Home News

CMP Caduceus Event Airdrop Details: How to Claim Old Rewards and What Happened to the Project

CMP Token Value Calculator

Token Value Calculator

Current price: $0.006225 USD (December 2025)
Initial price: $0.02 USD (July 2022)

Value Comparison

Current Value: $0.00
Airdrop Value (July 2022): $0.00
Loss Since Airdrop: 0%

Based on data from the article: The CMP token was initially priced at $0.02 in July 2022. Current price as of December 2025 is $0.006225. The project's value collapsed due to over-supply and lack of utility.

Back in 2022, the Caduceus project launched a series of airdrops tied to its CMP (Caduceus Metaverse Protocol) token. These weren’t just random giveaways-they were strategic moves to build a community around a metaverse platform promising decentralized edge rendering. If you’re reading this now in late 2025, you might be wondering: CMP airdrop-was that real? Did anyone get paid? And is there any chance to claim those tokens today?

The short answer: yes, the airdrops happened. But they’re long over. And the project, as it stood then, has largely faded from public view. This isn’t a guide to claiming new rewards. It’s a post-mortem of what went down, who got what, and why it matters-even if you missed it.

What Was the CMP Airdrop?

CMP stood for Caduceus Metaverse Protocol. It was the native token of a blockchain-based metaverse project aiming to solve one of the biggest problems in virtual worlds: lag. Traditional metaverse platforms rely on centralized servers, which cause delays when thousands of users interact at once. Caduceus claimed to fix this with decentralized edge rendering-basically, offloading rendering tasks to users’ devices and nearby nodes instead of one central server. Think of it like a peer-to-peer video stream, but for entire virtual worlds.

The token was introduced during the Token Generation Event (TGE) on July 26, 2022. Around the same time, Caduceus ran three major airdrop campaigns across different platforms. Each had different rules, different rewards, and different winners.

Three Major Airdrop Campaigns

There were three big airdrops tied to CMP. None were official on Caduceus’s own site. All happened through third-party exchanges.

  • MEXC New M-Day Event: This campaign distributed 62,000 CMP tokens. Winners were chosen by lottery-950 people got one ticket each, worth 50 CMP tokens. That’s $310,000 worth of tokens at today’s price (assuming $0.006225 per CMP). The campaign required no deposit, just registration and holding MX tokens on MEXC. The odds? Roughly 1 in 1,000 if you had 1,000 MX tokens.
  • CoinMarketCap Airdrop: This was the largest in terms of participants. 62,500 CMP tokens were split among 12,500 winners. Each got 5 CMP tokens. That’s $31,000 total. The process was simple: sign up on CoinMarketCap, complete basic tasks (like following social accounts), and wait. No token holdings required. Thousands signed up. Most got nothing.
  • MEXC Kickstarter Voting: This one was for CAD, not CMP. Caduceus had two tokens: CAD (Protocol) and CMP (Metaverse). This campaign offered a 50,000 USDT prize pool for voting on whether MEXC should list CAD. Participants needed to hold MX tokens (1,000 to 500,000) and commit their voting power. Winners got USDT, not tokens. It was a listing vote, not a token distribution.

So if you were active on CoinMarketCap or MEXC in mid-2022, you might have been eligible. But if you didn’t act during those windows-say, between May and August 2022-you missed it. There was no second chance.

Who Got the Tokens?

The airdrops weren’t random. They targeted specific audiences.

The CoinMarketCap campaign went after crypto newcomers-people who followed news sites, watched YouTube tutorials, and signed up for free tokens. The MEXC lottery targeted active traders on that exchange who already held MX, the platform’s native token. These weren’t casual users. They were people who understood exchange mechanics.

Here’s what the winners got:

  • 5 CMP tokens (CoinMarketCap): Worth about $0.03 at launch, now worth $0.031.
  • 50 CMP tokens (MEXC lottery): Worth $0.31 at launch, now worth $0.31.
  • USDT (MEXC Kickstarter): Worth exactly what it said-50,000 USDT total distributed to hundreds of winners.

Most winners didn’t hold onto their tokens. CMP never gained traction on major exchanges. Trading volume stayed under $100,000 daily. By late 2023, most wallets holding CMP were inactive. The tokens are still technically on the blockchain-but they’re worthless in practice.

Three comic panels show failed airdrop campaigns with tokens dissolving into pixels and coins flooding out.

What Happened to Caduceus?

The project had promise. A $4.17 million raise across 10 funding rounds. A team with experience in distributed systems. A real technical angle: decentralized edge rendering. But execution lagged behind hype.

After the TGE, the team disappeared from public updates. No major metaverse platform launched. No partnerships announced. No whitepaper updates. The website still exists, but it’s static-like a museum piece from 2022.

Token unlock data shows 91.41% of CMP tokens were released early. Core contributors had access to 82.27 million out of 90 million tokens. That’s a massive amount of supply flooding the market. With no demand, the price collapsed from an initial $0.02 to $0.006225-and stayed there.

Market cap? $86,000. Rank on CoinMarketCap? #4383. That’s lower than most meme coins with no utility.

The airdrops weren’t a scam-they were real. But they were a marketing tool to generate buzz, not a path to long-term value. The project ran out of steam, and the community moved on.

Can You Still Claim CMP Tokens?

No.

All airdrop campaigns ended in 2022. There are no active claims. No official portal. No extension. The smart contracts that distributed the tokens are frozen. The wallets that received them are either empty or sitting idle.

If someone tells you they can help you claim old CMP tokens, they’re lying. It’s a common scam tactic: “I can recover your lost airdrop for a small fee.” Don’t fall for it. You can’t claim what’s already been distributed-and what’s already worthless.

Check your wallets from 2022. If you see CMP tokens, they’re still there. But they’re not tradeable. Not usable. Not valuable. They’re digital ghosts.

An owl perches on a crumbling blockchain monument marked 'R.I.P. CADUCEUS 2022' under a moonlit sky.

What Can You Learn From This?

Caduceus is a case study in how even well-funded blockchain projects can fail.

Here’s what went wrong:

  • Too much focus on airdrops, not on product. They spent more on marketing than on building the metaverse.
  • No clear use case. What could you do with CMP? Buy virtual land? Play a game? Upgrade your avatar? No one knew.
  • Over-supply of tokens. 91% unlocked early crushed the price before demand could grow.
  • No transparency. No roadmap updates. No team disclosures. No progress reports.

It’s easy to get excited about free tokens. But free doesn’t mean valuable. And if a project doesn’t deliver a real product within 6-12 months of its airdrop, it’s likely dead.

Today, the only value left in CMP is as a cautionary tale.

What’s Next for Metaverse Tokens?

Caduceus isn’t the only metaverse project that flopped. Decentraland, The Sandbox, and others have also struggled to find mainstream adoption. But the idea isn’t dead.

Projects like Star Atlas and Illuvium are still active. They’ve built real games with real economies. They’ve locked up token supplies. They’ve delayed airdrops until the product was ready.

If you’re looking for metaverse projects now, ask yourself:

  • Is there a working game or app I can use?
  • Do people actually play it, or is it just a token?
  • Is the team active on Discord and Twitter?
  • Is the token supply locked or unlocked?

Don’t chase airdrops. Chase products.

Final Thoughts

The CMP airdrop was real. The tokens were real. The hype was real. But the project wasn’t.

If you participated, you got a small amount of tokens that are now worth pennies. If you didn’t, you didn’t miss much.

This isn’t a story about lost money. It’s a story about misplaced trust. A project that promised the future but never built it.

Today, the blockchain space moves faster than ever. New projects launch every week. Most fail. A few survive. The ones that survive don’t rely on airdrops to survive-they rely on real users, real utility, and real progress.

Learn from Caduceus. Don’t just collect tokens. Build something better.

Did anyone actually make money from the CMP airdrop?

A few people made small profits if they bought MX tokens to enter the MEXC lottery and sold their 50 CMP tokens right after distribution when the price briefly spiked. But most participants held onto the tokens and lost money as the price dropped. The CoinMarketCap winners got 5 CMP each-worth less than 5 cents today. No one got rich.

Is CMP still tradable on any exchange?

CMP is still listed on MEXC and a few small decentralized exchanges, but trading volume is under $1,000 per day. Liquidity is extremely low. You can technically sell it, but you’ll likely get less than $0.005 per token. No major exchange like Binance or Coinbase supports it.

Can I still register for a Caduceus airdrop?

No. All airdrop campaigns ended in 2022. The official website hasn’t updated since then. Any site claiming to offer a current CMP airdrop is a scam. Never give away your private keys or pay a fee to claim “unclaimed” tokens.

Why did Caduceus fail when other metaverse projects survived?

Caduceus never launched a working product. Other projects like Star Atlas or Illuvium had playable games before token launches. Caduceus had whitepapers and promises, but no game, no world, no users. Without a product, tokens have no utility-and without utility, they have no value.

What’s the current price of CMP?

As of December 2025, CMP trades at approximately $0.006225 USD. The market cap is around $86,000, and daily trading volume is under $100,000. It’s ranked #4383 on CoinMarketCap, meaning it’s one of the least traded tokens in the entire crypto space.

Related Posts

29 Comments

  • Image placeholder

    Nelson Issangya

    December 7, 2025 AT 04:37

    Man, I remember signing up for that MEXC thing like it was yesterday. Got my 50 CMP and thought I hit the lottery. Turns out it was just a fancy digital receipt for a dead project. Still, I’m glad I didn’t pay for it-free tokens are free tokens, even if they’re ghosts now.

    At least I learned not to chase hype. Now I only look at what people are actually building, not what they’re giving away.

  • Image placeholder

    jonathan dunlow

    December 8, 2025 AT 17:11

    Let me tell you something-this isn’t just about CMP. This is a microcosm of the entire crypto space right now. Everyone’s obsessed with airdrops like they’re free money, but nobody’s asking: ‘What’s the actual product?’ Caduceus had a cool idea-decentralized edge rendering-but they skipped the hard part. They didn’t build a world. They didn’t build a game. They didn’t even build a demo. They just printed tokens and threw them into the wind like confetti at a funeral.

    And now? The wallets are cold. The Discord is dead. The website’s a tombstone. The real lesson here? If you can’t show me something I can interact with in 6 months, your token is just a spreadsheet with a blockchain label. Don’t be the next Caduceus. Build. Ship. Iterate. Or shut up.

  • Image placeholder

    Chris Mitchell

    December 10, 2025 AT 16:35

    Airdrops aren’t rewards. They’re attention hooks.

    Caduceus didn’t fail because of bad tech. They failed because they confused marketing for momentum.

  • Image placeholder

    rita linda

    December 10, 2025 AT 21:10

    Look, if you didn’t hold MX tokens, you were never meant to win. This wasn’t for the masses-it was a loyalty play for MEXC’s top traders. The CoinMarketCap thing? Pure theater. They knew 99% of people wouldn’t even check their wallets afterward. And they were right.

    Don’t blame the project. Blame yourself for thinking free crypto meant free value. This is capitalism with a blockchain veneer. The only ones who profited were the ones who sold immediately. Everyone else? Just data points in their growth chart.

  • Image placeholder

    Martin Hansen

    December 12, 2025 AT 06:38

    Wow. So the entire metaverse dream was just a fancy way to dump tokens on people who didn’t know better? And now we’re supposed to feel bad for missing out?

    Newsflash: you didn’t miss anything. You just avoided losing money on a vaporware project that didn’t even have a decent logo. I’ve seen this movie before. The ‘revolutionary’ tech. The ‘disruptive’ team. The ‘once-in-a-lifetime’ airdrop.

    They all end the same. With a 0.006225 token and a lot of silence.

  • Image placeholder

    Scott Sơn

    December 13, 2025 AT 09:25

    THEY PROMISED A METAVESSE-AND GAVE US A DIGITAL GRAVEYARD.

    I can still hear the hype: ‘Edge rendering! Decentralized! No lag!’ But where’s the world? Where’s the avatar? Where’s the damn spaceship you could fly? All I got was a .json file named ‘CMP_Airdrop_Winners_2022’ and a sinking feeling in my gut.

    This wasn’t innovation. It was a magic trick where the rabbit was never there to begin with. And now? The magician’s on a beach in Bali, laughing while we check our wallets like fools.

    Next time I see ‘free tokens,’ I’m hitting block. Hard.

  • Image placeholder

    Sandra Lee Beagan

    December 14, 2025 AT 06:45

    I remember getting my 5 CMP from CoinMarketCap. Thought it was a nice gesture. Turned out it was just a digital thank-you card from a company that vanished.

    Still, I’m not mad. I learned something: free things come with hidden costs. In this case, the cost was my trust. I won’t sign up for another airdrop without checking the team’s GitHub, their last Discord post, and whether their whitepaper has more buzzwords than actual sentences.

    Also… I still have the tokens. Just in case they wake up one day. 😅

  • Image placeholder

    Ben VanDyk

    December 14, 2025 AT 18:17

    There’s a grammatical error in the post. ‘They weren’t just random giveaways-they were strategic moves’ - that hyphen should be an em dash or a comma. Minor, but it undermines credibility when the rest of the piece is so meticulously researched.

    Also, ‘$310,000 worth of tokens at today’s price’ - you mean *if* the price were still $0.006225, which it is, but you didn’t specify the date of that price. Unclear sourcing. Still, overall, solid analysis.

  • Image placeholder

    Barb Pooley

    December 15, 2025 AT 05:04

    Okay, but what if this was all a government-backed crypto experiment to test how fast people will trust anything with ‘blockchain’ in the name?

    I’m not saying it’s a conspiracy, but… why did the team disappear right after the airdrop? Why no updates? Why no one answering questions? And why is the website still live but frozen in 2022 like some kind of digital time capsule?

    Something doesn’t add up. I’ve seen this pattern before. It’s not just bad luck. It’s a pattern. And if you’re not asking the hard questions, you’re part of the problem.

  • Image placeholder

    Shane Budge

    December 15, 2025 AT 08:42

    Did anyone actually use CMP for anything?

  • Image placeholder

    sonia sifflet

    December 16, 2025 AT 09:09

    You people are so naive. This wasn’t a project failure-it was a strategic exit. The team raised $4M, distributed tokens to create fake demand, then cashed out before the rug pull. The fact that you still think this was ‘real’ means you’ve never read a crypto whitepaper. They didn’t want to build a metaverse. They wanted to build a exit liquidity event. And they succeeded.

    Don’t cry about lost tokens. Cry about lost wisdom. Next time, check the token unlock schedule before you even click ‘claim.’ 91% unlocked? That’s a red flag bigger than a 2021 meme coin.

  • Image placeholder

    Chris Jenny

    December 16, 2025 AT 22:17

    They knew. They ALL knew. The team, the investors, the exchange partners-they all knew this was never going to launch. They just needed bodies to sign up, wallets to fill, and volume to fake. This is how they laundered trust. And now? The whole system is rigged. The airdrop wasn’t a giveaway-it was a trap. And you walked right in.

    I told my cousin in Lagos: ‘Don’t touch it.’ He didn’t listen. Now he’s broke and mad. I told him: ‘Free crypto is the most expensive thing you’ll ever get.’ He still doesn’t get it.

    They’re not building the future. They’re harvesting your attention. And you’re the product.

  • Image placeholder

    Uzoma Jenfrancis

    December 17, 2025 AT 20:04

    Look, I’m Nigerian. We’ve seen this before. Airdrops are just the new ‘Nigerian prince’ email. Only this time, they use blockchain jargon instead of broken English. You think you’re getting something free? You’re just giving them your email, your social handles, your wallet address.

    They don’t care if you get tokens. They care if you give them access. And now your wallet is on a list. Next time? It won’t be 5 CMP. It’ll be a phishing link disguised as a ‘claim portal.’

    Don’t be the next victim. Walk away. Always walk away.

  • Image placeholder

    Elizabeth Miranda

    December 19, 2025 AT 18:17

    I never claimed the tokens. But I read the whole thing. It’s a good reminder that not every shiny thing is worth your time.

    Still… I kind of miss when crypto felt like a community. Now it just feels like a casino with a whitepaper.

  • Image placeholder

    Chloe Hayslett

    December 21, 2025 AT 11:49

    Oh wow. A post about a dead crypto project that didn’t even have a decent Discord server. How original. Did you also write a 10-page essay on why MySpace didn’t win?

    At least MySpace had memes.

  • Image placeholder

    Jonathan Sundqvist

    December 22, 2025 AT 19:25

    Same. Got the 50 CMP. Sold it for $0.20 when it spiked after the airdrop. Bought a pizza. Ate it. Forgot about it.

    Best $0.20 I ever spent.

  • Image placeholder

    Thomas Downey

    December 23, 2025 AT 20:53

    It is a lamentable testament to the degeneracy of modern financial ecosystems that such a project-however technically plausible-could garner millions in funding, deploy a token, and vanish without a trace, leaving behind a trail of digital ephemera and disillusioned participants. The absence of accountability, the lack of fiduciary integrity, and the normalization of speculative vaporware as legitimate investment vehicles constitute not merely a failure of execution, but a moral collapse of the crypto ethos.

    One must ask: if a project cannot be held to the standards of transparency and stewardship, does it deserve to exist?

  • Image placeholder

    Annette LeRoux

    December 24, 2025 AT 20:33

    It’s wild how many of us still keep those old tokens in our wallets like souvenirs 🫠

    ‘Oh, I still have my CMP…’
    Yeah. Me too. And my LUNA. And my FTX. And my TerraUSD.

    Maybe we’re not collectors. Maybe we’re just sentimental about the people we were when we believed in the future.

  • Image placeholder

    Vincent Cameron

    December 26, 2025 AT 07:45

    What’s the difference between a failed project and a successful one? Timing? Tech? Team?

    No. It’s whether the community stays alive after the hype dies.

    Caduceus didn’t die because the tech failed. It died because no one cared enough to keep it alive.

    And that’s the real lesson.

  • Image placeholder

    Krista Hewes

    December 28, 2025 AT 06:03

    i never got the airdrop but i read this whole thing and it made me feel like i did lol

    also i think i spelled ‘metaverse’ wrong in my notes from 2022. whoops.

  • Image placeholder

    Mairead Stiùbhart

    December 28, 2025 AT 10:30

    Oh, so this is what ‘crypto winter’ looks like? A graveyard of half-baked promises and forgotten wallet addresses?

    Reminds me of the time I invested in a ‘revolutionary’ smart toaster. It never toasted. But hey, at least I got a free NFT of a loaf of bread.

    Still waiting for my refund. 😏

  • Image placeholder

    Doreen Ochodo

    December 28, 2025 AT 14:36

    Free tokens. No risk. No reward.

    Just a reminder: if it sounds too easy, it probably is.

  • Image placeholder

    Holly Cute

    December 28, 2025 AT 19:47

    Let’s be real: the only reason this post exists is because someone still has CMP in their wallet and is hoping for a miracle.

    And the fact that you’re reading this? You’re already in the cult. You’re not here to learn. You’re here to convince yourself it’s not dead yet.

    Here’s the truth: the tokens are worthless. The team is gone. The community is a ghost town. The only thing left is your hope. And hope? That’s the most expensive asset of all.

    Let it go. Or keep it. Either way, you’re not getting your money back.

    But hey-maybe next time you’ll check the token unlock schedule before you click ‘claim.’

    …or maybe not. I mean, where’s the fun in that?

  • Image placeholder

    Josh Rivera

    December 29, 2025 AT 00:23

    Wow. A whole post about a dead project. And you’re surprised people didn’t get rich?

    Bro. This isn’t a tragedy. It’s a comedy. The team had a whitepaper, a Discord, and a Twitter account. That’s the entire business plan.

    I’m just glad I didn’t waste my time. I spent 2022 playing Animal Crossing. At least that had cute animals.

    Also, ‘decentralized edge rendering’? That’s just ‘let’s make everyone’s PC lag even more.’ Genius.

  • Image placeholder

    Neal Schechter

    December 29, 2025 AT 22:34

    For anyone still holding CMP: check your wallet balance. If it’s still there, you’re fine. If it’s gone, you were likely phished.

    Don’t chase it. Don’t try to ‘claim’ it. Don’t pay anyone to help. Just move on.

    And if you’re thinking about joining a new airdrop? Ask: ‘What can I actually DO with this token?’ If the answer is ‘nothing,’ walk away.

  • Image placeholder

    Tisha Berg

    December 30, 2025 AT 15:04

    I never got the airdrop. But I’m glad someone wrote this.

    It’s a good reminder to be kinder to ourselves when we get burned.

    We believed. That’s not stupid. It’s human.

  • Image placeholder

    Billye Nipper

    December 31, 2025 AT 01:30

    Okay, but… what if the project is just… sleeping? 😔

    I mean, what if they’re just taking a break? Like, maybe they’re rebuilding in secret? Like, maybe the team is just… quiet? I still have my 50 CMP… I just… I don’t want to let go…

    …I know it’s probably gone. But I just… I still check my wallet every day.

    …I’m sorry. I’ll stop now.

  • Image placeholder

    Nelson Issangya

    January 1, 2026 AT 10:36

    That last comment hit me right in the chest.

    We don’t hold onto these tokens because we think they’ll rise.

    We hold them because we still believe in the version of ourselves who believed in the dream.

    It’s not about the money.

    It’s about the hope.

  • Image placeholder

    Annette LeRoux

    January 2, 2026 AT 03:33

    Exactly. 🫂

    We’re not hoarding crypto.

    We’re hoarding memories.

    And that’s okay.

Write a comment

Your email address will not be published