Many Web2 projects are starting their journey into Web3. But that’s easier said than done. There are quite a few differences between the two of them.
For example, a big difference is the decentralized character of Web3. Creators have much more say over their work. We, as users, will also have more control over what personal information we want to share. So, switching from Web2 to Web3 has plenty of differences and challenges. Still, more and more Web2 firms are ready to make the transition. So, what part does Morpheus Labs play in this?
It takes good planning, coordination, and knowledge of the Web3 space. All this, and more, is precisely what Morpheus Labs offers. They make the transition from Web2 to Web3 easy for companies. Let’s see how they do it.
What Is Morpheus Labs?
Morpheus Labs has all the tools for a smooth transition from Web2 to Web3. The platform also uses AI to optimize its performance and service. Some of these tools are, for instance:
- Low-code — There’s no need to know advanced coding.
- Multichain — Morpheus Labs offers its services on various chains.
- Automation — AI-powered workflow studio
- AI-Powered smart contract Studio.
- Collaborative Development Environment (CDE) — A collaborative environment that enables multiple individuals or teams to work together on a project. This helps streamline the development process. It also increases the efficiency of Web3 development. Furthermore, it allows external developers to contribute from any part of the world.
- Template solutions — Pre-built templates for Web3 Dapps.
🔓 Unlocking the Future of Blockchain Development: Introducing Smart Contract Studio (#SCS) and #Web3 Workflow Studio
In the ever-evolving landscape of #blockchain technology, the demand for innovative solutions to streamline #development processes has never been greater
Enter… https://t.co/Np19TW35jP pic.twitter.com/X2js8rSBRP
— Morpheus Labs (@morpheuslabs_io) February 29, 2024
Morpheus Labs already works in various crypto sectors. For example:
- The Metaverse — With JPGames. This suits the hospitality and gaming spaces.
- Gamification — with Tencent. For gaming, education, or e-learning,
- NFT-enabled solutions — with Huawei Cloud. For RWA like property or ticketing agencies.
- E-commerce — with Alibaba Cloud. For fashion or food and beverage industries.
- Digital assets — with Ant Group. Finance, banks, real estate, gaming.
- Education in Web3 — with Phillip Capital. For hackathons, workshops, or educational firms.
So, it shows the versatility that Morpheus Labs offers. Their tools and solutions fit into various industries and verticals. However, don’t let their name fool you. Yes, they have ‘Labs’ in their name, but they’re not an incubator. Nonetheless, the team does work together with incubators, and they can secure grants.
How Does Morpheus Labs Work?
Rest assured; Morpheus Labs doesn’t work in mysterious ways. So, to give you a better understanding of what they offer, think of this. Let’s take a look at other low-code platforms. They’re easy to find. For instance, you may be familiar with:
They all offer an app or website building. However, they’re all Web2 platforms. Give or take, they all work similarly. You may have your favorite among them. So, what they offer is building blocks allowing you to build a website and add content. You can also add other elements, to mix and match what you want included in the front or back end.
But here’s the kicker, there’s no Web3 alternative for them. That’s even though everything Web3 is digitally native. So, that’s where Morpheus Labs offers tools that work in a Web3 environment. The same situation arises if I look at automation. Take, for example, Zapier, Make, n8n, and others. They all connect web apps and services. All automated. But again, why is there no Web3 alternative? So, that’s where Morpheus Labs has an edge. It offers a suite of tools that fill this gap. For example, with ML SEED. That’s a Blockchain-Platform-as-a-Service feature.
Morpheus Labs Features
It allows you to build your blockchain with everything you need around it. Or how about Morpheus Labs being the potential Web3 version of Zapier? Here are some of the features Morpheus Labs offers. These make for a smooth Web3 transition and integration:
- Coin creation.
- Smart contracts.
- Audits.
- Introduction to CoinGecko.
- Websites.
All this it offers in an easy-to-use environment, remember the low code? It’s an all-in-one automated convenience, powered by AI. It’s like an out-of-the-box approach. Ready to use, and easy to deploy. Develop, test, deploy, run, and scale it. All are conveniently located in one single console.
Everyone in Web2 is eyeing the Web3 space. Morpheus Labs makes that transition possible. It clearly shows the potential that Morpheus Labs has.
Upcoming Events
Morpheus Labs has a couple of events coming up. Let’s take a look at these. For instance:
- An Ambassador program — Expect this around mid to late March. More details will follow soon.
- There will be a live event on 15th March in Singapore. The Next Frontier: Unlocking Digital Potential with AI, Web3, and Collaborative Innovation. The event is at the Sofitel in Singapore.
It’s dedicated to exploring the intersection of AI, Web3, and collaborative innovation. Its focus is on: “Unlocking digital potential and driving forward-thinking solutions in our rapidly evolving digital landscape.”
On KuCoin a trading event just finished. You could earn a slice of the $10,000 in $MIND. There’s no need to worry, though, this is a recurring event. So you’ll get another chance. Speaking of the $MIND token, let’s take a closer look at this.
🔊 Event Announcement Update
Join us for an exclusive exploration of cutting-edge technologies at our upcoming event:
"Unlocking #Digital Potential With AI, Web3 And Collaborative Innovation"
Theme of the event 📜
This event is dedicated to delving into the transformative… https://t.co/Npydk4rfym— Morpheus Labs (@morpheuslabs_io) March 5, 2024
The $MIND Token
At first, it went by the name of $MITX. However, the team increased its services and the new $MIND token is multi-layered. The current $MIND price is $0.006351 with a market cap of $6.6 million. There’s a max and total supply of 2.1 billion $MIND. Out of these, 1.05 billion $MIND tokens circulate.
As you can see, a small and interesting market cap. Over the last 30 days, the token is up by 164%. So, besides KuCoin, $MIND is also listed at MEXC and Quickswap. What do you think of the transition from Web2 to Web3?
