Sep 2, 2025, Posted by: Ronan Caverly

Caduceus CMP Airdrop Details: How the Old Event Worked and What Happened After

Caduceus CMP Airdrop Value Calculator

Airdrop Value Calculator

Calculate how much your Caduceus CMP tokens were worth during the airdrop (2022) and their current value. Note: This project failed to deliver on its promises and tokens have minimal value today.

Important Note: This project failed to deliver on its promises. All airdrops ended in 2022 and no longer exist. Any claims for a "2025 Caduceus Airdrop" are scams.

Back in 2022, the Caduceus project ran a series of airdrops for its CMP token - the CMP airdrop - that drew thousands of participants. Today, those events are long over, but if you’re wondering whether you missed out, what happened to the tokens, or if there’s any value left, here’s the full breakdown based on real data from the time.

What Was the Caduceus CMP Airdrop?

The Caduceus Metaverse Protocol (CMP) was designed as a blockchain-based platform for decentralized edge rendering in metaverse gaming. The idea was simple: reduce lag in virtual worlds by shifting rendering power from centralized servers to users’ devices. It wasn’t just another NFT project - it claimed to solve real technical problems in gaming metaverses. To build a community, they ran multiple airdrops across exchanges like MEXC and CoinMarketCap.

The main airdrop events targeted two token types: CAD (Caduceus Protocol) and CMP (Caduceus Metaverse Protocol). The CMP token was the one tied to the metaverse ecosystem. Most of the airdrops focused on CMP, not CAD.

How Did the Airdrops Actually Work?

There were three major campaigns. Each had different rules, rewards, and participation methods.

  • MEXC New M-Day Event (CMP Airdrop): This one gave away 62,000 CMP tokens. Winners were chosen by lottery - 950 people got 50 CMP each. That’s $0.31 per token at the time. You didn’t need to buy anything, but you had to have a MEXC account and complete basic tasks like following their social channels.
  • CoinMarketCap Airdrop: This was bigger in scale but smaller in payout. 62,500 CMP tokens were split among 12,500 winners. Each got 5 CMP tokens. The requirement? Just sign up on CoinMarketCap and verify your email. No holding tokens needed. It was one of the easiest airdrops to join in mid-2022.
  • MEXC Kickstarter Voting (CAD Airdrop): This wasn’t for CMP. It was for CAD, the protocol token. Participants had to hold MX tokens (MEXC’s native token) between 1,000 and 500,000. They voted for Caduceus to be listed, and the top voters shared a 50,000 USDT prize pool. This wasn’t a direct CMP airdrop, but it helped raise awareness.

How Many People Got Tokens?

Between the two main CMP campaigns, roughly 13,450 people received tokens. That’s 950 from MEXC’s lottery and 12,500 from CoinMarketCap. The total CMP distributed in these events was 124,500 tokens. Add in the CAD airdrop, and the total token giveaway exceeded 174,500 tokens plus $50,000 in USDT.

For context, the total supply of CMP was 1 billion tokens. These airdrops accounted for just 0.012% of the total supply - small, but strategically placed to attract early adopters.

What Was the Value of CMP at the Time?

When the airdrops ran (June-July 2022), CMP was trading around $0.003 to $0.006 per token. That meant:

  • 5 CMP tokens = $0.015 to $0.03
  • 50 CMP tokens = $0.15 to $0.30
Not life-changing money. But for a free airdrop with zero investment? It was a low-risk, low-reward play. Many people treated it like a lottery ticket - sign up, forget about it, and hope for a surprise.

Minimalist metaverse city half-built with floating price tags and empty wallets, roadmap crossed out.

What Happened After the Airdrops?

The Token Generation Event (TGE) for Caduceus happened on July 26, 2022. After that, the project went quiet. The team didn’t release major updates, and the metaverse platform never launched. By late 2023, the project’s website had minimal activity. The GitHub repository hadn’t been updated in over a year. Community Discord channels faded.

The market cap dropped to under $100,000. Trading volume hovered around $70,000 per day - low for any project, let alone one that promised to revolutionize metaverse rendering. As of October 2025, CMP is still listed on CoinMarketCap at #4383, with a price near $0.0062. That’s roughly the same as it was in 2022.

The 82.27 million CMP tokens (91.41% of supply) were unlocked early. That means most of the tokens went to investors, not users. The airdrop recipients got a tiny slice. If you held onto your 5 or 50 CMP tokens, you’re sitting on less than $0.30 today. No one’s trading them. No one’s using them.

Was the Airdrop a Scam?

No - but it was a missed opportunity. The team raised $4.17 million across 10 funding rounds. That’s real money. They had technical ambition: decentralized edge rendering could’ve been useful. But execution failed. There was no roadmap update. No product demo. No partnerships with gaming studios. The airdrops felt like a marketing tactic to create artificial hype - not a genuine community-building effort.

Compare this to other metaverse projects like The Sandbox or Decentraland. They had clear use cases, active developers, and real players. Caduceus had press releases and token giveaways. That’s not enough.

Can You Still Claim CMP Tokens?

No. All airdrop campaigns ended in 2022. MEXC and CoinMarketCap have since archived the events. The official Caduceus website is inactive. There’s no official way to claim tokens now.

If you see someone claiming “CMP airdrop 2025” or “claim your old Caduceus tokens,” it’s a scam. Don’t connect your wallet. Don’t send any crypto. The project is dead.

Small user token held next to giant stack of investor tokens, symbolizing unequal distribution.

What Should You Do With Old CMP Tokens?

If you still hold CMP tokens in your wallet:

  • Don’t panic. The value is negligible.
  • Don’t trade them. Liquidity is near zero. You won’t find buyers.
  • Consider deleting the wallet address or hiding it. It’s not worth the clutter.
  • Use the experience as a lesson: Only participate in airdrops from projects with active development, clear roadmaps, and real users.

Why Did Caduceus Fail?

Three reasons:

  1. No product: They never launched the metaverse platform. No game. No demo. No testnet.
  2. Overpromised: Decentralized edge rendering sounds impressive - but they never showed how it worked better than existing tech.
  3. Bad token distribution: 91% of tokens went to insiders. Airdrop recipients got crumbs.
It’s a textbook case of a project that raised money, ran a few airdrops, and disappeared.

What’s the Lesson Here?

Airdrops aren’t free money. They’re marketing tools. If a project spends more on airdrops than on development, it’s a red flag. The best airdrops come from projects that already have working products - not ones that need you to believe in their whitepaper.

Today, the only real value from the Caduceus CMP airdrop is the warning it gives: don’t chase hype. Look for code, not coins.

Was the Caduceus CMP airdrop real?

Yes, the Caduceus CMP airdrop was real. It ran in mid-2022 through MEXC and CoinMarketCap. Thousands of people received tokens - 50 CMP per winner on MEXC, 5 CMP per winner on CoinMarketCap. But the project never delivered on its promises, and the tokens are now worthless.

Can I still claim my old Caduceus CMP tokens?

No. All airdrop campaigns ended in 2022. The official websites and platforms have removed the claim portals. Any site claiming to offer a 2025 Caduceus airdrop is a scam. Never connect your wallet to unknown links.

How much were CMP tokens worth during the airdrop?

During the airdrop in mid-2022, CMP traded between $0.003 and $0.006 per token. So 5 CMP was worth about 1-3 cents, and 50 CMP was worth 15-30 cents. The value hasn’t changed much since - it’s still around $0.0062 as of 2025.

Why did Caduceus fail?

Caduceus failed because it never built its product. It raised $4.17 million but never launched a working metaverse platform. The team didn’t update its website, GitHub, or community channels. Most tokens went to insiders - not users. Without a product, no one cared.

Should I participate in future airdrops like this?

Only if you’re okay with losing time, not money. Airdrops are low-risk, but only worth it if the project has real development activity - updated code, public roadmaps, and active users. Avoid projects that rely only on marketing, social media buzz, or token giveaways. Look for substance, not slogans.

Author

Ronan Caverly

Ronan Caverly

I'm a blockchain analyst and market strategist bridging crypto and equities. I research protocols, decode tokenomics, and track exchange flows to spot risk and opportunity. I invest privately and advise fintech teams on go-to-market and compliance-aware growth. I also publish weekly insights to help retail and funds navigate digital asset cycles.

Write a comment

Comments

Will Atkinson

Will Atkinson

Wow, this is such a heartbreaking story - like watching a fireworks show that fizzles out halfway through. I remember signing up for that CMP airdrop like it was yesterday, thinking, 'Hey, free crypto, why not?' But man, the silence after the TGE… it was eerie. Like everyone just vanished into thin air. I still have those 5 CMP tokens in my wallet - not because I believe in them, but because they’re a little monument to naive hope. We all need those sometimes, right?

September 2, 2025 AT 04:43
monica thomas

monica thomas

It is imperative to underscore the fact that the Caduceus initiative, despite its ostensibly noble technological aspirations, ultimately failed to manifest any substantive deliverables. The absence of a functional metaverse platform, coupled with the conspicuous lack of developer engagement and transparency, renders the airdrop not merely ineffective, but emblematic of a broader pattern of speculative tokenomics devoid of foundational utility.

September 2, 2025 AT 04:45
Edwin Davis

Edwin Davis

THIS IS WHY AMERICA IS LOSING IN TECH. We let these fake blockchain scams take our time, our attention, our wallets. Meanwhile, China’s building real infrastructure. India’s deploying AI at scale. And we’re sitting here chasing 5-cent tokens like it’s 2021. Wake up. This isn’t innovation - it’s digital snake oil sold to people who think ‘metaverse’ means a fancy screensaver.

September 2, 2025 AT 04:48
emma bullivant

emma bullivant

so… like… i think the real issue here isnt even the project failing… but how we as a community just… accept it? like we get airdropped 5 tokens and then just… move on? no one even asks why? no one holds them accountable? i think we’re all just too tired to care anymore. i mean… i still have my 50 cmp… but i dont even open my wallet anymore. its like a ghost in my browser. sad.

September 2, 2025 AT 04:50
Michael Hagerman

Michael Hagerman

Okay, so let me get this straight - a team raises $4 million, throws a party with airdrops, then vanishes like it was a bad Tinder date? And now we’re supposed to feel bad for them? No. No, no, no. This isn’t a tragedy - it’s a farce. And the worst part? We all showed up to the party with our wallets open. We were the suckers who brought the snacks.

September 2, 2025 AT 04:53
Laura Herrelop

Laura Herrelop

Did you know that 91% of the tokens were unlocked for insiders? That’s not a distribution - that’s a heist. And the airdrops? They weren’t to build a community. They were to create the illusion of legitimacy - a smokescreen so the insiders could dump their bags before the rug got pulled. I’ve seen this script before. In 2017. In 2021. Now again. The same names. The same lies. The same wallets. The only difference? We’re all older now. And still… we fall for it. Because we want to believe.

September 2, 2025 AT 04:55
Nisha Sharmal

Nisha Sharmal

India has built real blockchain projects that run on actual infrastructure. Caduceus? A joke. A Western scam dressed up as innovation. You people think free tokens are magic? We have real developers here building decentralized grids, not chasing 3-cent airdrops like children chasing ice cream trucks. Learn from us - build, don’t beg.

September 2, 2025 AT 04:58
Karla Alcantara

Karla Alcantara

I just want to say - if you still have those CMP tokens, don’t feel bad. You didn’t lose anything. You gave your time, and that’s valuable. The real loss was the trust we put into projects that didn’t deserve it. But hey - you learned. And that’s more than most people get. Keep going. Keep being curious. Just… maybe check the GitHub before you sign up next time. 😊

September 2, 2025 AT 05:00
Jessica Smith

Jessica Smith

Don’t be soft. This wasn’t a failure - it was a crime. They raised millions, ran a fake community, and vanished. That’s fraud. Not incompetence. Fraud. And the fact that CoinMarketCap and MEXC let this happen? They’re complicit. If you still hold CMP, delete it. And if you ever see another airdrop from a team with zero code commits? Block it. Report it. Burn it. No more pity. No more second chances.

September 2, 2025 AT 05:03
Petrina Baldwin

Petrina Baldwin

Still holding 50 CMP. Worthless. But I keep it. As a reminder.

September 2, 2025 AT 05:05
Ralph Nicolay

Ralph Nicolay

It is regrettable that the Caduceus initiative failed to achieve its stated objectives. However, one must consider the broader macroeconomic context of 2022 - a period marked by extreme volatility, regulatory uncertainty, and capital flight from speculative assets. While the project’s execution was suboptimal, it is not entirely fair to ascribe malice where systemic factors may have played a more significant role.

September 2, 2025 AT 05:08
sundar M

sundar M

Bro, I remember when I got my 5 CMP - I told my cousin in Delhi, 'Hey, we’re part of the future!' He laughed and said, 'What future? You got free tokens, not a product.' And you know what? He was right. But I’m not mad. I learned. Now I check if a project has more than 10 commits a month before I even think about signing up. And if their Discord is dead? I scroll past. We all gotta grow, right? 🙌

September 2, 2025 AT 05:10
Nick Carey

Nick Carey

Ugh. I did the CoinMarketCap one. Took me 2 minutes. Got 5 tokens. Forgot about it. Now I see this post and I’m like… why am I still reading this? It’s like reading a eulogy for a toaster that never turned on. Let it go. Move on. Your wallet will thank you.

September 2, 2025 AT 05:13
Sonu Singh

Sonu Singh

bro i got 5 cmp too… i thought it was gonna be big… then i checked their github… 1 commit in 2023… zero in 2024… i deleted the wallet. no regrets. but man… i miss when crypto felt like a community, not a casino. we got lazy. we stopped asking 'why?' and just took the free stuff. lesson learned.

September 2, 2025 AT 05:15
Peter Schwalm

Peter Schwalm

If you’re holding CMP, here’s what I’d do: screenshot your balance, then archive the wallet. Don’t delete it - keep it as a trophy of what not to do next time. But here’s the good part - you’re now wiser than 90% of the people who jumped into the next airdrop after this. That’s real value. You didn’t lose money. You gained awareness. That’s the win.

September 2, 2025 AT 05:18
Brody Dixon

Brody Dixon

I didn’t even know I got the airdrop until I saw this post. I had forgotten I even signed up. I checked my wallet - yep, 5 CMP. Still there. I didn’t panic. Didn’t sell. Didn’t cry. Just smiled. I gave them my time. They gave me nothing. Fair trade. I’m not bitter. Just… done. Next time, I’m waiting for a live demo before I even click 'claim'.

September 2, 2025 AT 05:20
Mike Kimberly

Mike Kimberly

The Caduceus CMP airdrop was not merely a failed initiative - it was a microcosm of the entire Web3 bubble of 2021–2023. It represented the conflation of marketing with innovation, of token distribution with community building, of press releases with product development. The project’s collapse was inevitable, not because of technical limitations alone, but because the underlying philosophy was fundamentally flawed: the belief that perception can substitute for substance. We were not users - we were data points in a vanity metric. And now, the metrics are gone. But perhaps, in their absence, we are learning to value the real: code, commitment, and consistency.

September 2, 2025 AT 05:23
angela sastre

angela sastre

Hey - if you got those 5 tokens, you’re not alone. I got mine too. I still have them. I don’t trade them. I don’t even look at them. But I keep them because they remind me to ask: ‘Who’s building this?’ before I sign up for anything. Next time? I check their Twitter. Their GitHub. Their Discord. If it’s quiet? I move on. No guilt. No FOMO. Just smarter. And hey - if you’re reading this? You’re already ahead of the curve. 💪

September 2, 2025 AT 05:25

SHARE

© 2025. All rights reserved.