On March 7, 2018, Loopring Protocol and Morpheus Wallet announced a partnership agreement. Morpheus will support Loopring tokens to create an integrated solution for the NEO and Ethereum blockchains.
The Morpheus Wallet is a desktop wallet built on top the NEO blockchain, which allows the user to access their NEO, GAS, and NEP-5 tokens, such as Narrative, Ontology, and Thor, as well as Bitcoin and Litecoin. In Q2 of 2018, Morpheus plans to expand functionality to support the store and trade of Ethereum tokens. Additionally, the wallet integrates real-time price data of various cryptocurrencies.
The Loopring Protocol seeks to provide a decentralized and automated execution system to allow users to trade across exchanges. Loopring’s LRC token is an ERC-20 based token, though there’s a plan to develop native tokens for the NEO (LRN) and Qtum (LRQ) blockchains. The LRN and LRQ tokens will be airdropped to LRC holders in Q2 of 2018. The LRC, LRN, and LRQ native tokens seek to allow seamless trading among tokens operating on top of the three platforms.
The Morpheus wallet will support the Loopring LRN airdrop. To receive the airdrop, users will need to bind their NEO and ETH addresses through the process outlined in a tutorial posted on the Loopring Medium. The binding process will be simplified when Loopring delivers their wallet, scheduled to occur in April of 2018.
For more information about Loopring, visit their website, Twitter, Telegram (English), Telegram (Chinese), Medium, or Reddit.
For more information about Morpheus, visit their website, Facebook, GitHub, or Twitter.
About The Author: Dylan Grabowski
Dylan is a reformed urban planner with a passion for covering the Neo ecosystem. His objective as a writer for Neo News Today is to report news in an objective, fact-based, non-sensational manner. When not behind a computer screen, he can be found in the mountains rock climbing. Find Dylan on Twitter (@GrabowskiDylan).
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