# MOR 20 Fair Launch Standard

The Morpheus community is deeply committed to the open-source ethos, valuing transparency, collaboration, and shared innovation. In line with these principles, **MOR20**, the generalized version of Morpheus Smart Contracts, has been introduced for free community use. 

Any project, whether within or beyond the realms of Web3 and AI can leverage MOR20 to kickstart their initiative with ease by creating an Automated Recurring Revenue stream powered by the Techno Capital Machine engine, which is highly attractive to both projects and capital providers.

#### Key benefits of MOR20 include:

* **Effortless Fair Launch:** Simplifies the creation of fair launches for projects.
* **Out-of-the-Box Infrastructure:** Provides ready-to-use infrastructure.
* **Audited and Battle-Tested Contracts:** Ensures security and reliability.
* **Fair Price Discovery:** Offers a fair pricing mechanism and access to the vast network effects of the Morpheus community.
* **Customizable Contracts:** Projects can tailor contracts to fit their specific goals and requirements.
* **Versatile Revenue Model:** The MOR20 model can be extended to various project types, enabling recurring revenue or payments from users via yield-bearing assets.

Projects bootstrapping with MOR20 contribute **0.35% of the generated yield** to Morpheus [protocol-owned-liquidity-pol](https://gitbook.mor.org/tokenomics/protocol-owned-liquidity-pol "mention"), providing ongoing support to the ecosystem. 

Recent projects launched using MOR20 contracts include [**AO**](https://ao.arweave.dev/#/mint) **on Arweave** and [**Nounspace**](https://www.nounspace.com/homebase), collectively collected over **150,000 stETH**.

<figure><img src="https://2371043446-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fl7W52NNhIIACGv1fus80%2Fuploads%2Fp66zplmpdUofmyxo1MhA%2FScreenshot%202024-09-10%20124930.png?alt=media&#x26;token=83171f4a-4cec-4dfb-a309-53d838a434d6" alt=""><figcaption><p>AO Fair Launch Dashboard</p></figcaption></figure>

You can find the full Smart Contract description on [mor-20-contracts](https://gitbook.mor.org/smart-contracts/documentation/mor-20-contracts "mention")page and related security audits on [security-audits](https://gitbook.mor.org/security-audits "mention")

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For a deeper understanding of the concept, read the following documents:

* [MOR20 Value Proposition](https://github.com/MorpheusAIs/Docs/blob/main/!KEYDOCS%20README%20FIRST!/Capital%20Providers%2C%20MOR20%2C%20TCM/MOR20%20Value%20Proposition.md#introduction)
* [Research paper "MOR20 A Standard for Recurring Protocol Payments and Payouts in Web3"](https://github.com/MorpheusAIs/Docs/blob/main/!KEYDOCS%20README%20FIRST!/Capital%20Providers%2C%20MOR20%2C%20TCM/MOR20%20A%20Standard%20for%20Recurring%20Protocol%20Payments%20and%20Payouts%20in%20Web3.pdf)
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