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Morpheus news
About Morpheus
What Is Morpheus (MOR)?
MOR is the utility token that supports the Morpheus decentralized AI ecosystem. This ecosystems is designed to incentivize the first peer-to-peer network of personal general purpose AIs that can execute Smart Contracts on behalf of a user, known as Smart Agents. The native MOR token will be used to obtain the IPS (Inference Per Second) required to interact with the various Smart Agents.
How Many MOR Coins will there be in Circulation?
Morpheus launched the MOR token on Arbitrum mainnet on February 8, 2024 with 14,400 MOR tokens created on day 1. A decreasing emissions curve reduces the daily emissions by 2.468994701 MOR each day until the rewards reaches 0 on day 5,833 (~16 years). These daily emissions are split between Capital Providers (24%), Code Providers (24%), Compute Providers (24%), Community Providers (24%), and the Protection Fund (4%). The total supply of MOR will reach 42,000,000 MOR tokens over 16 years.
Who is the Morpheus Team?
There are no founders. The anonymous authors who called themselves Morpheus, Trinity, and Neo published the paper on September 2nd, 2023, marking the beginning of Morpheus. There is no formal team, company or foundation. Morpheus is fully decentralized and driven by a community of open source contributors.
How do I buy Morpheus (MOR)?
MOR is available for trading on uniswap using WETH on the Arbitrum blockchain
How do I earn Morpheus (MOR)?
MOR can be earned through 4 parts of the Morpheus Ecosystem:
*Capital Contribution: Users can stake stETH in the Morpheus platform to provide liquidity
*Code Contribution: Contribute to the Morpheus code base for ongoing development
*Compute Contribution: Contribute resources for AI computation (est June’24)
*Community Contribution: Users can develop interfaces and tools for Morpheus (est Aug’24)
What is the MOR utility
The main utility of the MOR token is access to the network compute resources for holders and rewards for ecosystem contributors. You will also be able to stake MOR towards frontends and smart agents you like, thereby directing community emissions to them and be rewarded in their native tokens. Additionally, MOR will be the main asset for AI projects launched in the Morpheus ecosystem, like ETH for Ethereum. Finally, all settlements between parties are also in MOR.
The live Morpheus price today is $28.43 USD with a 24-hour trading volume of $110,533 USD. We update our MOR to USD price in real-time. Morpheus is up 0.10% in the last 24 hours. The current CoinMarketCap ranking is #3633, with a live market cap of not available. The circulating supply is not available and a max. supply of 42,000,000 MOR coins.
If you would like to know where to buy Morpheus at the current rate, the top cryptocurrency exchanges for trading in Morpheus stock are currently CoinEx, Uniswap v3 (Arbitrum), and OpenOcean. You can find others listed on our crypto exchanges page.