The global consumer-grade public chain Morph allows blockchain applications to enter users' daily lives.

CN
1 year ago

Morph aims to reshape the entire Web3 landscape and create an ecosystem where consumer-friendly blockchain solutions can thrive.

The true measure of the impact of a technology lies not only in the advantages it creates, but also in how many people can truly access these opportunities and benefit from them.

Blockchain is a perfect example of a powerful yet underutilized technology. It has brought about a wave of revolutionary changes in decentralization, transparency, immutability, security, and data ownership across multiple industries. Unfortunately, the impact of blockchain on ordinary consumers is not significant. It is estimated that only 3.9% of the global population interacts with blockchain, which is in stark contrast to technologies like the internet or smartphones that seamlessly integrate into our daily lives.

The blockchain industry is experiencing the "adoption paradox." Despite its continuous remarkable technological leaps, widespread adoption remains distant. The fundamental reason is the disconnect between developer-centric blockchain design and consumer needs. A large amount of resources is invested in highly specialized technological innovations, which only result in marginal improvements, such as slightly increasing transaction speeds or enhancing consensus mechanisms. Instead of bringing us closer to mainstream adoption, these innovations often add complexity, leading to internal fragmentation of the ecosystem and inadvertently excluding consumers.

While there are indeed projects and plans targeting non-technical consumers, they are few in number and inevitably get lost in this market dominated by niche, developer-oriented solutions. Clearly, the market lacks a cohesive framework to bridge the gap between the potential of blockchain and the reality for consumers. The answer lies not in blindly building more, but in better connecting.

I. Industry Challenges: Overemphasis on Technology, Neglect of Consumer Needs

No matter how advanced or revolutionary a technology is, if it cannot benefit users, it remains just empty talk. Striving to improve the technical capabilities of blockchain without first or simultaneously addressing its accessibility issues is futile. Unfortunately, this phenomenon has become the norm in the development of blockchain, manifesting in different forms and trends, but all leading to the same adverse consequences.

Many project founders often exhibit a narrow technical focus, emphasizing higher TPS, sub-second finality, and other metrics, without addressing the challenges of user experience or lacking intuitive applications. Some companies fall into the TVL trap, pursuing high on-chain liquidity data but providing little actual value. The previously prevalent viewpoint that "if you build it, they will come" has now been proven to be a fallacy. Numerous projects that have since shut down were based on this assumption: technological superiority will drive adoption.

Unfortunately, the few projects that have not fallen into these traps also do not fare well. While founders attempt to build consumer-friendly blockchain applications, they face many difficulties and obstacles in a complex environment. Even the occasionally useful consumer applications struggle to gain high visibility.

A simple fact is that this wall of complexity will not be breached by a single killer app; instead, it must be countered by a powerful, coordinated, consumer-friendly blockchain product ecosystem. Until we achieve this goal, blockchain may forever remain a niche, limited to a small group of tech-savvy users. The coveted benefits of financial inclusion, data ownership, and decentralized governance that we pursue will remain unattainable. More worrisome is the competition from centralized alternatives. Governments and large companies have already begun leveraging the various advantages of blockchain without decentralization, creating increasingly insurmountable barriers for users on the path to self-sovereignty.

II. Morph's Response

Faced with such a dire situation, how does Morph change the status quo?

We firmly oppose the dominance of fragmented and misleading strategies in driving industry development. In these strategies, projects often narrowly focus on individual applications, leading to fragmented solutions and severe disconnect in user experience. Blockchain projects often operate independently, overlooking the broader consumer experience and the critical need for interoperability. This technological bias emphasizes improving the backend rather than user-facing functionality and also overlooks a fundamental principle: without prioritizing usability, even the most advanced technology cannot achieve widespread adoption.

Morph rejects this approach and instead adopts a balanced method, giving equal weight to the technical foundation and user experience. We believe that for blockchain to truly thrive and flourish, it must not only operate flawlessly behind the scenes but also be intuitive and user-friendly on the surface.

However, these different approaches do not fully reflect the unique role that Morph plays in the mainstream consumer adoption of blockchain. The inspiration for Morph comes not only from learning lessons from numerous mistakes within the industry but also from drawing experience from successes outside the industry.

Looking back at the development of personal computers (PCs), the rise of the PC revolution was not only due to the invention of better hardware or more powerful software but also because platforms like Microsoft (Windows) integrated everything into a cohesive, user-friendly environment. Windows did not compete with individual software developers; it provided a universal platform that allowed various applications to run smoothly, enabling millions of people to use computers.

In any technological field, true progress often depends not on isolated successes but on creating frameworks that connect and amplify these advancements for end users. This is where Morph stands out. Morph does not seek to create the next generation of blockchain or dApp but focuses on becoming the link between end users and the entire crypto ecosystem.

(1) Solution

Specifically, Morph is a "Global Consumer Layer." It acts as a resource allocation center, providing builders with the resources needed to launch and expand mass markets.

The concept of a consumer-level public chain far exceeds the scope of any previous single category (such as DeFi or GameFi). In fact, it is an overall framework that encompasses various subcategories, including the aforementioned categories and some other subcategories. The role of a consumer-level public chain involves not only collecting diverse applications that attract end users but also guiding the entire process from start to finish, including guiding the talent needed to drive consumer-oriented initiatives, shaping user-centric product design, obtaining necessary funding, and executing targeted marketing strategies to gain users and visibility.

Morph manages and provides all these critical components through a single accessible center, ensuring seamless integration of all aspects of the consumer experience.

(2) Key Turning Point for Industry Transformation

The development of the blockchain industry is at a critical moment, where the true potential of the technology is within reach, yet widespread adoption remains elusive. Over the past decade, we have made significant technological progress, but no application has led to mass consumer adoption. The value proposition of Morph is clear: Morph is the missing piece that bridges this gap, providing the industry with a comprehensive, consumer-centric solution it urgently needs.

While traditional projects operate independently, striving to build the next best blockchain or dApp, Morph takes a comprehensive approach. Morph recognizes that the challenges facing blockchain are not just technical but systemic. Fragmented solutions, lack of interoperability, and the extreme complexity of the ecosystem have erected barriers to new user entry. To dismantle these barriers, Morph not only needs to scale individual projects but also needs to create a link that connects the entire consumer ecosystem, making blockchain intuitive, user-friendly, and ultimately beneficial to ordinary users.

In this regard, Morph is in a unique position, as other projects still focus on the isolated advancement of single-point technologies and cannot address broader issues. Morph's goal is to reshape the industry landscape, allowing consumer blockchain applications to emerge and thrive within a cohesive and sustainable ecosystem.

III. Why Can Morph Become a Consumer-Level Public Chain?

To give oneself a high hat and set an ambitious goal, claiming to solve unprecedented challenges is very easy. However, Morph did not just stop at words but took action, meticulously designing a complete set of technological, service, and functional ecosystems that surpass other Ethereum L2 solutions. Morph has created a true consumer-level public chain, dedicated to bringing blockchain applications into reality and making them a part of users' daily lives.

Technical Foundation   

The core of Morph's consumer-level public chain is top-notch technological infrastructure. The "Responsive Validity Proofs" system enhances security and efficiency, achieving a balance that the blockchain industry has long been unable to reach. By combining the advantages of optimistic and zero-knowledge rollups, Morph has created a system that is not only secure but also economically efficient and user-friendly.

Building on this foundation, Morph's decentralized sequencer network further improves transaction processing while significantly reducing centralization risks. This network ensures that no single entity can monopolize or censor transactions, truly embodying the decentralized spirit of blockchain. Guiding all of this is Morph's modular design, which offers unprecedented flexibility and scalability. This design philosophy enables developers to build and maintain applications more efficiently, ensuring that each component can be independently upgraded without disrupting the entire system.

Builder Support

However, relying solely on technology cannot create a consumer-level public chain. Therefore, Morph has implemented a comprehensive "Builder Support Program."

Morph's "Talent Identification and Development Program" aims to cultivate the next generation of blockchain innovation talent. Through the "Ambassador Program," Morph is building a global network of advocates who can spread ideas and provide localized support. Morph's "Resident Entrepreneur Program" takes this initiative to a new level, providing visionary blockchain entrepreneurs with the resources and guidance they need to bring their ideas to life. The regular "Hackathon" events serve as a breeding ground for innovation, allowing Morph to discover emerging talent and provide creative solutions to real-world problems.

Morph provides robust learning and development resources for these programs. The Grant Program provides funding support for distinctive projects, allowing them to focus on development without enduring ongoing fundraising pressure. The RPGF (Retroactive Public Goods Funding) program takes a similar approach, rewarding impactful open-source contributions that benefit the entire ecosystem. For projects requiring more comprehensive support, Morph's incubator can provide end-to-end assistance from conception to launch and beyond.

Market Access Plan

Finally, Morph recognizes that even the best blockchain applications will struggle without proper market access. Therefore, Morph has developed a crucial Market Access Plan. The VC Alliance connects promising projects with potential investors, ensuring a stable flow of funds to support innovation. The CEX Partnership Organization addresses a critical dilemma faced by new projects, facilitating their listing on major cryptocurrency exchanges.

For example, Morph has a close relationship with Bitget (one of its core partners and investors), which means that Morph can reach Bitget's 40 million users. Therefore, projects built on Morph already have an advantage in user acquisition and visibility. Throughout the project's lifecycle, Morph provides ongoing technical support and guidance, leveraging expertise to help projects navigate the complex blockchain landscape.

This holistic approach, combining advanced technology, comprehensive builder support, and strategic market access, sets Morph apart as a true consumer-level solution and enables it to stand out.

IV. Vision of Morph  

Morph firmly believes that blockchain technology can fundamentally change the way people interact with digital services, manage assets, and participate in global communities. However, Morph also recognizes that this potential can only be realized when ordinary consumers can use and benefit from this technology. The long-term vision of Morph is to achieve a paradigm shift in the blockchain industry, transforming it from a technology-centric niche into an ubiquitous practical tool that improves the daily lives of millions of people.

Morph's mission is not just to build better blockchain infrastructure or applications. Morph's goal is to reshape the entire Web3 landscape, creating an ecosystem where consumer-friendly blockchain solutions can thrive. By providing the necessary resources, support, and visibility, Morph is laying the foundation for blockchain to become an indispensable part of everyday life, like smartphones or social media.

V. Joining the Morph Consumer-Level Public Chain

Morph's testnet is already live, and innovative projects are flourishing. As we prepare for the mainnet launch, there are several ways to interact with Morph:

  • Developers: Apply to our incubator or explore funding opportunities

https://www.morphl2.io/programs/ 

  • Users and enthusiasts: Join our "Ambassador Program" to increase project visibility

​​​​​​​https://www.morphl2.io/ambassadors 

Stay updated on the latest project developments:  

Whether you are a developer, investor, or blockchain enthusiast, there is a place for you in the Morph ecosystem. Join us and make blockchain an indispensable part of global consumer daily life.

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