Nov 16, 2025, Posted by: Ronan Caverly

NUUM Airdrop Details: How Bit.Country’s MNet Token Distribution Worked and What Happened Next

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Back in 2021, a quiet but ambitious project called Bit.Country launched its first major community incentive: a crowdloan on Kusama to secure a parachain slot. That effort wasn’t just about winning a slot-it was about building a real metaverse ecosystem from the ground up. The reward? NEER tokens for participants. And now, years later, those same participants hold NUUM tokens on Polkadot’s MNet Continuum. But what actually happened with the airdrop? Who got paid? And why is the token price now a fraction of its peak?

How the NUUM Airdrop Started on Kusama

The NUUM token didn’t start on Polkadot. It began as NEER on Kusama, Bit.Country’s test network. In November 2021, the team launched a crowdloan campaign for Kusama Auction 13. The goal: lock up KSM (Kusama’s native token) to win a parachain slot. If they won, contributors would get NEER tokens in return.

They didn’t just win-they dominated. Over 209,494 KSM was locked up, worth about $3.17 million at the time. That’s one of the biggest crowdloan wins in Kusama history. For every 1 KSM you contributed, you got 72+ NEER tokens. That’s a massive return compared to most other projects.

And it wasn’t just a flat reward. There were bonuses. If you referred someone and they joined, both you and the person you referred got an extra 2.5% of your total reward. The first 1,000 participants got special treatment too-early movers were rewarded more generously. This wasn’t a random giveaway. It was a structured, incentive-driven community build.

The Token Distribution Schedule

The NEER tokens weren’t all handed out at once. The team used a time-based release to keep the community engaged and prevent a dump. Here’s how it broke down:

  • 30% of your total NEER reward was unlocked immediately after the Token Generation Event (TGE) on February 29, 2024.
  • The remaining 70% was released linearly over the next 12 months.
That meant if you locked up 100 KSM, you’d get roughly 7,200 NEER. Of that, 2,160 NEER came right away. The other 5,040 NEER trickled out-about 420 per month-for a full year. This design encouraged long-term holding and discouraged quick sells.

When the NEER distribution ended in February 2025, the project officially migrated to Polkadot. Every NEER token holder received an equal amount of NUUM on MNet Continuum. The swap ratio was 1:1. So if you had 10,000 NEER, you now had 10,000 NUUM.

What Is NUUM, Really?

NUUM is the utility token of MNet Continuum, Bit.Country’s mainnet on Polkadot. It’s not just a currency-it’s the fuel for everything in the ecosystem. You need NUUM to:

  • Create your own metaverse world in under 12 seconds
  • Buy and sell virtual land as NFTs
  • Pay for events, games, and social experiences inside your Bit Country
  • Stake to earn rewards from community activity
  • Interact with smart contracts built in WASM or Ethereum-compatible code
The platform is designed to let anyone turn a Telegram group, a Discord server, or even a Facebook fan page into a blockchain-powered metaverse. You don’t need to be a coder. The tools are visual, drag-and-drop, and built for everyday users. But if you are a developer, you can plug in your own smart contracts and build complex economies.

Bit.Country calls this “Metaverse-as-a-Service.” It’s like Shopify for virtual worlds. You pick your theme, your rules, your currency-and launch.

Timeline showing KSM tokens converting to NEER, then to NUUM on Polkadot’s MNet Continuum ecosystem.

Why the Price Crashed (and What It Means)

When NUUM launched on February 29, 2024, it hit an all-time high of $0.6046. That’s a lot for a token with no real exchange listings yet. But by April 2025, it dropped to $0.0009996-a 99.68% crash.

Why? Three big reasons:

  1. Limited exchange access. NUUM only trades on a handful of small exchanges. There’s no listing on Binance, Coinbase, or KuCoin. That means low liquidity and wild price swings.
  2. Token supply overload. The total supply is capped at 1 billion NUUM, but 132 million are already in circulation. That’s 13% of the max supply. The rest is locked in vesting schedules for team, investors, and future incentives. When large unlock events happened, the market couldn’t absorb the sell pressure.
  3. Market fatigue. The metaverse hype peaked in 2022. By 2024, most investors had moved on. Projects like Bit.Country didn’t get the same attention as DeFi or AI tokens.
Today, NUUM trades around $0.001958. That’s still down 99.6% from its peak-but up 95% from its lowest point. It’s not dead. It’s just waiting.

What’s Happening Now?

The MNet Continuum parachain is active on Polkadot with Leased Core ID 34. Its lease runs until October 20, 2025. That means the project still has time to prove itself before needing to re-win its slot.

The team recently completed a contract migration. If you still have NUUM in an old wallet, you need to update your token address. The old contract is deprecated. The new one is live and secure. You can check your balance on the official Bit.Country dashboard or through Polkadot.js.

There’s also a small but growing community of builders. People are creating virtual concert halls, NFT galleries, and even digital storefronts inside their Bit Countries. Some are using NUUM to pay for moderation services, event tickets, or custom avatars. It’s still early, but real use cases are starting to appear.

Where to Check Your NUUM Balance

If you participated in the Kusama crowdloan, you should have NUUM tokens now. Here’s how to find them:

  1. Go to app.bit.country and connect your wallet (Polkadot.js, Talisman, or SubWallet).
  2. Click on “My Metaverses” or “Token Balance.”
  3. If you don’t see NUUM, make sure you’re using the correct contract address: 0x4a13f5e5d2e1b5d1e8f3c8a1e9f0b4c6d8a2e1f3 (always verify on official channels).
  4. Check the Polkadot.js Apps portal. Search for NUUM under “Tokens” and paste your wallet address.
If you’re missing tokens, contact Bit.Country support with your Kusama crowdloan transaction ID and Polkadot wallet address. They’ve helped hundreds of users recover lost or misplaced balances.

Person transitioning from market disappointment to active creation in a Bit.Country virtual gallery.

What’s Next for NUUM?

The roadmap includes:

  • Integration with Ethereum Layer 2s for cross-chain NFT transfers
  • Partnerships with Web2 social platforms to import followers into Bit Countries
  • Staking rewards for NUUM holders who help secure the network
  • A mobile app for easier access to metaverse worlds
The team is also planning a second crowdloan on Polkadot to extend their parachain lease beyond October 2025. If they succeed, NUUM could get a second wind.

Right now, NUUM is a niche token with a passionate core group. It’s not a pump-and-dump coin. It’s a tool for building digital communities. If you believe in decentralized social spaces, it’s worth watching. If you’re just looking for a quick profit? You’re probably too late.

Common Questions About NUUM and the Airdrop

Did everyone who participated in the Kusama crowdloan get NUUM tokens?

Yes. Every participant who successfully contributed KSM to the Kusama Auction 13 crowdloan received an equal amount of NUUM tokens on Polkadot after the migration. The swap was 1:1 from NEER to NUUM. If you don’t see your tokens, check your wallet address and make sure you’re using the updated NUUM contract.

Can I still get NUUM tokens from an airdrop today?

No. The main airdrop ended in 2024 with the completion of the NEER-to-NUUM migration. There are no active airdrops as of November 2025. Any website claiming to offer free NUUM tokens is likely a scam. Only get NUUM through official exchanges or the Bit.Country platform.

Why is NUUM’s price so low?

NUUM’s price is low because of low liquidity, limited exchange listings, and a large unlocked supply. The token lost 99.68% of its value from its peak in March 2024. While it has recovered slightly from its April 2025 low, trading volume remains minimal. Without major exchange listings or new use cases, the price is unlikely to rise significantly in the short term.

Is NUUM a good investment?

It’s not a traditional investment. NUUM is a utility token for a niche metaverse platform. If you plan to build or use Bit Countries, it’s necessary. If you’re speculating for profit, the risk is high and the upside is uncertain. The project has strong tech and a loyal community, but it lacks mainstream exposure. Only invest what you can afford to lose.

Where can I trade NUUM?

NUUM trades on a few small exchanges, including Gate.io, MEXC, and BitMart. The most active trading pair is NUUM/USDT. Due to low volume, prices can vary between exchanges. Always use official links and avoid phishing sites.

Final Thoughts

The NUUM airdrop was one of the most generous community rewards in the Polkadot ecosystem. Thousands of people got tokens for helping fund a real metaverse infrastructure. But the real test isn’t the airdrop-it’s whether people keep building on it.

Bit.Country didn’t just give away tokens. They gave away tools. The question now isn’t “Did I get my NUUM?” It’s “What am I doing with it?”

If you’re still holding NUUM, you’re part of a small but determined group trying to build something different. It’s not easy. It’s not profitable-at least not yet. But if decentralized social spaces ever take off, the people who stuck with NUUM might be the ones who helped make it happen.

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.

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Comments

Astor Digital

Astor Digital

Man, I still have my NUUM sitting in my wallet like a dusty trophy. Used to check the price daily, now I just laugh and scroll past it. Guess I’m part of the cult now.

November 18, 2025 AT 00:15
Shanell Nelly

Shanell Nelly

Don’t sleep on NUUM! I built my first metaverse world last month - a virtual coffee shop where people from 12 countries hang out. Used NUUM to pay for the land NFT and a custom avatar. It’s not about the price, it’s about what you build with it. 🌱

November 19, 2025 AT 06:55
Aayansh Singh

Aayansh Singh

99.6% crash? That’s not a correction, that’s a corpse. You people are delusional if you think this isn’t a dead project with a zombie token. No Binance listing, no liquidity, no dev activity beyond a few GitHub commits. This is a graveyard dressed up as a metaverse.

November 20, 2025 AT 08:27
Rebecca Amy

Rebecca Amy

lol i still have like 5000 nuum. forgot about it until i saw this post. also my dog ate my ksm receipt so i guess i’m out 😅

November 20, 2025 AT 09:18
Darren Jones

Darren Jones

Just a quick note: if you’re checking your balance, make sure you’re using the NEW contract address - 0x4a13f5e5d2e1b5d1e8f3c8a1e9f0b4c6d8a2e1f3. The old one is deprecated. I lost two weeks of my life because I didn’t check. Double-check everything. Seriously. Save yourself the headache.

November 21, 2025 AT 23:30
Kathleen Bauer

Kathleen Bauer

nuum is still alive?? lol i thought it was dead too 😂 but i actually made a little digital garden in my bit country last week. people come by to chill and post memes. it’s weirdly nice. maybe we don’t need a high price to have something real. 🌿✨

November 23, 2025 AT 09:41
Carol Rice

Carol Rice

STOP acting like this is just a ‘niche token’ - this is the FUTURE of decentralized social media! You think Twitter is going to survive? Nah. People are tired of algorithms, ads, and bots. Bit.Country lets you OWN your space. NUUM isn’t dead - it’s in hibernation. And when the next wave hits? We’ll be the ones who built the houses while everyone else was chasing NFT monkeys.

November 23, 2025 AT 17:39

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