Curated News
By: NewsRamp Editorial Staff
December 23, 2024
Morpheus Platform's Utility Token MOR Listed on Unocoin, India's Leading Crypto Trading Platform
TLDR
- MOR token listing on Unocoin opens up access to a rapidly growing market, providing a strategic advantage for savvy crypto investors.
- Morpheus platform utilizes Smart Agents to enhance user interactions, decision-making, and AI data routing through a decentralized network.
- Morpheus fosters a balanced and self-sustaining ecosystem, ensuring fair compensation for all participants and driving global collaboration in AI innovation.
- India's first bonafide crypto exchange, Unocoin, has listed the MOR token, tapping into the burgeoning AI space amid growing interest in quality AI-driven crypto projects.
Impact - Why it Matters
The listing of MOR on Unocoin signals the platform's expansion into one of the world’s largest markets for crypto and digital innovation, offering opportunities for investors and users. This news also highlights the growing interest in AI-driven crypto projects and the potential impact of decentralized AI applications on economic activity.
Summary
Morpheus, the leading platform to launch Smart Agents, has announced that its native utility token MOR has been listed on Unocoin, one of India’s leading crypto trading platforms. The listing extends the reach of MOR to one of the world’s largest and fastest-growing markets for crypto and digital innovation, driven by an increasingly tech-savvy population. Unocoin emerged as India’s first bonafide crypto exchange, and has gone on to serve over 1.5 million customers – playing a pivotal role in driving adoption of bitcoin and crypto in the country. The announcement comes just weeks after Morpheus Open Source developers made $20 million MOR rewards available for AI Compute Providers, following its recent mainnet launch.
The platform is built on four types of contributions: Code, Capital, Compute and Builders. Compute providers receive the Morpheus native token, MOR, based on hosting AI LLMs. The Morpheus fair launch tokenomics structure ensures the sustained development, deployment, and operation of Decentralized AI applications deployed on the Morpheus platform. As AI agents increasingly dominate economic activity, Morpheus will stand at the forefront, serving as the driving force behind the evolution of Free AI.
Morpheus is a decentralized network of personal general-purpose AIs called Smart Agents. These agents execute smart contracts, connecting to users’ Web3 wallets, DApps, and smart contracts. The Morpheus community has been built through the support of a community of hundreds of open-source developers and allied projects.
For more information, visit https://mor.org/
Source Statement
This curated news summary relied on this press release disributed by BlockchainWire. Read the source press release here, Morpheus Platform's Utility Token MOR Listed on Unocoin, India's Leading Crypto Trading Platform