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

December 9, 2025

NUUM Token Calculator

Airdrop Mechanics Explained

For every 1 KSM staked during the MNet crowdloan, you received 72 NEER tokens. After migration to Polkadot, NEER converted 1:1 to NUUM.

Rewards were split: 30% released immediately, 70% vested over 12 months.

Historical Value Context

NUUM's price dropped dramatically from its peak of $0.6046 (March 2024) to current $0.001958. That's a 99.68% decline from peak value.

When you hear "airdrop," you might think of free crypto handed out like candy. But the NUUM airdrop by Bit.Country wasn’t just a giveaway-it was the backbone of a whole new kind of internet. Built on Polkadot and tested first on Kusama, MNet (Metaverse.Network) promised to turn social groups into self-governing digital nations. And the NUUM token was its lifeblood.

How the NUUM Airdrop Actually Worked

The real airdrop didn’t happen on Polkadot. It started on Kusama, through the MNet Pioneer network. Back in 2021, Bit.Country ran a crowdloan to secure a parachain slot on Kusama. People staked their KSM (Kusama’s native token) to help MNet win Auction 13. In return, they got NEER tokens-MNet’s testnet reward token-as compensation.

The reward rate? Over 72 NEER per 1 KSM staked. That’s not small change. If you put in 10 KSM, you got more than 720 NEER. And it wasn’t just a one-time payout. The distribution was split: 30% went out right after the Token Generation Event on February 29, 2024. The other 70% was locked and released slowly over 12 months. This kept early supporters engaged and prevented a massive sell-off.

There was even a referral bonus. If you brought someone else in, both you and them got 2.5% extra in NEER. That’s 5% total, split evenly. The first 1,000 participants got special treatment too-extra rewards just for being early.

From NEER to NUUM: The Migration

NEER was always meant to be temporary. It was the test version. When MNet moved to Polkadot’s main network-MNet Continuum-the real token, NUUM, took over. This wasn’t a simple rename. It was a full contract migration. Users had to update their wallet addresses to claim NUUM tokens based on their NEER holdings. The conversion rate was 1:1: one NEER equaled one NUUM.

If you didn’t claim your NUUM by the deadline, you lost it. No exceptions. Bit.Country made this clear in multiple announcements, but many still missed it. That’s why today, the circulating supply of NUUM is listed as 132.43 million, even though the max supply is capped at 1 billion. A lot of tokens are still locked, unclaimed, or held by early participants who haven’t moved them.

What NUUM Is Actually Used For

NUUM isn’t just a trading token. It’s the fuel for Bit.Country’s metaverse platform. Think of it like Ethereum’s ETH, but for virtual worlds you build yourself. You use NUUM to:

  • Buy and sell digital land in your own "Bit Country"
  • Pay for NFTs created by your community
  • Participate in play-to-earn games inside 3D spaces
  • Stake to earn rewards from community activity
  • Vote on governance proposals for your metaverse
Bit.Country lets you turn a Telegram group, a Discord server, or even a Facebook fan page into a blockchain-based world in under 12 seconds. That’s the magic. You don’t need to code. You just pick a theme, name your country, and start adding features. Want a concert stage? Add it. Want a marketplace for fan art? Done. All powered by NUUM.

Community builders creating metaverses using NUUM tokens in a glowing futuristic hub.

Why the Price Plunged-and Why It’s Still Alive

NUUM hit an all-time high of $0.6046 in March 2024. That was just after the TGE and hype from the crowdloan success. Today, it trades around $0.001958. That’s a 99.68% drop. It’s brutal. But here’s the thing: price doesn’t tell the whole story.

The project didn’t die. It evolved. The team kept building. The MNet Continuum parachain is still active on Polkadot, with its lease confirmed until October 20, 2025. The infrastructure works. Developers can still deploy WASM and Ethereum-compatible smart contracts. Users still create worlds. The app still runs. The problem? Liquidity. Daily trading volume is only $8.84K. Most NUUM is locked up, not traded.

Compare that to NEER, which trades only on Gate.io with a max volume of $18,400. Neither token has major exchange listings. That’s not a sign of failure-it’s a sign of a project still in early adoption. The people using NUUM aren’t speculators. They’re creators, community leaders, and builders. They’re not selling. They’re using.

Who Still Holds NUUM-and Why

The biggest holders aren’t exchanges. They’re:

  • Early crowdloan participants who never cashed out
  • Team members and developers with locked vesting schedules (30M NUUM reserved for future incentives)
  • Community leaders who built metaverses and hold NUUM to run them
  • Investors who believe in the long-term vision of decentralized social networks
The team’s vesting schedule is strict. Employee tokens are locked for up to 24 months with linear releases. That means no sudden dumps. Even the $58.56K worth of unlocked employee tokens hasn’t flooded the market. This isn’t a project trying to pump and dump. It’s one trying to build something real, slowly.

Creator in a cozy digital lounge surrounded by their self-built metaverse powered by NUUM.

Is NUUM Worth Anything Today?

If you’re looking to flip NUUM for quick profit, the answer is no. The market is too thin. The volume is too low. The price swings are unpredictable.

But if you’re looking to build something-like a fan community, a gaming guild, a digital art collective-then NUUM is still the only tool that lets you do it on-chain, without needing to code. You can create a world where your members earn tokens for posting, voting, or attending events. You can sell NFTs that give access to private spaces. You can make your group self-sustaining.

That’s rare. Most platforms charge you to build. Bit.Country lets you build and own it. NUUM is the currency that makes that possible.

What’s Next for NUUM and MNet

The next phase is integration. Bit.Country is working on connecting its metaverses with other Polkadot projects. Think of it like linking your website to Google Analytics-but for virtual worlds. You’ll be able to move assets, users, and data between different Bit Countries and other parachains.

There’s also talk of expanding beyond Polkadot. If the ecosystem grows, they might launch bridges to Ethereum or Solana. That could unlock new liquidity. But for now, they’re focused on making MNet Continuum stable, secure, and usable.

The real test isn’t the price. It’s whether someone new to crypto can log in, create a world, invite their friends, and start earning NUUM just by hanging out. If that happens, the token will find its value-not because traders buy it, but because people need it to live in their own digital nations.

Was the NUUM airdrop real, or was it just a scam?

The NUUM airdrop was real. It was tied to the MNet Pioneer crowdloan on Kusama, where users staked KSM to help secure a parachain slot. In return, they received NEER tokens, which were later converted 1:1 to NUUM on Polkadot. Thousands of people participated, and the distribution was publicly verifiable on-chain. While the token’s price has crashed, the underlying infrastructure still functions, and the project continues development.

Can I still claim NUUM tokens from the airdrop?

No. The official claim window closed after the Token Generation Event on February 29, 2024. Users had to migrate their NEER tokens to NUUM within a set timeframe. If you didn’t do it by then, your tokens are no longer claimable. The Bit.Country team has not reopened the claim period, and there are no plans to do so.

Where can I buy NUUM tokens today?

NUUM is listed on a few decentralized exchanges like MEXC and BitMart, but liquidity is extremely low. Daily trading volume is under $10K, and prices can swing wildly due to small trades. There are no major centralized exchanges like Binance or Coinbase listing NUUM. Buying it carries high risk due to lack of depth in the order book.

What’s the difference between NUUM and NEER?

NEER was the testnet token used on the Kusama-based MNet Pioneer network during the crowdloan phase. NUUM is the mainnet token on Polkadot’s MNet Continuum. They are functionally identical, with a 1:1 conversion rate during migration. NEER is no longer active for new users and trades only on Gate.io. NUUM is the only token used today for building and interacting in Bit.Country’s metaverse.

Is Bit.Country still active, or is the project dead?

Bit.Country is still active. The MNet Continuum parachain is live on Polkadot with a lease confirmed until October 20, 2025. The team regularly updates its roadmap, adds new features to the super app, and supports community builders. While the token price has dropped, the platform remains functional. Hundreds of users still create and maintain their own metaverses using NUUM. The project is in a quiet growth phase, not shutdown.

Can I create my own metaverse with NUUM today?

Yes. The Bit.Country platform lets anyone create a personalized metaverse in under 12 seconds. You don’t need coding skills. Just sign up, choose a template, name your world, and start adding NFTs, events, and token rewards. NUUM is used to pay for land, items, and governance votes within your creation. It’s designed for communities-Telegram groups, Discord servers, fan clubs-who want to turn their online presence into a blockchain-based economy.