Morpheus Network - The Quant of the Supply Chain
Buy a token at ICO price, that is ready to take off
The World Bank defined supply chain inefficiencies as the #1 world problem to solve in order to stimulate economic growth. This is exactly the problem that Morpheus Network aims to fix.
They help global customers from the supply chain industry to overcome this inefficiencies. Therefore, they offer a Supply Chain SAAS Middleware Platform which can be seamlessly integrated into the legacy and emerging technologies. The middleware solution provides interoperability with different networks.
Token Price
The price of $MNW is currently sitting at around $0.48 (Mcap of ~$18 million), which is around the ICO price ($0.45) from 2018. And all tokens are in circulation with a supply of 47.8 million.
Token Utility and Future Value
The token plays a central role in the Middleware Platform. The MNW tokens are the currency that is used to cover the associated costs with operating the platform for data storage, notarization and exchange.
The value of the token increases through the usage of the network by large clients. When customer use the network, their payment will be used to buy MNW form the market which creates buying pressure.
Also, the Betaphase of the Masternodes should start soon (Alphapase already running), which will require the purchase and lockup of MNW tokens. The nodes will assist in processing transactions for platform customers while also securing and decentralizing the network and for that work they will get paid a growing revenue.
βMorpheus.Network have committed 1.2 million MNW to secure the network and reward those who commit to strengthening the network at its early stages. The 18% annual reward is paid in MNW tokens during the testing phase. After the alpha and beta phase the payments will come from a percentage of platform revenue.β
Stunning list of Partners
MNW has a stunning list of partners. They are basically working with all the big players of the industry, like DHL, UPS, Oracle and many, many more.
And recently they added a new one with Marsh, the largest insurance broker on earth. Marsh has a revenue of 19.8 billion in 2021 and operates in over 130 countries.
Impressive Team
They have an impressive list of employees with extensive experience in the logistics industry. Like a former CEO of DHL is now the Team Lead for Global Logistics of MNW.
Upcoming AMA
The team is currently collecting questions which they will answer in an AMA in 1 or 2 weeks. There are some important questions that the team needs to answer, such as what will happen with the unswapped MRPH-Tokens (former Token of the project). It seems there are ~10 million MRPH tokens which have not been swapped to $MNW. Β
On Track to Reach $100 Million in Revenue?
The recent acceptance into Mars Venture Services Program suggests, that MNW is on track to generate $100 Million in revenue until next year (2023).
Investment Thesis:
Buying a token at ICO-price after it has already progressed in development, is already generating revenue and has built so many partnerships is a great opportunity. Also, the release of the masternodes should be coming soon, which will contribute to the deflation of the token.
Links:
A great wiki which is constantly updated: https://docs.google.com/document/d/1oqrAV8VkdPvRY7jKZ8HQtXe29FMBgm-UuTRXw67Ny2A/edit
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