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Alternate cryptocurrencies => Announcements (Altcoins) => Topic started by: ivan_s on February 26, 2020, 02:25:09 PM



Title: [ANN] We are Morpher, a trading platform for stocks built on the ETH blockchain.
Post by: ivan_s on February 26, 2020, 02:25:09 PM
https://www.morpher.com/img/navbrand.1da39355.svg (https://www.morpher.com/?utm_source=bitcointalk&utm_medium=forum&utm_campaign=announce)


Introducing Morpher (https://www.morpher.com/?utm_source=bitcointalk&utm_medium=forum&utm_campaign=announce), a trading platform built on the Ethereum blockchain for every market.

In 2018 we set out to create a trading platform that would make global financial markets accessible to everyone. The idea came from observing the reasons why different communities adopted cryptocurrency. The low barriers of entry, and particularly - the fractionality of cryptocurrency, made it possible for people to invest in new projects and ideas. However, for the bulk of those people, investing in anything beyond cryptocurrency is difficult. With regards to financial markets, if you're outside the US it's incredibly difficult to invest in US equities, and in to invest in domestic markets in Europe or EM regions also comes with a share of bureaucracy. Asset managers aim to offer a solution, low-entrance managed funds and portfolios, but they're riddled in fees. Frustrated, we decided to try and democratize access to financial markets, and decided to build Morpher.

In July 2019 we rolled out our open-access alpha, which only supported paper trading, and only a few markets.


We are proud to announce that we will be launching Morpher during Q2 2020, with a wide range of features:

  • 600+ Markets: including US Stocks, commodity futures, spot FX rates, major cryptocurrency pairs, and exotic indices.
  • 24/7 Trading Across All Markets: Yes, this means you can now trade any asset 24/7, even if the underlying market is closed.
  • No Counterparty Risk: Our platform doesn't rely on trade-couterparties, but rather uses our smart-contract protocol. Meaning you are always able to enter or exit a position.
  • Infinite Liquidity: We use our own token for settlement, and combining this with a smart contract counterparty means that your trades will not drift through the market-depth (slippage), but will be filled at the market price as displayed.
  • Fractional Trading: Since we use our own token to stake the price-action of every trade, you don't need to select an integer number of shares that you want to trade. You simply select the amount of tokens you want to stake.
  • Long or Short: Forget about interest expense, you can go short on any market.
  • Leverage: Trade with up to 10x leverage.
  • Stealth Trading: Trades you make on Morpher never affect the underlying asset, providing users with dark pool-like liquidity.
  • No Fees: No custodial account fees, no trading fees, no commissions, and no activity fees. The market-standard spread takes care of transaction costs.
The great thing about Morpher is that we can turn any data into markets. The underlying asset is never traded, the smart contract creates a virtual future, so as long as we have a non-arbitrageable feed we can create markets from any statistic. Housing price indices, interest rates, crop-yields, production outputs, manufacturing indices, water, bees, diamonds, a student's GPA - we can trade anything. We're working on bringing you some of the most unheard markets.  


Here are just some trades that are only possible with Morpher:

  • Short Tesla ($TSLA) before Pre-Market trading starts while Wall Street can't trade.
  • Buy Gold futures on the weekend in response to breaking news.
  • Scalp cryptocurrency trends without worrying about liquidity.


Our token is available to non-US persons via our airdrop, available here for every reader of this post (https://morpher.com/bitcointalk).

As part of our airdrop you get up to 2,000 tokens (appx. $60) for registering and passing KYC.
These tokens are used to trade on Morpher, and will be listed on other exchanges after the launch of our platform.
For every person you refer that successfully completes KYC,you will receive up to an additional 1,000 tokens at launch.

We are looking forward to hearing your thoughts on Morpher; feedback and criticism, and hope that Morpher becomes a solution for you or someone you know.



https://i.ibb.co/PGRQdGV/Frame-3.jpg (https://www.morpher.com/bitcointalk)



Title: Re: [ANN] We are Morpher, a trading platform for stocks built on the ETH blockchain.
Post by: ciberdyn on March 14, 2020, 12:45:09 AM
need more info, tim draper is behind the project?


Title: Re: [ANN] We are Morpher, a trading platform for stocks built on the ETH blockchain.
Post by: ivan_s on March 16, 2020, 07:48:13 AM
Our main backer for this project is Tim Draper's Draper Associates (https://draper.vc/invested-companies/)


Title: Re: [ANN] We are Morpher, a trading platform for stocks built on the ETH blockchain.
Post by: pantek talacuik on March 18, 2020, 01:44:35 PM
March will end and nobody sees an update from the team and this thread is very quiet for investors to find out about the greatness of this project. Is this project not very interested by many people?


Title: Re: [ANN] We are Morpher, a trading platform for stocks built on the ETH blockchain.
Post by: Ryutaro on March 18, 2020, 07:11:40 PM
March will end and nobody sees an update from the team and this thread is very quiet for investors to find out about the greatness of this project. Is this project not very interested by many people?

They are asking for KYC for their airdrop: 2,000 crypto worth a mere 60 $ which are probably some shitcoins, so be careful everyone, red flag don't join and risk your identity getting lost or even sold!


Title: Re: [ANN] We are Morpher, a trading platform for stocks built on the ETH blockchain.
Post by: ivan_s on March 19, 2020, 10:57:13 AM
Hey everyone, hopefully I can ease some of your questions.

Quote
this thread is very quiet

It's true there is definitely a lack of activity on our part within some crypto and blockchain communities. Which is something that we hope to change.

We are a company based out of Vienna, Austria, and we have to adhere to a fair bit of regulations. You will be able to buy our token from decentralised exchanges, using it directly with the protocol on Ethereum without giving us any of your info.

Quote
risk your identity getting lost or even sold

However, with the airdrop in mind, we can't give away our token to US users, and that's where KYC comes into play. In accordance with GDPR you can have your data removed at any time. 

We are available to answer any questions you guys may!


Title: Re: [ANN] We are Morpher, a trading platform for stocks built on the ETH blockchain.
Post by: CaVO32 on March 19, 2020, 11:05:54 AM
Hey everyone, hopefully I can ease some of your questions.

Quote
this thread is very quiet

It's true there is definitely a lack of activity on our part within some crypto and blockchain communities. Which is something that we hope to change.

We are a company based out of Vienna, Austria, and we have to adhere to a fair bit of regulations. You will be able to buy our token from decentralised exchanges, using it directly with the protocol on Ethereum without giving us any of your info.

Quote
risk your identity getting lost or even sold

However, with the airdrop in mind, we can't give away our token to US users, and that's where KYC comes into play. In accordance with GDPR you can have your data removed at any time.  

We are available to answer any questions you guys may!

anyway, they are not obliging everyone to join the airdrop program. it is still up to the user if he will participate or not. so if you value your privacy, you will not give your entry to a project that has no name yet in crypto.

and also, if Morpher is adhering to such regulations in your country, does it mean that you already have the registration of your company or license to undertake crypto trading business?


Title: Re: [ANN] We are Morpher, a trading platform for stocks built on the ETH blockchain.
Post by: bitpotter on March 19, 2020, 01:53:58 PM
Giving up KYC only for small airdrops? I guess that won't work. Especially now the market is in a state of collapse.


Title: Re: [ANN] We are Morpher, a trading platform for stocks built on the ETH blockchain.
Post by: pantek talacuik on March 19, 2020, 02:27:06 PM
March will end and nobody sees an update from the team and this thread is very quiet for investors to find out about the greatness of this project. Is this project not very interested by many people?

They are asking for KYC for their airdrop: 2,000 crypto worth a mere 60 $ which are probably some shitcoins, so be careful everyone, red flag don't join and risk your identity getting lost or even sold!

Caution is very important this is because fraud will continue to grow over time without security or a team that is indeed researching the project will develop or not. Hope that a team will come to inspect the project in this forum.


Title: Re: [ANN] We are Morpher, a trading platform for stocks built on the ETH blockchain.
Post by: FatFork on March 19, 2020, 03:06:46 PM
<snip>
However, with the airdrop in mind, we can't give away our token to US users, and that's where KYC comes into play. In accordance with GDPR you can have your data removed at any time. 

We are available to answer any questions you guys may!

There are countless other ways to eliminate US citizens from your airdrop, such as checking IP address, connecting with a profile on social networks, verifying address of residence by supplying utility bill, etc. Check with your legal department.
I don't feel comfortable giving away my personal documents to unknown brokers for worthless tokens, with the promise that one day they might worth a miserable ten or twenty bucks.
Would you do that?



Title: Re: [ANN] We are Morpher, a trading platform for stocks built on the ETH blockchain.
Post by: lizarder on March 19, 2020, 06:37:05 PM
https://i.gyazo.com/24d5450a785732f1efd7158f39c1dd39.png
btw do you cooperate with huptex and hexxchange? because I see your logo look same, I want to say coincidence, but this does not make sense, I think for those who already or want to follow this airdrop must do due dilligence first because this is only as a precaution.


Title: Re: [ANN] We are Morpher, a trading platform for stocks built on the ETH blockchain.
Post by: ivan_s on March 20, 2020, 02:16:24 PM
Thanks for the questions guys, here we go:

Quote
do you cooperate with huptex and hexxchange? because I see your logo look same
We set our logo when the company was founded April 2018 (Crunchbase (https://www.crunchbase.com/organization/morpher)). Don’t recall either of those projects being around, at least on our radar, back then. It is indeed coincidence (a lot of logos tend look similar (https://www.quora.com/Why-do-so-many-brand-logos-look-similar)) but glad you pointed them out so we can avoid confusion for our users!

Quote
There are countless other ways to eliminate US citizens from your airdrop, such as checking IP address, connecting with a profile on social networks, verifying address of residence by supplying utility bill, etc. Check with your legal department.
We have to perform KYC/AML checks like any other legitimate project that ensures compliance with existing securities, financial, and anti-money-laundering laws and regulations.
It’s our responsibility as company to ensure that everybody receiving our Airdrop is a real person from a country eligible to participate. Current US regulations do no permit US persons to participate in Airdrops if the underlying token may be classified as security in the US. As every US lawyer will confirm: geo-blocking IPs, utility bills, or social network profiles are NOT sufficient in the eyes of the SEC.
We are not looking to sell our token. We are giving a gift to people who are willing to prove they are real, non-US persons. As EU company we have to comply with GDPR. You can always have us delete your personal data if you change your mind.

Quote
Caution is very important this is because fraud will continue to grow over time without security or a team that is indeed researching the project will develop or not. Hope that a team will come to inspect the project in this forum.
The smart contracts are almost done being audited and will be open sourced for anyone to analyze with bug bounties of course. Our regulatory compliances and disclaimers are all being updated and will be in full view on the site. Whether you’re comfortable with EU regulations on crypto, finances, and privacy is up to you.

Quote
Giving up KYC only for small airdrops? I guess that won't work. Especially now the market is in a state of collapse.
At least of 50% of the total token supply will be in user’s hands. This isn’t happening overnight and airdrop is first step in that.

Quote
if Morpher is adhering to such regulations in your country, does it mean that you already have the registration of your company or license to undertake crypto trading business?
Morpher has taken all necessary steps to be compliant under current EU regulations (MiFiD II).


Title: Re: [ANN] We are Morpher, a trading platform for stocks built on the ETH blockchain.
Post by: pantek talacuik on March 20, 2020, 05:19:06 PM
Thanks for the questions guys,



Quote
Caution is very important this is because fraud will continue to grow over time without security or a team that is indeed researching the project will develop or not. Hope that a team will come to inspect the project in this forum.
The smart contracts are almost done being audited and will be open sourced for anyone to analyze with bug bounties of course. Our regulatory compliances and disclaimers are all being updated and will be in full view on the site. Whether you’re comfortable with EU regulations on crypto, finances, and privacy is up to you.



I will try to benefit greatly from this project and continue to monitor the developments that occur in this project. It looks like there will be a big change of the project for everyone. Maybe.


Title: Re: [ANN] We are Morpher, a trading platform for stocks built on the ETH blockchain.
Post by: Heroshema on March 21, 2020, 06:58:57 PM
I see your private message in my profile and searching for MORPHER reviews in the internet .. but I didn't found any thing  ::)

I don't know eoungh about it yet .. However, I will search for more information and maybe I will try it soon


Title: Re: [ANN] We are Morpher, a trading platform for stocks built on the ETH blockchain.
Post by: ivan_s on April 01, 2020, 02:03:19 PM
https://i.ibb.co/W5RZ5s0/Frame-4.png


We're putting the finishing touches on our platform, and expect to be launching soon, we have also added new components. First, we are excited to introduce our Knowledge Center (https://morpher.com/guide), which will serve as a knowledge base for some of the most commonly asked questions we receive.

Additionally, we are also introducing a community board where users can voice their opinions and suggestions. All of this you can find in our Community Page (https://community.morpher.com).