Morpheus Labs provides businesses and entrepreneurs with the necessary infrastructure and a comprehensive set of tools to rapidly design, test, and spread the ledger
Morpheus Labs , a start-up blockchain-platform-as-a-service, today said it has raised an undisclosed amount of funding from a Chinese angel investor worth US $ 2 million.
In addition, a Singapore-based startup has launched an Initial Coin Offer (ICO) with the goal of obtaining US $ 25 million from the sale of its 125 million Morpheus Infrastructure Token (MIT) from the first round.
Customer may use a token to obtain any service within the platform network and pay the in-service provider. At a later stage, holders will also be able to exchange their tokens with other crypto.
A SGInnovate startup, Morpheus Labs provides businesses and entrepreneurs with the necessary infrastructure and an integrated set of tools to quickly design, test, and deploy ledgers. This allows rapid prototyping to help organizations validate their blockchain applications and experiment with technology.
The company claims that it is the first enterprise application store in Southeast Asia, designed to connect companies to a blockchain ecosystem and provides the flexibility to find, select, experiment and deploy applications in their respective industries.
"We position ourselves to be Apple from the blockchain industry," said Chuang Pei-Han, co-founder of Morpheus Labs. "It's too early to call the most dominant blockchain.We remove entry barriers like upfront installation costs, provide access to open source applications and increase market time for all parties.New technologies and our fresh approach create a frameless blockchain ecosystem that drives innovation products. "
According to the founders, Morpheus helps companies acquire services, ideas, or tools by calling for contributions from various partner experts and the occupation of the contributions of the crowd, allowing broad innovative ideas and solutions in a relatively short period of time.
In addition, utility-based platforms allow companies to experiment, develop and deploy home blocking applications quickly compared to current blocker nodes, hire developers and eventually implement them.
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