Proof of Usefulness Report

Morpheus Labs

Analysis completed on 2/8/2026

+48
Proof of Usefulness Score
You're In Business

Morpheus Labs (SEED) is a verified B2B Web3 low-code platform with legitimate partnerships (Huawei, Tencent) and awards (Jumpstarter 2023). However, the project's token (MITX/MIND) appears to be a 'zombie' asset with negligible volume (~$15/day) and a market cap (~$200k) that contradicts the submitted '$17M' figure. The submission quality is critically low, containing false claims of 'everyone' as the audience and 'most people' as users. While the software entity generates verifiable revenue (~$1M claimed in 2023), the discrepancy between the submitted data and reality, combined with the collapsed token economy, results in a low score within the 'Minimal Traction' range.

Ready to Compete for $150k+ in Prizes?

Move this data into a HackerNoon blog draft to become eligible for your share of $150k+ in cash and software prizes

View All Reports

Score Breakdown

Real World Utility+17.5
Audience Reach Impact+2.0
Technical Innovation+9.0
Evidence Of Traction+8.0
Market Timing Relevance+6.0
Functional Completeness+0.25
Subtotal+42.75
Usefulness Multiplierx1.12
Final Score+48

Project Details

Project URL
morpheuslabs.io
Description
Morpheus SEED (Solution Environment for Enterprise Development) is an award-winning platform recognized by Jumpstarter 2023 and Slingshot 2020. It is an Artificial Intelligence-powered, low-code development platform designed to simplify and accelerate the implementation and launch of Web3 applications for businesses. Through advanced AI and data processing, we expedite the journey towards Web3 transformation, making coding accessible for everyone. Reduce the time spent on coding and free up your time to focus more on innovating your solution, technology, and business model. Key features include: - CDE (Collaborative Development Environment): Develop, collaboratively code, and test Web3 applications from anywhere. - Web3 Workflow Tool: Automate and integrate workflow tasks with blockchain-based smart contracts, social media software, and enterprise applications. - Web3 API and SDK: Provides developers with tools to create powerful decentralized applications. - Web3 Low-Code Development Platform: A simplified interface for building complex dApps without advanced coding skills. - Blockchain Orchestration and Interoperability - Web3 API Generator Headquartered in Singapore, with an office in Ho Chi Minh, we work closely with the world's largest companies, including Huawei, Tencent, Ant Group, PingCap, Alibaba, AWS, Internet Computer Protocol, and Philip Capital. We accelerate Web3 transformation through data-driven, intelligent automation and ecosystem collaboration, ensuring your success in ever-evolving market conditions.

Algorithm Insights

Market Position
Growing utility with room for optimization
User Engagement
Documented reach suggests active user community
Technical Stack
Modern tech stack aligned with sponsor technologies

Recommendations to Increase Usefulness Score

Document User Growth

Provide specific metrics on user acquisition and retention rates

Showcase Revenue Model

Detail sustainable monetization strategy and current revenue streams

Expand Evidence Base

Include testimonials, case studies, and third-party validation

Technical Roadmap

Share development milestones and feature completion timeline