that is the starting point of any new venture. But smaller firms backed by proof of concept ideas and all unawares about the nuances involved in evaluation and adoption of a particular breed of blockchain to suit their needs, lose their grounds at the inception stage itself. Morpheus labs, in simple terms, provide lab like conditions for testing and experimentation.
**What Morpheus helps with??**
It deals with four major issues:
- Companies have difficulty in choosing the appropriate blockchain technology.
- Difficulty in choosing the use cases appropriate to a particular industry and the subsequent return on investment.
- Bringing together blockchain nodes, cloud development environment and Github is an expensive and time consuming exercise for individual enterprises.
- The scratch to form exercise of building of an application involves huge development costs.
The platform provides an overwhelming solution through the four pillar value guide:
- The companies can experiment with different types of blockchain technology and environment on a single platform. Thus saving switching time and costs.
- Obtain the new ideas and tools from experts via crowdsourcing and curate them as per the requirements in the shortest possible time.
- The platform provides for scalable, secure and robust services that ensure rapid prototyping and easy production deployment.
- The ready to use blockchain application already included in the platform can be used to quickly build and validate blockchain use cases. This creates a fast and fail safe environment.
Morpheus labs blockchain platform as a service (BPaas) offers several competitive advantages while it handles the major workload and lets one focus on building and experimenting blockchain technologies.
The founder has been accepted into SGInnovate, Singapore Government's hand-picked startups. The team is staffed by the most skilled engineers and award winning team.
It is accessible, cost effective turnkey solution.
**Morpheus Infrastructure token version x (MITx):**
MITx will be an ERC20 compliant token that will be used for all services and products provided within the platform. The services are: Platform subscription payment, Application usage fee and Distributorship licensing fee.
It will also include token swapping among apps within the network and its trading on cryptocurrency exchange.
A total of 1 Billion MITx will be minted.
250 million MITx (hard cap) issued to the public in this Token Generation Event (TGE).
The value will be 8000 MITx equals to 1 ETH.
The 35% bonus stage was completed from 24th February to 9th March 2018.
The presale additional bonus (20%) stage was completed from 10th March to 23rd March 2018.
The official sales will be conducted from 24th March 2018 to 24th April 2018.
**Concluding Remarks:**
The Morpheus labs is a path breaking initiative to provide for digital infrastructure to map the growth and tap the potential of blockchain technologies and startups.
It is a technological revolution and investors like government innovation departments, educational institutes,global tech giants are highly interested in collaborating and sharing in its further growth and success.
To the users they guarantee best UI and experience through prototyping and validating their projects on pre deployed conditions. Thus enabling a safe, secure and cost effective environment.
Morpheus labs provides a conducive environment with all the resources at the disposal. They are the roadmap designed to develop and build the blockchain economy. They are the best way to predict the future for they create it!
**More Details On:**
**Visit Website:** [https://morpheus.network/](https://morpheus.network/)
**Published By:** Lanirm Knayam
**Btalk profile:** [**https://bitcointalk.org/index.php?action=profile;u=1308391**](https://bitcointalk.org/index.php?action=profile;u=1308391)
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