Morpheus Labs (MITX) Review & Analysis – Morpheus Labs ICO Review

Morpheus Labs

Powerful Inclusive Full Stack Blockchain-Platform-As-a-Service for Enterprises

ERC20 Token

Morpheus Labs Simplifies and expedites blockchain application development, gives you the flexibility to choose between available programming languages and blockchain runtimes that better suit your needs.

You receive unparalleled benefits from an integrated collaborative development environment, workspace management, version control repository and many preconfigured tasks.

Infrastructure is critical in all functioning, robust first world economies. However, in the current blockchain state of affairs, proper infrastructure is sorely lacking. Morpheus Labs will fill this void by building a revolutionary platform that focuses on quick go-to-market strategies, and user friendliness. We empower enterprises and individuals to perform rapid prototyping and validation of business ideas at low cost.

Morpheus Infrastructure Token (MITx) is designed to be used within the Morpheus BPaaS network for all services and products rendered, platform subscription, distributorship licensing and token swaps with other digital currencies or tokens.

“Let our platform do the heavy lifting while you focus on value-adding work such as application creation and experimenting with the blockchain technologies at a fraction of the cost and time. ”

Positives

The Team Here Is One of Morpheus Labs’ Best Assets. The Members Talents and Abilities Are Evenly Spread with Experience Necessary for the Development of the Platform and the Development of the Business.
The Singaporean Government Is Responsible for the Incubation of the Project with Clients Including Those from University and Government Sectors. It’s Always Great to See a Project with Legitimate Ties to Government or Big Investors Who Have the Resources Necessary to Allow the Project to Flourish.
Enterprise Blockchain Is Obviously Going to Be Huge as Businesses/Companies Explore How They Can Improve Their Operations Using Blockchain Technology. Due to the Young Age of Blockchain Tech and the Scarcity of Developers for Languages like Solidity, Platforms That Offer Easy Access to Blockchain Solutions Will Be Highly Sought After.
A Subscription Based Model Will Provide Companies with an Incentive to Use the Platform Rather than Paying on a per Project/Service Basis. Competitors in This Space Are Mostly Using a Pay-to-use Model. It’s Different and Something That Will Allow Morpheus Labs a Point of Difference in a Highly Competitive Space.
The Roadmap Featured on the Morpheus Labs Website Shows Both a “Business” And a “Technical” Tab. It’s Great to See a Roadmap Split up like This. Descriptive Milestones Reaching into Q4 2018. Very Obvious That the Team Has a Clear Vision and Milestone Set They Plan to Follow.

Concerns

Plenty of Competitors Here. Bloq, Credits and More than 20 Other Projects Similiar to Morpheus Labs Exist. The Service Is Unfortunately Something That Can Be Copied or Replicated Pretty Easily. The Technical Side of Morpheus Labs Isn’t Exactly Groundbreaking so Competitors Are Popping up Constantly.
Without Jumping into the Whitepaper, the Information Presented on the Morpheus Labs Website Is Pretty Vague and Doesn’t Really Describe a Technology/Project That Is Different from It’s Competitors. If You Read the Whitepaper, You Will Realise Morpheus Labs DOES Indeed Have Aspects That Set It Apart from Competitors, Perhaps This Could Be Better Reflected on the Website.
No Other Concerns Here. Morpheus Labs Is Working a in a Space That Is Rife with Competitors but with the Team, Partnerships/Investors and the Technical/Business Roadmap Considered, We’re Betting Morpheus Labs Will Do Well Enough to Stand out from the Rest.

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