More Than 110’000 People Now Hold MITx Tokens
“Wall Street is always too biased toward short-term profitability and biased against long-term growth.”
Peter Thiel, co-founder of PayPal & renowned investor
The same heuristic also applies to the crypto-market where investors focus too much on short-term price spikes while ignoring the long-term potential of individual projects.
This is why we are incredibly excited to have such a committed community believing in our long-term vision. Even more, we are proud to announce that we have surpassed 110’000 individuals holding the MITx token in the past weeks.
How this number compares to other projects
Seeing 110’000 MITx token holders by itself is great, but it is even more exciting when comparing this number with other projects. By doing this we saw that projects with a comparable market cap show amount of token holders that are orders of magnitude smaller than the Morpheus Labs number.
Morpheus Labs even shows higher numbers of token holders than many Top 30 tokens (by marketcap) such as
We work on what’s hot tomorrow - not today
“A good hockey player plays where the puck is. A great hockey player plays where the puck is going to be.”
Wayne Gretzky, former professional ice hockey player
Morpheus Labs is committed to the long-term success of the project, which also impacts our decisions made in the day-to-day business. We work on technologies and innovations that are crucial components of the Morpheus Labs ecosystem and will prove to be essential elements in the years to come.
This also means that we try not to be focused on short-term hype and technologies that are currently “hot” but rather try to anticipate the future and go where we see the market moving in the coming months. Similar to the quote above, we are aiming to go where the puck is going to be — not where it currently is.
We truly believe that this will benefit our most loyal community members the most and will also secure the sustainable future of the Morpheus Labs ecosystem.
We incentivize holding through Proof-of-Alliance
With our Proof-of-Alliance staking mechanism we want to further encourage the long-term perspective of our community. By locking their MITx tokens, community members are rewarded for their actions in the ecosystem. Learn more about Proof-of-Alliance.
We see our Proof-of-Alliance mechanism and our continued commitment to the long-term success of the project are two important reasons why we see so many MITx token holders.
We want to take this opportunity to thank all over the more than 110’000 holders that believe in our vision and are supporting us.
Founders of Morpheus Labs,
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