Morpheus.Network

Halal Rating :
Comfortable
Last Price $0.3 Last updated:
Rank 1077
1D Change -5.48 %
Market Cap $14.38m
Circulating supply 47,180,014
Maximum supply 47,897,218

Crypto Overview

Categories
  • Logistics
  • Masternodes
  • Payments
  • Ethereum Ecosystem

Purpose and Utility

Morpheus.Network (MNW) is a supply chain optimization platform that leverages blockchain technology to improve global supply chain operations. The MNW token serves as the platform's native utility token, required for accessing and utilizing the platform's services.

Business Model Analysis

The platform aims to digitize and automate supply chain processes, including documentation, compliance, and logistics tracking. MNW tokens are used to pay for platform services and facilitate transactions between supply chain participants. The business model appears transparent and focuses on legitimate supply chain optimization without involvement in prohibited activities.

Real-World Adoption

Morpheus.Network has established partnerships with significant players in the supply chain industry, including Telefonica, Swift, and DHL. The platform has demonstrated real-world implementation cases, particularly in pharmaceutical and food supply chains.

Development Activity

The project maintains active development, with regular updates to its platform and continuous improvement of its supply chain solutions. The team regularly publishes technical updates and maintains transparent communication about development progress.

Token Distribution and Governance

The token distribution shows a balanced allocation between team, development, and public distribution. Team tokens have vesting schedules in place to ensure long-term alignment with project goals.

Crypto Impact

To assign a comfort level investing in Morpheus.Network from a halal perspective we need to determine whether it has a net positive or negative impact.

Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Morpheus.Network.

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