![Screen-Shot-2018-01-30-at-00.43.36.png](https://steemitimages.com/DQmeA4zJSGpWAmVcnnQwzeVBe4kmwuFq56yD2o4Nx5xD7g8/Screen-Shot-2018-01-30-at-00.43.36.png)
The popularity of Blockchain technology is growing every day, and the desire of various companies and financial organizations to use it in their work too. However, the implementation requires a huge amount of time and money. Furthermore, not every company owner knows which of the Blockchain-technologies is suitable for the work of his organization as well as in what sphere this technology can be used.
The project Morpheus Labs, created by Singaporean developers, will help novice businessmen and business owners to find answers to all these questions.

## An Objective of the Project:
The developers of this project intend to create a BPaaS platform, which will allow all the companies and financial institutions to get the environment for the most rapid creation of the projects based on Blockchain technology. It will also provide ready-made applications that can be used in a particular field. This project is suitable both for people who only want to create their own business based on this technology, as well as for people who want to expand it to an international scale.

## The Principle of Work:
To create your own Blockchain application for expansion of your business or start-up, you need to contact the Morpheus Labs platform for help. The consumer will be able to:
1.    Fully appreciate the work of Blockchain of a particular network.
2.   Seek assistance from highly qualified specialists who are able to create an application in the shortest possible time.
3.  Assess the level of scalability of your project. Use a ready-made application. 

## ICO Details:
![DQme3cdEAu1qhFy9T8CXHN4PzFun3z2DhvUQkYfPbo61o9w_1680x8400.jpg](https://steemitimages.com/DQmcianrCpeMLqksUGosQEBU2GKnQ7o9jmTAtbQvgkTDNEx/DQme3cdEAu1qhFy9T8CXHN4PzFun3z2DhvUQkYfPbo61o9w_1680x8400.jpg)
ICO of this project was launched on February 24, 2018. During the period of early sales, which lasted from February 24 to March 9, the investors received a bonus of 35 percent when purchasing MiT coins. During the preliminary sale, from 10th to 23rd of March, the bonus amount will be 20 percent. The official start of sales will begin on March 24th to April 15th. The main purpose of the ICO is to collect 25 million dollars. However, this project has already collected $ 30 million on February 24.
MiT Tokens will act as a means of exchange on the platform. It can be used as a payment for obtaining a certain level of access, implementation of applications, and use of platform resources.
The total amount of tokens produced will be 1 billion. 250 million coins will be sold during the ICO. The cost of 1 MiT is 0.000125 ETH.

## Conclusion:
This project will allow the existing companies and novice businessmen to expand their business through the use of Blockchain technology while minimizing the finance costs and time. 
Despite the fact that the project was created relatively recently, it is very promising and can take one of the leading positions in the world of the crypto industry. There are several reasons for such a conclusion:
 1.    The hard cap was achieved at the start of the ICO.
 2.   The project is supported by the Government of Singapore.
 3.   The development team consists of professionals in their field.

The site and all the documentation can be found at the links below:
[Site](https://token.morpheuslabs.io/) | [Whitepaper](https://token.morpheuslabs.io/assets/documents/WhitePaper.pdf) | [Telegram](https://t.me/morpheuslabs)

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