We are pleased to announce our next AMA on January 13th 2021 at 11:00 AM UTC Time: Satoshi Club x Morpheus Labs
⚠️Click to see the hour
⚠️Total Reward pool: $600
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Morpheus Labs Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions. 6 Questions will be selected from our website – please submit your questions in the comments section of this post.
Part 2: 100$/10 users – Open chat for 100 seconds. You can post Max 3 questions. Morpheus Labs Team will select 10 questions and answer them.
Part 3: 400$ – A quiz about Morpheus Labs
For more details:
Morpheus Labs – @morpheuslabs
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
How much do I have to pay to use the services of Morpheus Labs SEED? Is there a way to get it free?
From your whitepaper, I have found that most projects will be in trouble because of the huge cost to develop. And you offer a solution to that problem. Can you tell us how you came up with ideas for solving the problem? How efficient is your solution at reducing costs?
You make it easy for projects that want to enter the blockchain. You are offering solutions to the problems that exist on the blockchain today. I want to know what do you think about blockchain? Why do you prefer to make blockchain project services? Why don’t you create your own blockchain project?
Do you agree with me that community is everything? How important is the community to you? And how can we collaborate or help you for the development of the project?
Morpheus Labs are the “only low-code end-to-end platform for both developers and enterprise clients to build and deploy blockchain-based solutions”
Can you please Explain this one Unique feature and Advantage of Morpheus Labs?
As the world is embracing Web3.0
How will Morpheus Labs assure or make to sure to be the best project when it comes to facilitating DApp development?
“A successful token economy revolves around the correct design of incentives to ensure the use of the native token is desirable by all ecosystem stakeholders”
now
Can you explain the Design of your token MITX?
question:
Honestly, with Morpheus Labs’ Blockchain Solutions and Strategic Partnership from other Projects,I can see that you are already sustainable.SO, Why the need of a token of your own?
question:
With Morpheus Labs being a Blockchain-Platform-As-A-Service (BPaaS), What type/s of Blockchain Projects will benefit with
your Blockchain Solution/Services that you are offering?
Morpheus Labs as a Blockchain Platform as a Service (BPaaS) provides various blockchain agnostic services and help in bridging the gap between blockchain and real world. However, I read recently that you working to announce partnership with some cloud service provider such as Amazon Web Service and Huawei. It’s like you intend to also go into multi-cloud computing? What is the status of these partnerships and are there some more partners to expect? In addition, How do you intend to leverage cloud services to provide cloud and blockchain solutions for your platform users and various business needs? Will you be hosting your own cloud infrastructure or you will only be an intermediary channel?
In 2019 and 2020, Morpheus Labs was featured by the Singapore Government as an Enterprise blockchain solution provider. What is the role of the government of Singapore in the Morpheus Labs project? Why has most of your blockchain solutions focus mostly on the Asia Market especially in Singapore and Malaysia? Do you have further plans to spread into the global market and take your blockchain solutions to a wider reach of global community?
I discovered that the Morpheus Labs project is also described as the Morpheus SEED platform and these two nomenclature are used interchangeably on your platform. What is the meaning of this SEED, it’s relevance or function? I have also heard of another blockchain project called Morpheus game. Is it a branch of your project or are you two connected in any way ?
What are your plans for increasing the $mitx value? I saw you implement a burning mechanism, but I don’t think this has a significant impact on the price. Are there any plans to increase the $mitx trading volume?
How about SEC rules? Does MITX comply with SEC rules regarding being classified as security?
Energy markets involve complex procedures that require third party intermediaries such as brokers, dealers, exchanges, price informants, logistics providers, banks and regulators. How will Morpheus simplify this entire process to allow for greater transparency and lower costs in energy trading and even facilitate cross-border energy credit trading?
Reading through your website, there was one item that caught my attention, but about which there is not much information so far, The EDUCATION. What educational structure will Morpheus create to guide those less familiar with the blockchain and decentralized finance to become part of its incredible platform? Will there be a training staff for those who want to create their DApps in Morpheus can receive orientation?
The Company was accelerated by SGInnovate and they are members of SGTECH. How does this help to perfect the tools offered for companies and developers to create, experiment and manage their own applications effortlessly at minimal cost and time? What are your plans to keep improving and innovating your DeFi protocols?
My question
I generally store a number of tokens to generate passive income on a periodic basis….
what savings tools has your Morpheus platform developed for users like me and what is the percentage of earnings from savings?
My question
There are some stake services that are not really fair with user stakes…
what is the best stake plan that we can use in Morpheus Labs platform and what are the main tokens established for stakes?
My question
I love financial platforms but I never find a tool that offers me a good loan service…
How does the loan system work on your Morpheus Labs platform depending on the type of user and what is the interest percentage per loan?
– In order to participate in the 7-week educational program of Morpheus Labs, it is necessary to have programming knowledge? What is the main target of this academy?
– Morpheus Labs has many use cases according to the website, energy trading, aviation, healthcare and many more. My question is, are all these services developed by the Morpheus team or do they serve only as a platform to drive the development of third party Dapps?
– What is the purpose of the alliance with Nervos Network if Morpheus is already developed directly on the ETH network? Do you plan an integration with a layer 2 solution to reduce the high costs of gas?
A token burn was recently performed and more token burns are scheduled in the coming months. Why are you burning so many tokens? How many do you plan to bring in the total supply?
Why did they throw a high amount of token to have to burn them in the future? Did you carry out market research for the token launch?
2020 was a year of many ups and downs, they were able to achieve all the proposed goals? What do you plan to focus on in 2021?
Are there other payment methods aside mitx at the moment? I recall hearing about the possibility of having different payment methods- be it more mainstream crypto like eth/btc/usdt or even paying in fiat, and for token appreciation purposes there would be an appropriate mechanism to purchase the equivalent value of mitx. What’s the status on that idea?
One of your recent partnership was with Shufti Pro, which is a company that offers AI powered verification and authentication services.. so with this partnership what kind of role will morpheus labs be playing in the identify verification and authentication Market… such kinds of partnerships may require regulatory compliance with AML laws of operating countries, so how are you handling the regulatory issues surrounding identity Authentication and verification in Singapore where Morpheus Labs is incorporated
Morpheus Labs was selected to be in the top 15 promising startups for Huawei Spark…. I can see How excited Morpheus Labs is about this, so what are the benefits that comes with this selection and how will this program help improve the development of Morpheus Labs
Morpheus Labs offers Blockchain-Platform-As-A-Service (BPaaS)
with multiple blockchain protocols to choose from… Currently what Blockchain protocols do you offer on your platform and What protocols do you have plans of including in the future
Morpheus Labs recognized that it’s advatangeous convert FIAT payments into MITx by purchasing tokens from the current circulating supply on the market rather than other options from the open market. For that you must have opmitized options payments with FIAT. How are FIAT payment options in this platform and is it allowed worldwide?
If I understand correctly, your Proof of Alliance mechanism is exclusive from Morpheus Labs and it works around three staking mechanisms, can you explain the advantages of them? Which one is part of the rewards system for staker-holders?
Morpheus Labs was created in Singapur, thinking about the market failures and flaws at the moment. Do you think that those failures you saw were bigger on the asian market or in general? Would you say that there are different problems depending on the side of the world? Also, do you think those flaws have increased with the years since you first talk about it in 2016?
I saw that you recently partner with Nervos Network, what can you tell us about this partnership? What positive changes will this partnership bring to the Blockchain world, and which one of this changes are you most excited for? Also, what other partnerships should we expect next from Morpheus Labs?
Is there a market that you are not currently in, but you will like to? What market do you think has a great potential and little recognition from everybody? What’s next form Morpheus Labs when it comes to this?
On Forbes can be seen that Morpheus Labs has been endorsed and onboarded as a Standard Technology Partner within the Amazon Web Services (AWS) Partner Network. What was the impact of having AWS as a technology partner and what opportunities has this provided for the development of Morpheus Labs?
I can see that Morpheus Labs is specifically focused on blockchain development for companies and developers, but how can individual and normal people benefit from this project? Do you offer an ambassador program for them?
Morpheus Labs currently provides support for which blockchain protocols? Will be added more in the future?
You mentioned two programs on your website: “Market Readiness Assistance (MRA)” and “Enterprise Development Grant (EDG)” which are applied for Singapore companies. What are the aims of these programs? Are they related to blockchain technology or separate services? Do you plan to expand them to other countries also?
Could you tell us the difference between the 4 subscription plans? Broadly speaking, what would be the ideal use of each one
Why do you base the price of the subscription plans on the value of the $MITx Token? Why do the price of the plans have to depend on the price variations of this one?
Morpheus Labs allows you to manage different blockchain protocols and link directly to BlockchainOps blockchains, what are those blockchains specifically and what are the benefits they offer to developers?
Curiously, the Morpheus Labs Technical Roadmap is established until Q2 of this year, so do you plan to extend it shortly or are you going to meet all the objectives already established and then formulate the goals of Q3 and Q4 of 2021 and the coming years?
Something that caught my attention when I was looking at the Morpheus Labs technical roadmap is that in the first quarter of 2021 you will support the implementation of the blockchain solution in the cloud, could you tell us more about that topic? What are the strategies that you will carry out to meet that objective? How does that influence the Morpheus Labs ecosystem?
How many types of Languages do you support considering that you interact closely with DApps? Morpheus can work with any Language-based DApps?
Morpheus Labs have the capacity to allow its users monetize its Decentralized solutions like DApss, so why developers should choose you to monetize their products? Is really better that others platforms?
The Morpheus Labs description says clearly that Morpheus is Partner-driven project, so why do you take this model Instead of use a community-driven model?
I am a student of Medicine so I found interesting that one of the use cases of Morpheus Labs is the improvement of the current way of management of medical records. Can you give us a practical example of how can Morpheus Labs redesign the medical system? What daily issues can be solved with blockchain and Morpheus Labs?
One of the features of Morpheus Labs is the education, where students and professionals can both benefit from your platform. How can the professionals or education providers offer their services? Do they have to acquire some kind of membership to be able to participate?
I read on your whitepaper about the Community ‘Nodes’. Can you explain more about the role of these Community ‘Nodes’ and why they are called that way? Also, what are the requirements to be a Community Node?
At the bottom of their web page it indicates that they are built on the Etherium infrastructure. However, within their characteristics they indicate that they are capable of developing workspaces using multiple blockchains. Does this mean that they work with crosschain or have some mechanism or interface between different blockchain environments?
Part of your future mission is making of this platform interoperable with interconnection capabilities. How are you planning to improve these features?
I’ve seen MITx will be convertible to discount and promotional coupons for other applications within your Network. That’s innovative, can you give us some examples of which ones are already available?
I noticed on your information page that you mention that Morpheus Labs SEED is built on Amazon Web Services. I’m really not sure what this means. Could you explain it to us? Do you mean the potential for growth, security or what?
According to you, one of the most important features that Morpheus Labs incorporates is Blockchain Ops. Could you tell us how it works and why it is so special?
What will happen after the burning of all $MITx tokens of Morpheus Labs which is scheduled from 1st quarter of 2021 up to 4th quarter of 2022? Why do you need to burn a millions of token every quarter? Can you tell us what is the positive and negative effects of burning tokens that it will bring to the whole ecosystem of Morpheus Labs and to $MITx holders? Thank you
According to your documentation you have incorporated 9 blockchains: Ethereum, Hyperledger, Multichain, NEO, Vechain, Waves, ICON, Fusion and NEM. However, other popular ones like Tron and Binance are not incorporated. Why haven’t they been taken into account from the beginning and when do you plan to incorporate them?
You incorporate a library of applications for business cases. How many application models or examples do you currently have? What criteria do you use to add a new one to this library?
One of the big problems we experience in real life is centralization and its great demands, but apart from this, what other problems will Morpheus Labs solve in “real life” applying blockchain in applications?
When can I really start creating my application with the technology provided with Morpheus Labs? And what requirements do I have to meet for it? just pay the plan and ready?
I understand that Morpheus Labs is a provider of multiple blockchain protocols, but how does it manage to relate and interconnect them all for both private and public applications with any type of chain?
Since Morpheus Labs is responsible for solving multiple problems, have you really managed to solve any of them? What applications developed with BPaaS have been a great success?
Is it really necessary to use the Blockchain-Platform-As-A-Service (BPaaS) provider in order to develop effective applications? Thus, how can essential applications be created with other types of projects without BPaaS?
If I can really implement multiple blockchains in one platform or application, can I really choose with either or both chains, will I prefer to provide the rewards? or will that Morpheus decide them to his preference?
If Morpheus LABS and Nervos partnered to provide multiple solutions to various problems, why not really implement another payment for services system? Why not need to bet on Nervos to enjoy the service instead of paying annual subscription plans?
In the event that one of the plans that I choose and pay for, and after a few days I observe that I am really not satisfied with the service, can the invested capital be returned to me?
What do you think about India as a crypto market?
What willing $MITX give to your community as feedback for being a good supporter community to $MITX, any opportunities will be given to community supporters?
I see big company names like Eos, Waves, NEO, VeChain, Wanchain, Tomochain Icon, Chainlink, Harmony, Nem, and many more, are partners of Morpheus Labs. How exactly is the relationship between Morpheus Labs and these companies? What is the role of Morpheus Labs in each of these companies? What strategic partnership was built with them?
As a community-driven project, how can I contribute my quota to your success? Do you have a Global ambassadorial Program or Referral Reward System? Do I get any benefits from holding token in the $MITX ?
What is the role of the (BPaaS) service for providing blockchain protocols and how is the infrastructure designed to deliver effective solutions?
How is Morpheus Labs working to expand its services to Singapore and the Southeast Asia region, and what are your target areas in 2021 to reach new markets?
How is the Morpheus team working to design solutions on blockchain and technologies like RPA, AI, IoT, and what are your initiatives to provide incentives with partners like Dream Plus, Conflux and ICON on your roadmap?
Can you let us understand how does Morpheus Labs Seed works in some enterprises or businesses? How does Morpheus Labs helps to ease the works in a platform or businesses?
Is it real that Morpheus Labs can solve problems in my daily life? What are some of those problems? And how would Morpheus Labs bring my ideas to life?
Morpheus Labs provides transparency to its users? And does Morpehus Labs contain DeFi?
If Morpheus Labs has such a relationship with its users, what would its security system be? If the company is secure, users can trust more.
How the Morpheus Labs platform can trade energy? What type of energy do you sell? And is this really transparent?
Im just curious, The Morpheus Labs already do few times token burn, but after i check the token total supply its always same even after burn, why ?
I read from your website that Mitx Coin will be used by big company like Huawei and PwC . Huawei also put Morpheus Lab platform available on their phone user, can you please give clarification about this? How this effect Morpheus Labs?
I see that MITX is using Ethereum Blockchain ERC20 isnt holder will have problem with High Fees ? And also what is the utility for MITX token in your platform?
Can you explain more what is the benefit from use Morpheus SEED then other competitor? What is the specialty from Morpheus Labs?
How does Morpheus Labs help organisations and developers and what advantages does it provide over other blockchains that try to achieve the same?
In the future, what are your goals? What do you do to develop the platform and marketing for the project better?
Looking at Morpheus’ business model, it’s clear that MITX will be more valuable when more people use the platform. So what programs do you have to encourage users to participate?
With Full-stack Quantitative Solutions, what advantages does Morpheus Labs have over competitors? What are the achievements that Morpheus Labs team has achieved?
Was your name inspired by the movie Matrix? Similar to the upcoming Matrix 4 movie, what lies ahead for Morpheus Labs in terms of roadmap in 6 months, 1 year and 5 years?
Morpheus Labs —Blockchain Platform as a Service. Please explain briefly “WHAT IS MORPHEUS LABS BPAAS?”
How does Morpheus Labs’ Blockchain Platform-as-a-Service (BPaaS) and App Marketplace help organisations and developers and what advantages does it provide over other blockchains that try to achieve the same?
What competitive advantage does your Business Model provide and what key metrics and unique value are there in it to attract investors and users?
Is there in prototype which you made with collaboration with proximaX’s enterprise? And if yes than what were the results ?
Can you please explain about Tsinghua Institute Fintech Research (Tsinghua University)? What is the connection between Morpheus Labs and Tsinghua?
Where do you see MITX in the next 5 years in terms of adaptability?
Are there partner programs for system integrators or ISVs?
How many MITx are on Binance chain? Any plan to increase MITx liquidity on upcoming Asgardex from Thorchain, currently it is Bepswap.
I read that Morpheus Labs have partnership with IntegrationWorks. How is this partnership can boost both company into a great business? Also as I know Integration work have client that reach big company like Siemens, Mitsubishi and other great company. Will Morpheus Labs try to use this partnership as opportunity to grow your business?
Is morpheus seed stable token/coin?
If you could be partnerships with all the other cloud platforms, or being the middleware platform to connect people to a blockchain and/or cloud?
On your website, MITX announced will integrated with big blockchain Vechain, Nervos, Waves, Icon, Neo and many more. So do you have plan to add more blockchain in 2021?
As you know Covid-19 has large impact in the crypto world, so how Morpheus Labs maintain its project and also the team that are working hard during the pandemic?
Community is the keystone for the successful project, How important is community and what are your steps to grow your community and reach out users at a global level?
You have planned to burn tokens for the next 2 years. The upcoming 46,999,995,000 MITx token burn schedule will complete its burn schedule by October 4, 2022.
Will there be enough tokens in circulation?
How do you help students in the educational process? Do they need to provide some kind of access to your platform and services?
Please tell us about the loyalty program. How can I participate and what benefits can I get?
You have a very interesting schedule for burning tokens. In 2021, 5 million each quarter, and in 2022, the amount of quarterly burns decreases first to 4 million and at the end of the year to 2 million. As a result, 700 million should remain.What I want to know: Why it was not possible to immediately release 700 million. Why is the amount of burning decreasing? Do you think that inflation will be defeated by the end of 2022 and the token will fly to the moon? Tokens that will be burned will be redeemed from the market?