ICO review of Morpheus Labs (): valuation, analysis, tokencost | Digital Rating Agency
Overview
Morpheus Labs

Morpheus Labs

Morpheus Labs’ objective is to build an enterprise-grade blockchain platform as a service (BPaaS) with an additional blockchain app marketplace that enables organisations of any size, regardless of whether they are a two-person company or a Fortune 500 company to rapidly design, deploy and operate distributed ledgers. The platform will support a number of technologies, including Ethereum, NEM, Hyperledger Fabric, Multichain with further expansion.

Place est.:
Singapore
Category:
Other
Ticker:
MITx
Platform:
Ethereum
Status:
Past
Links:
Website:
Current price:
0.0000013 BTC
0.0000398 ETH
$0.0070544
ROI in ETH:
-68%

RATING

No rating

SWOT

5.2 / 7.0

Better than 90% of projects

QUALITY

Medium

Better than 25% of projects

EXPECTED ROI

No ROI

ICO details
Date start
24/03/2018
Date end
15/04/2018
Status
Past
Pre-ICO date start
24/02/2018
Pre-ICO date end
23/03/2018
Bonuses
up to 35%
Bounty
Inactive
Softcap
Hardcap
31,250 ETH
ICO Price
8,000 MITx = 1 ETH
Token details
Token distribution: Reserve – 20%; Ecosystem & Partnership – 30%; Foundation (Strategy & Research) – 15%; Token Sales – 25%; Team – 10%.
Token distribution
A total of 1 Billion MITx will be minted. 250 million MITx will be issued to the public in this Token Generation Event. The release of the 250 million MITx is to generate sufficient funding for us and to hold us accountable for the funds. The remaining MITx will be used for business expansions and will only be released for sales according to the product roadmap. All proceeds generated from these events will be used only for product and business development.