The Journey of MORSE : From Launch to Future Innovations

Morse , popularly known as the sidekick of Mitosis is a DN-404 token , a new mechanism allowing users to hold part of a Nft in fungible tokens. In this sense , when you hold a certain whole number of the fungible token , the corresponding amount will be automatically minted as Nft in your wallet.

It all started in early Q2 , 2024 when the Mitosis team decided to introduce the campaign for believers and rewarded everyone according to their participation. It was quite a ride , a 10 weeks campaign and as certain, those who did more task, got more Morse token when the campaign wrapped up .

Insights on Morse token

Morse as in NFT has a total supply of 10,000 and as of date, an estimate of 3,500 have been introduced through community participation . Participation like Kaito yapping , discord weekly raffle , Some certain role holders getting $Morse monthly , etc . Over time , the community have had the chance to explore different traits as they can acquire random Nft when they get a whole number of Morse fungible token. Each time a holder of $Morse token balance goes below 1 or a certain whole number, the NFT(s) in the user wallets get burnt and if topped up back, a new one will be minted.

What Morse has been offering to the community

• Holders of Morse gets 1.3x boosts on Mitosis expedition
• Morse holders got WL spots for some notable nft project in the name of Tuzi and Raccoon as of recent
• Morse holders got Xp boost on the community engaged Game of MITO ( GOM ) . This gave the holders a good edge ahead of others

How to acquire Morse

The Morse token can be acquired on popular Dex like Uniswap and Jumper with the contract address:

• 0xe591293151ffdadd5e06487087d9b0e2743de92e

And you can acquire the NFT alone if you want to on top NFT marketplace like Opensea with the contract address:

• 0x027da47d6a5692c9b5cb64301a07d978ce3cb16c

What's next in line for the Morse ? Burn

The team have brought up a proposal to burn 2,223 Morse , a significant 22.23% of the total supply to enhance the token value and utility.

This process will last for 150 days whereby the burn pattern will be in quadratic acceleration ( slow starts and increase overtime )

However, this will only be happening on the Fungible token preserving the 10,000 NFT components.

Morse genesis : The next big thing for Morse holders

Not long ago the Morse team introduced a private telegram group for the long committed Morse community members

The eligibility criteria are

• Holding MORSE NFTs for 100+ days (it must be more than 100 days since you linked your wallet to Expedition and activated the MORSE Boost)
• Owning > 3 MORSE NFTs

If eligible, follow the procedure to join the telegram group .

To sum up, i think the Morse holders are in for a treat from the parent project itself and other ecosystem projects so it might pay out holding a piece of this collection