What function does the CMP token serve in Caduceus?

Venus1100

Active member
The Caduceus Metaverse protocol's native token, CMP, is an essential component of the Caduceus Metaverse ecosystem. CMP serves as a link between the physical and digital worlds, in our opinion.

In order to exchange the GPU processing power offered by Caduceus global computing nodes, use massive computing resources flexibly, increase computing efficiency, shorten rendering cycles, and obtain higher-quality metaverse development scenarios at a significantly reduced cost, enterprise users can use CMP. In order to develop a C2B open system that allows any networked devices to contribute idle GPU processing capabilities, Caduceus employs CMP as a reward. This system then expands Caduceus global computing nodes to finally achieve supply and demand between businesses and users with mutual benefits.

Additionally, CMP can be utilized on the Caduceus chain as a circulation medium for ecological applications. For instance, the 3D NFT brand HAPE has made CMP available as a circulation medium so that project supporters can interact with the application directly and boost the liquidity further.

On platforms including Daolaunch, PlaySky, Safelaunch, DaoStarter, and GameStarter, $CMP has already achieved a variety of records for quickest sales and 100x over-subscription rates. On July 25, the CMP token will also be made available on MEXC as a Caduceus partner. The launch of the pledge feature of decentralized computing power nodes, where users can pledge CMP and get ecological application tokens and NFTs, is one of the token-related mechanisms that will also be disclosed in Q2-Q3 2022.CMP token is listed on MEXC Exchange. People can trade it as their wishes.
 
Top