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October 2021 #Internal AMA

October 2021 #Internal AMA

Morpheus Labs internal AMA was held on 20th of October 2021 @ 5pm (SGT) / 9am (UTC).

Hello community, thank you for joining our monthly AMA session. The October edition is a quick fire session compared to the rest of the other AMA. If you’ve joined us in our previous community AMA, welcome back to another edition of the much-anticipated Telegram session in which our core team will answer some of the most commonly asked questions about Morpheus Labs. 

Main Takeaways:

  • Staking Updates
  • Launchpad Updates
  • Developers campaigns and outreach
  • MLSeed / Morpheus Labs utility

AMA Questions                   

Pei-Han – CEO / Dorel – CIO / Bruce – CTO 

No.QuestionRespondent
1I saw that for the launchpad – there are quite a few customers/projects. Can you share what Morpheus Labs looks for in a project before on-boarding them? Pei-Han
2Can you tell us more on how Morpheus Labs solutions apply to the real world business, enterprise or educational needs? Dorel
3What new additions to the services offered would you like to add in the future? The launchpad seems to be a good move. Will we see more of it or do you all see the launchpad propelling Morpheus Labs forward?  Pei-Han
4How will staking work? I have read / heard somewhere that staking will be available at the end November, any hints to that?Bruce
5You all mentioned about the developers campaign. When and how will it happen? Are there more details and hints on these?Bruce
6How will the MLSeed platform help in hackathons and educational sectors? Do ICON hackathons and other educational institutes really utilise the MLSeed platform to conduct these?Dorel
7We have seen the general timeline in the tokenomics, but what are the team’s exact plans and goals in terms of real users and outreach? Are there any milestones or targets that the team is aiming for?Pei-Han

Question 1 – Answered by CEO, Pei-Han

We saw that for the launchpad – there are quite a few customers/projects. Can you share what Morpheus Labs looks for in a project before on-boarding them?

It is known that in the Blockchain space – there is a massive lack of adoption. Although many projects might be doing well in token price, in reality, the majority have a gap to adoption. The  LaunchPad initiative is a co service product between ML and Huawei with the aim to connect ready blockchain projects to enterprises and users. 

To ensure that only serious projects are on boarded, Projects must have ready products, open for enterprises to validate their product and commercially viable. We have strict requirements and a due diligence process. 

This being said, ML and Morpheus Labs will not be responsible for the outcome and viability of the project in the long run. Kindly conduct your own due diligence. The launchpad is only a service that can add value-add, we don’t control or run the projects that are on board with us.

We received overwhelming interests during our private invites, ML and Huawei team filter out those products/teams are not ready for enterprise.

— End of Answer —

Question 2 – Answered by CIO, Dorel

Can you tell us more on how Morpheus Labs solutions apply to the real world business, enterprise or educational needs?

Morpheus Labs SEED , the core product, makes it easy to develop , deploy and potentially to run any kind of blockchain based solution. Let’s now outline how this apply to the real world:

  • Education. The training providers use the ML SEED platform to deliver hands-on training.  The hackathon and workshop providers use the ML SEED to run coding competitions or to showcase blockchain based solutions . We have the concrete. example of MLH using ML SEED  to showcase the ICON technology. And we know that MLH has an exposure to about 65000 students. In light of these the ML in partnership with other big names will leverage on SEED for delivering blockchain education to facilitate the adoption.
  • Enterprises. SEED accelerates the digital transformation of enterprises by providing unique features for low-coding , solution sandboxing. 
  • Last but not least,  individual developers and freelancers are incentivised to publish their apps and get noticed by these enterprise customers who will utilize such dApps as reference for their solutions.

— End of Answer —

Question 3 – Answered by CEO, Pei-Han

What new additions to the services offered would you like to add in the future? The launchpad seems to be a good move. Will we see more of it or do you all see the launchpad propelling Morpheus Labs forward? 

LaunchPad is a Go to market CTA that connects ML SEED enterprises users (Blockchain projects) to allow Huawei’s potential customers to easily adopt these solutions. This is just the start. We aim to Push and bring ML SEED to the public and reach out to the other projects within the wider blockchain ecosystem. 

Morpheus Labs will work with Huawei & our other stakeholders in the next phase to promote, add value and raise up the bar for all involved.

— End of Answer —

Question 4 – Answered by CTO, Bruce

How will staking work? I have read / heard somewhere that staking will be available at the end November, any hints to that?

We have successfully completed the Campaign Staking beta test on the Polygon network. And we are working on the enhancements based on the valuable feedback received from the beta test participants. 

We are targeting to release the first staking campaign on the Polygon network by the end of November.

The first campaign is to incentivize community members to sign-up on ML SEED platform. More details will be shared before the campaign starts.

— End of Answer —

Question 5 – Answered by CTO, Bruce

You all mentioned about the developers campaign. When and how will it happen? Are there more details and hints on these?

Yes, a roadmap in the updated tokenomics has mentioned a high level plan for the developer campaigns to be executed over 12 months starting from Q1 of 2022. 

Developers are the key users and contributors to the ML SEED platform and the community. Developers will be incentivized for their contributions to the SEED platform and the developer community, some of examples (subject to change):

– freelancer program,

– platform development and test bounty programs, 

– development of the SEED platform open source components,

– develop and publish dApps and APIs

– developer hackathons

– developer community events

– developer referral program

A detailed plan will be shared before Q1 2022.

— End of Answer —

Question 6 – Answered by CIO, Dorel

How will the MLSeed platform help in hackathons and educational sectors? Do ICON hackathons and other educational institutes really utilise the MLSeed platform to conduct these?

ML SEED has been featured as a very innovative platform to conduct hands-on training, workshops and hackathons. It is quick and easy for participants to participate. ICON hackathons done by MLH (Major League Hacking – a giant of hackathons) and Munich University of Applied Science are two notable cases where SEED has been used in hackathons/workshops.  As you know ML SEED comes with its own marketplace for dApps, named App Library.

The hackathon participants use the App Library to search for reference dApps, and combined with SEED capability to quickly deploy nodes and to develop online code online in many languages, all these together,  have made their life much easier. Many of the finalists have presented on the pitch day diverse good solutions that give the idea they were able to perform well.

ML SEED is not just helping users to create but dApp creators have chances to be noticed by ML SEED enterprise users and get hired by them. So yes there has been a real usage of platforms for hackathons and workshops in the last 2 years.

— End of Answer —

Question 7 – Answered by CEO, Pei-Han

We have seen the general timeline in the tokenomics, but what are the team’s exact plans and goals in terms of real users and outreach? Are there any milestones or targets that the team is aiming for?

LaunchPad has a purpose for the ecosystem to come together with group effort; to push for awareness, adoption and being the centre (low code platform) of adoption. ML SEED plays a key role. With LaunchPad, we can strategize, outreach and have a proper plan of action.

[ Awareness and branding ]

– Co marketing/promoting 

– Webinar: Shaping ML into marketing leader and influential 

– Relatable stories / real use cases 

– Create positive social noises 

– Foster a cohesive & healthy ecosystem among stakeholders

– among many others 

[Conversion]

– Workshop 

– Hackathon 

– Educational series 

– Social outreach 

– Sponsorships and campaigns 

– among many others 

For the near term till end 2022, we will want to be leading platform for hackathon in ASEAN and phase by phase expand into more regions. 

— End of Answer —

Thank you all for taking the time to participate in this AMA. Morpheus Labs would like to give special thanks to our valued community members and stakeholders. Thank you to all involved and we look forward to the next AMA.