The MNW Token
MNW is the heart and fuel of our platform.
Blockchain Brilliance
Innovating how we exchange trust and value in a digital world.
When using Morpheus.Network’s process automation functions, every step in the supply chain represents an event that is conditionally triggered. The backbone for our event triggers are “automated workflows” or smart contracts – conditionally executable coded actions like payments, data transfers etc. – deployed on a Blockchain layer. A Blockchain backend was chosen to guarantee immutable data, enable data exchange functions between parties and build a trustworthy data notarization layer for deployment of AI, ML or RPA algorithms.
This is where the MNW token comes into play. In a Blockchain network, the notarization services for data and transactions as a well as the execution of automated workflows are paid with a fee in the form of tokens. The MNW token is the fuel of Morpheus.Network’s automation platform. It allows predetermined events to be executed as smart contracts (currently on the Ethereum network), like creating shipping & customs documents or eliciting international payments.
The MNW tokens are the currency that is used to cover the associated costs with operating the platform for data storage, notarization and exchange. From a user standpoint, MNW tokens are used to “pay” for two key functions of the platform:
Firstly, automating processes, that had to be done manually before, thereby saving time and money.
Secondly, notarizing all transactions/datasets in an immutable ledger for all parties to create a single source of truth and converting information into a common machine-readable data format.
In our pursuit to provide a unified communication layer between different systems and blockchain protocols, Morpheus.Network provides an abstraction layer that brings multiple platforms into one place. In that context, the MNW token acts as a “binding glue” for data exchange between different systems and networks.
Furthermore, our Software Development Kit or “SDK” allows our clients to create custom-built modules for the Morpheus.Network Module Marketplace. In other words, our clients will be able to monetize the development efforts they put into creating new modules for the platform by leveraging the SDK (software development kit), enabling them to offer their modules to other Morpheus.Network clients.
When utilized by enterprises globally, the completion of these customized modules will also be validated by the blockchain by employing the MNW utility token.
The MNW tokens are the currency that is used to cover the associated costs with operating the platform for data storage, notarization and exchange. From a user standpoint, MNW tokens are used to “pay” for two key functions of the platform:
Firstly, automating processes, that had to be done manually before, thereby saving time and money.
Secondly, notarizing all transactions/datasets in an immutable ledger for all parties to create a single source of truth and converting information into a common machine-readable data format.
In our pursuit to provide a unified communication layer between different systems and blockchain protocols, Morpheus.Network provides an abstraction layer that brings multiple platforms into one place. In that context, the MNW token acts as a “binding glue” for data exchange between different systems and networks.
Our MNW token is run on the Ethereum blockchain. Ethereum is an open-source, public, blockchain-based distributed, Turing-complete computing platform which can run Smart Contracts. Smart Contracts are applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference.
When utilized by enterprises globally, the completion of these customized modules will also be validated by the blockchain by employing the MNW utility token.
MNW tokens are central to the platform’s ecosystem, compensating participants such as Solution Providers, Module Developers, and Masternode operators. The tokens facilitate interactions within the platform and are used to incentivize contributions to the network, such as operating validator nodes.
Yes, Morpheus.Network utilizes Layer 2 blockchain solutions such as Polygon to address scalability issues associated with the Ethereum mainnet. This architecture allows for high-volume transactions to be processed efficiently, reducing the costs and congestion typically associated with public blockchains.
Trust.Supply Masternodes are integral to the scalability solution of the Morpheus.Network platform, enhancing trust in our data by providing independent, third-party validation of enterprise supply chain data.
By leveraging a network of validators, the platform ensures that transactions and events are validated securely without compromising sensitive information. This setup maintains the integrity and privacy of supply chain data while also supporting the platform's need for interoperability across different blockchain protocols.
Operators of Trust.Supply Masternodes receive MNW tokens exchange for validating and securing supply chain transactions, ensuring that the network remains decentralized and robust.
Learn more at https://trust.supply
Morpheus.Network employs multiple layers of security, including multi-signature hardware wallets, rigorous code audits, and vulnerability testing by leading security firms. These measures help ensure that MNW tokens and the transactions they facilitate are secure and protected from unauthorized access. Learn more at https://morpheus.network/security/
There are two! Here are links to both our "Black Paper" and latest masternode staking "Lightpaper"
Disclaimer
Purchase, ownership, receipt, or possession of MNW Tokens carry no rights, express or implied, other than the right to use such tokens as a means to participate, interact or transact on the Morpheus.Network platform. MNW Tokens do not represent or confer any ownership right or stake, share, security, or equivalent rights, or any right to receive future revenue shares, intellectual property rights or any other form of participation in or relating to Morpheus.Network or any of its corporate affiliates. MNW Tokens are not intended to be utilized outside the Morpheus.Network platform nor as a digital currency, security, commodity, or any kind of financial instrument. Neither Morpheus.Network nor any of its corporate affiliates shall be liable for any decrease in value of MNW Tokens or any other damages incurred as a result of using or purchasing MNW Tokens for anything besides their intended use on the Morpheus.Network platform.
This website contains forward-looking statements that are based on current expectations, projections, and assumptions. These statements are subject to risks and uncertainties, which may cause actual results to differ materially from the outcomes predicted. Factors such as changes in market conditions, regulatory developments, and unforeseen events could impact the realization of these forward-looking statements. All forward-looking statements should be considered in light of these uncertainties.
