Morpher Token Airdrop FAQ

How does the airdrop work?

We created the airdrop to give Morpher Tokens to as many people as possible. The goal is to give away at least 50% of all Morpher Tokens.

The first 10,000 people to successfully register for the airdrop will get 2,000 tokens. Every user after that will get at most 1,000 tokens with the amount decreasing with more sign ups. First users to sign up and pass KYC are also more likely to get earlier access to the investment app.

To register for the airdrop you need to:

  • Have a valid email
  • Be over 18 years old
  • Have valid ID to pass a KYC/AML check
  • Live outside the United States (see terms & conditions for full list of restricted countries)

What are Morpher Tokens?

Morpher is built on the Ethereum blockchain, and Morpher Tokens are an Ethereum based cryptocurrency (an ERC20 token to be precise). This means Morpher Tokens are compatible with most crypto wallets and can be listed on all major exchanges.

Morpher Tokens power our unique trading platform. They're used as the currency for investments. All trades are settled in Morpher Tokens instead of USD or Bitcoin.

Are Morpher Tokens worth anything?

Yes, Morpher Tokens are estimated at $0.03/token based on a private pre-sale. This price is subject to change once the tokens become listed on secondary crypto exchanges. Morpher Tokens will from then on be priced by trading activity on these exchanges. We can't guarantee the tokens will be worth $0.03 USD once you receive them in the airdrop, but that's our best estimate of their value right now.

Why are you giving away free tokens? What's the catch?

Morpher Tokens are a crucial part of the Morpher platform, so we wanted to distribute them to people that are interested in using Morpher. Our mission is to democratize finance, and that's hard to accomplish if you put a price tag on entry. It's another way we're trying to remove barriers from trading and investing.

When will I actually receive the tokens?

The Morpher Tokens can be redeemed when the live trading platform launches. This is happening very soon. We opened the airdrop only once we were completely confident in our tech and blockchain architecture.

Can I sell Morpher Tokens for dollars/euros?

Yes, you will be able to convert Morpher Tokens into fiat currency through one of our exchange partners. We are building out third-party crypto exchange support with the launch of the platform.

Why do I need to pass KYC/AML?

This is how we can guarantee that we have enough tokens to give out to real people instead of bots and spammers. It also helps us prevent signups from countries that we don't support yet.

What does "Maximum Users Reached" mean?

We have a maximum number of spots in the Airdrop for residents of different countries. This is set at our discretion with the goal of having enough space in the Airdrop for users all around the world. These user limits are usually temporary, and if you signup for the waitlist we will let you know as soon as more spots are available in the Airdrop.

Why am I on the waitlist? How do I get the Airdrop?

Don't worry, we usually have enough space for more Airdrop users within a few days of people joining the waitlist. We will email you as soon as you can join! If you can't wait, try to find an invite link from an existing user.

Why can't I sign up from my country?

Not every region can be supported at launch, but we're working hard to expand global compliance. Morpher is based in Austria so we're focused on European regulations. We hope to support more global customers soon.

How can I earn more tokens?

You will get a custom link after signing up. For every friend that signs up using your link, we'll give you another 1,000 tokens (the reward drops to 500 tokens after 10,000 sign ups). There is no limit to how many friends you can refer, so there's no limit to how many tokens you can earn until supply runs out.

Return to Airdrop

Virtual Futures: Any financial markets mentioned are only available as Virtual Futures. All mentions of buying, selling, or shorting markets refers to placing long or short stakes on Virtual Futures that represent those markets. Virtual Futures are synthetic instruments, built using Ethereum blockchain protocols, that grant users exposure to the price development of various assets. Virtual Futures' prices can be derived from stocks, currencies, commodities, indices, cryptocurrencies, ETFs, as well as other alternative investment assets. Unlike actual futures, Virtual Futures can track their underlying market in perpetuity and do not expire. Virtual Futures do not provide ownership of the underlying markets that they emulate. They do not represent a share or other claim with respect to an investment undertaking. Virtual Futures are not tradable, transferable, or standardized. Virtual Futures are also not based on a contractual relationship. Virtual futures are not derivatives, CFDs, securities, derivative securities, money-market instruments, or any other financial instrument under MiFID II and the Austrian Securities Supervision Act. Virtual Futures are not options, futures, swaps or forward rate agreements because there is no obligation for future performance at a certain or designated future date.

Portfolio Value: Your investment portfolio on Morpher is not a bank insured deposit. Returns are not guaranteed, your portfolio may lose value. All investments are denominated in Morpher Tokens and subject to related currency risks (see below). You are the custodian of your own funds, Morpher does not safeguard any private cryptographic keys on behalf of users, including wallets that hold Morpher Tokens. Users who choose to interact with the Morpher blockchain protocols retain full control over their private keys.

Currency Risk: Your account with Morpher will be held in Morpher Tokens (an ERC20 cryptocurrency), accordingly you should be aware of cryptocurrency price fluctuations. Morpher Tokens could result in a loss for the user placing a trade on the Virtual Future, even if the prediction of the underlying's development was correct.

No Counterparty: Morpher Labs is not an exchange, market maker, or brokerage firm. Users place trades by interacting directly with a Virtual Future. The blockchain protocol accepts all orders instantly and automatically. There is no counterparty to a Virtual Future or need for matching with other orders. Users can close their positions instantly and automatically, without the need to find a counterparty or intermediary for their trade.

Supported Markets for Trading: Markets mentioned on this page are used as an example of the type of markets Virtual Futures can be based on. Actual markets available on the Morpher trading platform may vary.