Morpheus Labs and Tiny Island Productions (TIP) signs a Memorandum of Understanding (MOU) exploring the possibilities of entering the Metaverse realm.
By: Morpheus Labs
Tags: Metaverse, Cryptocurrency, Blockchain, Business, Nft

Morpheus Labs and Tiny Island Productions (TIP) signs a Memorandum of Understanding (MOU) exploring the possibilities of entering the Metaverse realm. Morpheus Labs Dec 30, 2021·4 min read

Morpheus Labs is pleased to announce the signing of Memorandum of Understanding (MOU) with Tiny Island Productions (TIP). The signing of MOU signifies that both Morpheus Labs and Tiny Island Productions (TIP) will support one another in marketing related activities when appropriate; both parties will also explore collaboration in the blockchain solution development such as metaverse based on the solutions and products offered by both parties.

This opens new opportunities for both Morpheus Labs and TIP to tap on each other’s strengths for their business development and progress ahead. There are many opportunities for both parties to leverage each other’s strengths, especially in a world where blockchain, metaverse and gaming collide. Furthermore, the bi-partisan MoU also includes a common valued partner; HUAWEI CLOUD Singapore.

Tiny Island Productions (TIP) is a computer graphic (CG) animation production company based in Singapore, with over 19 years of animation experience and specializing in both CG and stereoscopic 3D productions. Some notable award-winning projects of Tiny Island Productions are Dream Defenders television series and Ben 10: Destroy All Aliens, which attained the prestigious ‘Best 3D Animated Program’ category at the 2012 Asian Television Awards.

Wikipedia link: https://en.wikipedia.org/wiki/Tiny_Island_Productions

Tiny Island Productions has indicated interest in venturing into the metaverse and had also signed a MOU with a leading global provider of information and communication technology infrastructure, Huawei. TIP will be able to leverage on HUAWEI CLOUD’s resources to support and create their immersive virtual experience.

Tiny Island Productions (TIP) will also be able to branch out to the different metaverse applications to meet their business objective with the versatile and flexible Morpheus Labs (ML) SEED Sandbox. ML SEED offers a security mechanism for running separate programs to minimize system failures and/or software vulnerabilities’ from spreading.

Having both ML SEED and HUAWEI CLOUD, TIP will be able to pivot and navigate with ease around the various blockchain networks to meet their metaverse requirements using ML SEED while having access to world-class cloud technology by Huawei.

Therefore, allowing TIP to pioneer and increase their competitive advantage and leave a digital footprint in the up-and-coming exciting Web3.0 era.

David (left), founder of Tiny Island Productions together with Pei Han (right), CEO of Morpheus Labs after the signing of the MOU in December 2021.

This MOU with Tiny Island Productions is a testament that Morpheus Labs is not only able to cater to customers in the Financial Services Industry (FSI), but also leading companies in the media and entertainment industry with its core product, ML SEED. Companies can experience the wonders and simplicity of blockchain exploration, in one place, just by using ML SEED.

“This unique opportunity between Tiny Island Productions (TIP) and Morpheus Labs is second nature. We (Morpheus Labs) are in the blockchain realm, crossing paths with TIP whose strengths lie in animation, concept design which is essential in the metaverse (blockchain) realm. This accelerates both parties’ agenda with mutual respect as both parties continue to make strides in the metaverse (gaming) realm. Our MLSeed platform and TIP expertise, who work with renowned international clients, is a good match in the metaverse space.”

Pei Han, CEO of Morpheus Labs

“We are very grateful to have this relationship with Morpheus Labs. They have been a great advisor. They will definitely be a great help in building our Metaverse project. Morpheus Labs solution, the MLSeed platform is a good tool in aiding in the development of our Metaverse quest in the blockchain realm. Furthermore, the team at Morpheus Labs and Tiny Island Production share common partners like HUAWEI CLOUD and the macro goals are aligned with each other”

David Kwok, CEO and founder of Tiny Island Production

Providing the convenience and a more efficient allocation of scarce resources. Cost saving can be achieved by utilizing ML SEED platform instead of sourcing for various solutions by different providers to explore which solution would best suit the prospective companies.

Morpheus Labs is thrilled and is looking forward to the partnership with Tiny Island Productions. This exciting collaboration opens many new doors of opportunity for both companies and increases each other’s competitive advantage. Morpheus Labs is confident that their core product, ML SEED will continue to attract other high-profile companies and establish many more exciting partnerships.

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Important links:

Tiny Island: https://www.tinyisland.net/

Morpheus Labs: www.morpheuslabs.io