According to Foresight News, the consumer-grade public chain Morph and The Block jointly held the "Consumer Day" event at the ArtScience Museum at Marina Bay Sands in Singapore. Morph co-founder and COO Azeem Khan said in his keynote speech "Building a Healthy Blockchain Ecosystem" that "a healthy blockchain ecosystem should be a win-win business landscape for all parties. Specifically, it is necessary to first build a well-known blockchain and introduce incentives to convince builders to develop it; as builders successfully raise funds and build projects, they will create truly useful applications and raise more funds to further enhance the visibility of the project; as the user base increases, tokens will be launched and venture capital institutions will get returns; exchanges can also earn income by listing coins. However, there are many obstacles in the current crypto ecosystem, such as grant programs. Although Web3 fundraising is better than traditional Web2 It has more advantages, is more accessible and has no time and space limitations, but the amount of funds and support currently obtained by most projects is difficult to support their launch, establishment and expansion into a global company. Some project builders eventually become airdrop hunters, only building the same products on various blockchains to obtain donation support, but in the end no users benefit, and these projects are unlikely to become large-scale consumer applications. Builders must find a way to be more financially independent as a guarantee, so as to promote the prosperity and health of the entire crypto ecosystem. "
Morph is a global consumer network that serves as a resource distribution hub designed to support developers from project launch to large-scale market expansion.