Morpheus Launches $20 Million In Rewards For AI Compute Providers
Morpheus, a decentralized platform for deploying AI-driven “Smart Agents,” has launched a $20 million reward program for compute providers.
The initiative, announced following the rollout of Morpheus’ compute smart contracts to the mainnet, is part of the platform’s efforts to incentivize contributions to its decentralized AI ecosystem.
The rewards, distributed in the platform’s native token, MOR, are designed to encourage compute providers hosting AI large language models (LLMs) to support the network, according to a release shared with Benzinga.
The (CRYPTO: MOR) token, which is currently traded on platforms like Aerodrome, Uniswap (CRYPTO: UNI), and CoinEx, also entitles holders to a share of the network’s daily compute operations.
With over 5,000 token holders, Morpheus aims to sustain and expand its decentralized community.
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