Press Release

Bybit launches Native Caduceus token CMP

2min Read

Posted: July 21, 2022 | Last updated: July 6th, 2023

By: Anjali Sriniwasan

Journalist

Anjali Sriniwasan

Journalist

Posted: July 21, 2022 | Last updated: July 6th, 2023

The Caduceus blockchain’s native token CMP will be available on Bybit and other exchanges from Monday 25th July

Caduceus: https://caduceus.foundation/

Tweet Announcement: https://twitter.com/Caduceus_CMP/status/1549692942130061312

Bybit, the world’s top digital asset trading platform, is to formally launch the new Caduceus token CMP on July 25th, 2022. Several worldwide digital asset trading platforms will also be listing the token.

Caduceus is the Metaverse protocol for decentralized edge rendering, and an infrastructure-level open blockchain platform specifically built for the metaverse and the decentralized digital world. It’s manufactured with next-level processing power and rendering capabilities and has been formed and developed by prominent investors and blockchain specialists.

Caduceus provides a variety of services including decentralized rendering, edge computing, 3D technology, and XR extended reality technology. Since the introduction of the decentralized edge rendering metaverse protocol, Caduceus’ worldwide impact and popularity have grown at pace and that now continues with the launch of this new native token.

As the native token in the Caduceus Metaverse Protocol, CMP will be listed simultaneously on various platforms which demonstrates that it is being recognized by the world’s most prominent regulatory and financial organizations.

As a result of the diversity and globalization of the chain’s ecosystem, there are endless possibilities and benefits of CMP. One example is a partnership with the 3D NFT fashion brand HAPEBEAST, which introduced CMP as the community governance token and it has already been a big success as well as being proof that the economic impact of tokens on the Caduceus metaverse ecosystem is going to be vast.

Future applications of the Metaverse Protocol Caduceus will also continue to deploy the Metaverse ecology, connect different countries and regions, closely integrate the virtual world with the economic system, social system, and identity system of the real world, and build a value bridge between the real and virtual worlds and also create a global protocol for the Metaverse.