Morpheus Labs Token Economy Status Update
Dear Community,
As promised, here’s an update on our tokenomics.
In 2019, we launched our BPaaS in January and we hosted a campaign with education institutions, offering free subscription on our BPaaS to welcome developers onboard. This initiative was part of our framework to gather review and feedback for platform enhancement to meet the market demand. As you know, MITX is the utility token used in all Morpheus Labs platform services and is an ERC-20 compliant. (Our tokenomics was explained here.)
When we onboard new blockchain protocol partners, the integration fees are converted to MITx based on our tokenomics model. The MITx token is not a settlement or payment token, the design of MITx is centered around the access/work token model.
You can now visit our BPaaS tracker’s page here along with FAQ.
About Morpheus Labs
Morpheus Labs, a Singapore homegrown startup that aims to develop a comprehensive…
