ICO Review – Morpheus.Network

Every day dozens of new tokens are announced at the bitcointalk forums. We go through them all to find the cream of the crop – giving you the scoop on top ICOs before anyone else. 

Morpheus Network is an automated, supply chain platform with an integrated cryptocurrency payment system utilizing blockchain technology. Using smart contracts, AI and integration with incumbent payment and logistics companies, it aims to automate much of today’s supply chain.

Built on Ethereum, Morpheus Network uses smart contracts to drive automated work contracts, shipping and customs documents, as well as payments, allowing for supply chain tasks, such as ordering the parts to build a car when stock runs low, to happen with maximum efficiency and minimal human intervention.

Morpheus has a very strong team with a good mix of logistics, trade, tech, legal, and payment experience. Besides the team itself, they also have advisors at key firms including SWIFT, DHL and Deloitte.

Their presale will run from February 23rd to March 4th, 2018 with a hard cap of $36 million and a bonus of 12%. The token distribution seems quite fair, with 72% of the tokens being distributed in token sales, and another 9% distributed in bounties.

With supply chains notoriously inefficient and talked about as being ideal for blockchain to target, we see a lot of potential for Morpheus if they’re able to deliver. See their token sale information and sign up for their whitelist here.

Bitcointalk | Website | Whitepaper | Twitter | Telegram |

Runner Up – Current (airdrop)

Current is an “incentivized, blockchain-based multimedia ecosystem”. With similar economic principles to BAT, Current is instead focused on streaming media, such as Spotify and Youtube. By tokenizing attention in the streaming media space, they aim to cut out industry middlemen, benefiting consumers with lower prices and creators with better rewards for creating content.

The Current company already has a working product – the Current app, which is already integrated with Spotify, Soundcloud and Youtube. The ICO will add tokenization to the app, allowing users to

With big name investors including Mark Cuban as well as Bancor helping, Current was sold out, achieving its hard cap of $36 million in its private presale. They’ve decided therefore to cancel the main token sale as well as public presale and will instead be conducting an airdrop of $4 million worth of CRNC tokens.

While we would prefer for more of the sale to have been open to average joes, it’s hard to complain about free tokens for a massively successful ICO.

You can sign up for their airdrop here.

Bitcointalk | Website | Whitepaper | Telegram | Github | Twitter | Facebook

 

Disclaimer: ICOBriefing does extremely early-stage research of token offerings. As the project progresses, details may change significantly or completely. Always do your own research and do not invest more than you can afford to lose.

ICOBriefing does not claim to provide financial advice or endorse any particular token. Investing in ICOs is very high risk and you may lose most or all of your investment. We are not responsible for any of your investment losses.