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NUUM Token Airdrop Details: Bit.Country MNet Distribution & Rewards Explained

NUUM Token Airdrop Details: Bit.Country MNet Distribution & Rewards Explained Nov, 23 2024

NEER Airdrop Calculator

NEER Reward Calculator

Calculate your potential NEER rewards from the MNet Kusama crowdloan airdrop. Enter your KSM contribution below:

KSM

Your Estimated NEER Rewards

Base Reward: 0 NEER

Referral Bonus: 0 NEER

Total Reward: 0 NEER

Vesting Schedule:

0 NEER released immediately (30%)

0 NEER vested monthly over 12 months

Note: Vesting begins after TGE on Feb 29, 2024

Important Information:
  • This is an estimate based on your KSM contribution and referral status
  • Your actual reward will be calculated on-chain by the Bit.Country UI
  • NEER rewards are distributed in two phases: 30% immediately, 70% over 12 months
  • Final vesting tranche expected in October 2025

Quick Takeaways

  • NUUM is the native utility token of MNet Continuum on Polkadot, while NEER powers the Pioneer testnet on Kusama.
  • The airdrop rewarded crowdloan participants with NEER at a rate of 72+ tokens per 1 KSM contributed.
  • 30% of NEER rewards were released at the Token Generation Event; the rest vests linearly over 12 months.
  • Current NUUM price sits around $0.00196 with modest daily volume, indicating low liquidity.
  • To claim any remaining rewards you need the updated NUUM contract address and a Polkadot/Kusama wallet that supports both WASM and EVM contracts.

When you hear NUUM is the native utility token of MNet Continuum, a Polkadot parachain built by the Bit.Country team, the first question is usually: *what does that actually mean for me?* In plain English, NUUM fuels a suite of tools that let anyone spin up a metaverse in under a minute, trade NFTs, and run play‑to‑earn economies. The airdrop you’re reading about is the most visible way the project handed out value to early supporters, but the mechanics are a bit more involved than a simple “free token” drop.

What is MNet and Why Two Networks Matter

MNet is a dual‑network blockchain infrastructure that spans both Polkadot (Continuum) and Kusama (Pioneer). Continuum runs on Polkadot and uses NUUM for everyday transactions, while Pioneer lives on Kusama and uses a sister token called NEER is the reward token for the Pioneer testnet. This split lets the team experiment on the faster, lower‑cost Kusama chain before moving stable features to Polkadot.

Why care? If you’re a developer, Pioneer gives you a sandbox with both WASM and Ethereum‑compatible (EVM) smart contracts. If you’re a community organizer, Continuum offers a production‑ready environment where your Bit.Country platform lets you launch a personal "Bit Country" metaverse in about 12 seconds and monetize it with NUUM.

NUUM Token Basics

The NUUM token is a utility token used for transaction fees, land purchases, and governance on the MNet Continuum parachain. As of October72025 it trades around $0.001958, with a market cap of roughly $259K and a fully‑diluted valuation near $1.95M. The total supply sits at 132.41M NUUM, while the maximum cap is 1B tokens.

Liquidity is thin - daily volume averages $8.8K, which translates to a volume‑to‑market‑cap ratio of about 3.4%. That means large moves can swing the price quickly, something you’ll see in the price‑history chart later.

NEER Token and the Kusama Crowdloan

The airdrop you’re interested in actually distributed NEER is the token used to reward Kusama crowdloan participants for the Pioneer network. In the 13th Kusama parachain auction the MNet team secured 209,494KSM (about $3.17M) under crowdloan ID2096‑39. Participants earned NEER at a generous 72+ tokens per 1KSM contributed.

The reward schedule was split 30/70: one‑third of the total NEER allocation dropped immediately at the Token Generation Event (TGE) on February292024, while the remaining 70% vested linearly over the next 12months. A 5% referral bonus (2.5% to the referrer, 2.5% to the referred) helped boost early engagement, especially for the first 1,000 contributors.

Cartoon character clicks "Claim NEER" button on laptop, showing vesting bars and monthly release timeline.

How the Airdrop Was Executed

  1. Contribution period: November272021-October312022. Contributors locked KSM on Kusama, keeping a 100% leading‑block record throughout the leasing term.
  2. Reward calculation: 72NEER per 1KSM, plus any referral bonuses.
  3. Initial distribution: 30% of each participant’s NEER balance transferred on the TGE (Feb292024).
  4. Linear vesting: Remaining 70% released in equal monthly chunks over a year.
  5. Claim process: Holders used a Polkadot/Kusama wallet that supports both WASM and EVM contracts, connected to the Pioneer UI, and clicked “Claim NEER”. The UI automatically calculated the vested amount.

If you missed the initial 30% snapshot, you can still claim the vesting portion until the final tranche lands in October2025.

NUUM Contract Migration - What You Need to Know

In mid‑2024 the Bit.Country team migrated NUUM from an older contract to a new implementation. All community guides now point to a fresh contract address (0x…placeholder). If you still hold NUUM at the legacy address, you’ll need to initiate a one‑click migration via the Bit.Country super app. Failure to migrate means you won’t see your balance on the updated explorer, and you won’t be able to use NUUM for land purchases or voting.

Market Performance Snapshot

NUUM’s price story is dramatic: an all‑time high of $0.6046 on March122024 (>99% drop to today) followed by a low of $0.0009996 on April22025 (nearly a 96% bounce back). The 24‑hour range now hovers between $0.001903 and $0.002003, showing that the token is still figuring out a stable price floor.

NEER, on the other hand, only trades on Gate.io. Its peak volume hit $18,400 in the NEER/USDT pair, but daily turnover is modest. This limited exchange exposure is a key liquidity hurdle for anyone looking to convert NEER into fiat or other crypto.

NUUM vsNEER - A Quick Comparison

Key differences between NUUM and NEER
Aspect NUUM NEER
Network Polkadot (Continuum) Kusama (Pioneer)
Main use Transaction fees, land, governance Airdrop rewards for crowdloan
Current price (USD) $0.001958 ~$0.005 (Gate.io)
Liquidity Low - $8.8K daily volume Very low - single‑exchange market
Total supply 132.41M (max 1B) ~50M (fixed)
Distribution method Token Generation Event + vesting Crowdloan reward + linear vesting
Looney Tunes style rocket labeled MNet launches toward a city with NUUM coins raining, crossing a bridge to a bright future.

How to Claim Any Remaining NEER Rewards

  1. Make sure your wallet supports both Polkadot is the relay chain that hosts the Continuum parachain and Kusama is the experimental sister chain used by Pioneer. Popular options include Polkadot.js, Fearless Wallet, and Nova Wallet.
  2. Navigate to the official Bit.Country super app where you can manage both NUUM and NEER tokens UI.
  3. Connect your wallet via the “Connect” button. The UI will automatically read your KSM‑locked balance and calculate the vested NEER amount.
  4. Click “Claim NEER”. Confirm the transaction in your wallet and wait for the on‑chain confirmation (usually under a minute).
  5. After the final vesting tranche (October2025), the claim button disappears, signalling that you’ve received everything you’re owed.

Pro tip: Keep an eye on the Leased Core ID 34 is the identifier for MNet’s active lease on Polkadot. If the lease expires or is renewed, the UI may need a small update - the community usually announces any changes on the official Discord.

Potential Pitfalls and How to Avoid Them

  • Using the old contract address: Your NUUM will appear as “stuck”. Run the migration tool in the app.
  • Claiming too early: The linear vesting schedule only allows monthly releases. Early claims are rejected and you lose the transaction fee.
  • Liquidity crunch: Selling large amounts of NUUM on a low‑volume exchange can tank the price. Consider swapping via a DEX that aggregates Polkadot liquidity.
  • Forgotten referral rewards: If you referred someone, the 2.5% bonus is automatically deposited to your address but only shows up after the first vesting period.

Looking Ahead - What’s Next for MNet?

The team has a roadmap that includes adding more EVM compatibility layers, expanding the NFT marketplace, and launching a cross‑chain bridge to connect Pioneer’s experimental features directly with Continuum. If those milestones hit, you could see a bump in NUUM demand, especially from developers who want to move a proven prototype from Kusama to Polkadot.

Funding isn’t an issue - MNet raised over $40M across five rounds, indicating strong backer confidence. The biggest risk remains market perception: the token’s price volatility may deter casual users, while the tech community continues to praise the 12‑second metaverse creation tool.

Frequently Asked Questions

How do I know if I’m eligible for the NEER airdrop?

Eligibility is tied to the Kusama crowdloan you participated in. If you locked KSM between 27Nov2021 and 31Oct2022 for crowdloan ID2096‑39, you automatically qualify. The on‑chain record shows your locked amount, which the Bit.Country UI reads to calculate your NEER reward.

Can I claim NEER and NUUM with the same wallet?

Yes. Most Polkadot/Kusama wallets support both parachains, so a single address can hold NEER (on Pioneer) and NUUM (on Continuum). Just make sure the wallet is updated to the latest version to recognize the new NUUM contract.

What happens after the final NEER vesting tranche?

After the last monthly release (expected October2025), the claim button disappears. Your NEER balance becomes fully unlocked, and you can trade it on Gate.io or hold it for future ecosystem incentives.

Is there a way to swap NEER for NUUM directly?

Not natively. Since NEER only lists on Gate.io, you’d need to trade NEER for a common bridge token (e.g., USDT) and then swap that for NUUM on a Polkadot DEX like Polkaswap. Keep an eye on community announcements - a cross‑chain bridge may arrive later this year.

Do I need to pay gas fees when claiming?

Yes. Claiming triggers a small transaction on Kusama (for NEER) or Polkadot (for NUUM). Fees are usually a few cents worth of KSM or DOT, so they’re negligible compared to the reward size.

14 Comments

  1. Debra Sears

    When the vesting kicks in after the TGE on Feb 29 2024, you’ll see 30 % of your NEER released instantly and the remaining 70 % drip out monthly over the next twelve months.
    Make sure you’re using a compatible wallet like Polkadot.js or Fearless, otherwise the UI won’t be able to read your locked KSM balance.
    If you opted into the referral program, the extra 2.5 % bonus will show up in the “Referral Bonus” line of the calculator.
    Keep an eye on the “Leased Core ID 34” entry; any changes to the lease could affect the claim UI.
    Overall, the process is straightforward once your wallet is up to date.

  2. Caitlin Eliason

    The NEER airdrop isn’t just a free token drop, it’s a tangible reminder that the Kusama crowdloan ecosystem still rewards early believers 😊.
    First, the eligibility is hard‑coded on‑chain, so if you locked KSM between 27 Nov 2021 and 31 Oct 2022 you’re automatically in the pool.
    Second, the UI pulls your exact locked amount and computes a base reward that scales linearly with your contribution.
    Third, the referral bonus adds an extra 2.5 % on top for each side of the referral relationship, and it compounds if both apply.
    The 30 % immediate release is designed to give you liquidity right away, but the 70 % vesting spread over twelve months is a safeguard against market dumping.
    Each month, a new tranche unlocks, and you can claim it with a single click – no need to manually calculate amounts.
    If you miss a claim window, the system simply carries the balance forward, so there’s no penalty other than the transaction fee.
    The gas fees on Kusama are minimal these days, often just a few cents, so the cost of claiming is negligible compared to the reward.
    For those worrying about price volatility, remember that NEER only trades on Gate.io, which means you’ll face low liquidity but also less price manipulation from large bots.
    That said, the modest daily volume ($18k) indicates the market is still nascent, and early movers could benefit if trading pairs expand.
    From a technical perspective, the smart contract handling the vesting is immutable, which gives you confidence that the schedule won’t be altered unexpectedly.
    When the final tranche is expected in October 2025, the claim button will disappear, signaling that your NEER balance is fully unlocked.
    At that point, you’re free to hold, trade, or use NEER within the Bit.Country ecosystem for governance or future incentives.
    If you’re a developer, consider integrating NEER into your dApps to tap into the growing community of token holders.
    And finally, keep your wallet software up to date; outdated versions may not recognize the latest contract address, leading to “stuck” tokens.
    In short, the NEER airdrop is a well‑structured reward system that, if handled correctly, can add real value to your portfolio 🌟.

  3. Melanie LeBlanc

    It’s worth noting that you can manage both NEER and NUUM from the same Polkadot/Kusama wallet, which simplifies tracking your holdings.
    The UI’s built‑in calculator is pretty handy for estimating rewards before you even lock your KSM.
    If you’ve got a referral lined up, the extra 2.5 % can make a noticeable difference over the long run.
    Just remember to claim each monthly tranche on time to avoid any unnecessary gas costs.
    Overall, the system is designed to be user‑friendly, provided you keep your wallet current.

  4. Franceska Willis

    i think the claim process is real simple but u gotta check the ui for the right button.
    also watch out for the lease id changes they sometimes push updates.
    if u miss a month it will still be there next month just claim it then.

  5. EDWARD SAKTI PUTRA

    Just claim your NEER when the UI says it’s unlocked.

  6. Kate O'Brien

    Don’t trust that the airdrop isn’t a way for the dev team to keep control of your tokens.
    They could change the vesting schedule later if the core lease on Polkadot gets renewed.
    Always verify the contract address on the official Discord before clicking anything.
    Keep your wallet’s private keys offline whenever possible.

  7. Ricky Xibey

    Yo, the claim button shows up every month after the TGE.
    Just hit it, pay the tiny fee, and you’re good.

  8. Sal Sam

    The NEER distribution leverages a linear vesting algorithm implemented via a runtime module on the Pioneer parachain.
    Each epoch corresponds to a monthly interval, and the on‑chain extrinsic `claim_neer` updates the beneficiary’s balance state.
    Gas consumption is bounded by the transaction weight, typically falling under the “low” fee tier for Kusama.
    Note that the liquidity pool on Gate.io operates under a constant product AMM model, which can affect slippage for large swaps.
    For optimal execution, consider routing through a cross‑chain aggregator that sources depth from Polkaswap and other DEXes.

  9. Moses Yeo

    Now, while many users celebrate the airdrop, one must consider the hidden variables-market depth, exchange concentration, and the ever‑present risk of protocol upgrades;.
    Furthermore, the claim process, albeit simple, introduces a dependency on UI reliability, which could be compromised by unforeseen bugs;.
    In addition, the referral mechanic, while incentivizing network growth, may lead to sybil attacks if not properly audited;.
    Therefore, a prudent participant should diversify across multiple wallets and maintain a cold‑storage backup of private keys;.

  10. Andrew Lin

    This NEER thing is a clear example of how Western crypto projects try to pull in unsuspecting investors.
    We need to focus on home‑grown solutions that don’t rely on foreign parachains like Kusama.
    If you’re serious about your portfolio, look for tokens built on truly sovereign platforms.
    The moment you hand over KSM, you’re betting on a chain that’s half‑run by outsiders.
    Stay vigilant and keep your assets under domestic jurisdiction.

  11. Matthew Laird

    It’s downright irresponsible to ignore the referral bonuses that the team generously offers.
    Everyone should claim theirs promptly, otherwise we’re letting the ecosystem waste potential rewards.
    Participating actively shows support for the community and discourages bad actors.
    Let’s all do our part and keep the network thriving.

  12. Richard Bocchinfuso

    its all about the timing when ur token drops.

  13. Jason Wuchenich

    Keep your wallet updated and you’ll never miss a vesting tranche.
    If you run into any hiccups, the community Discord is a great place to get quick help.
    Stay positive and watch those monthly rewards roll in.

  14. Mark Bosky

    The NEER airdrop follows a clearly defined vesting schedule, with 30 % of the allocation released immediately upon the token generation event and the remaining 70 % distributed in equal monthly installments over a twelve‑month period.
    Eligibility is automatically determined by the amount of KSM locked during the specified crowdloan window, eliminating the need for manual qualification checks.
    Referral bonuses are applied at the time of the initial calculation and are reflected in the “Referral Bonus” field of the UI, ensuring transparency.
    Transaction fees associated with each claim are minimal on the Kusama network, typically amounting to a few cents in fiat equivalent, thereby preserving the majority of the reward value.
    Users are encouraged to employ a reliable wallet such as Polkadot.js, which fully supports the necessary extrinsic calls for claiming and viewing balances.
    Finally, it is advisable to monitor official communications for any updates to the contract address or vesting parameters to avoid potential complications.

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