CADUCEUS WEEKLY REPORT 21

Caduceus
4 min readAug 9, 2022

Caduceus has seen an incredible week with some excellent additions into the project.

Ecology & Operation

  • Caduceus is now rated 9th in the Top 10 Most Searched Projects on the Bybit exchange.
  • On August 1st, Palmare joined Caduceus. Palmare is a Web3 multichain social network app with SportFi and SocialFi features built in.
  • On August 1st, TronSpaceClub joined Caduceus. The TronSpaceClub is a collection of 10,000 items developed by artificial intelligence that levitate on the Tron Blockchain.
  • On August 3rd, SnakeDancerNFT joined to support the Caduceus chain and to explore Freemint for partial NFT based on $CMP. SnakeDancerNFT is a revolutionary NFT trading platform established by HashVerse LTD and DaoStarter.
  • Charles Read, an investor in the encryption industry and renowned NFT collector, joined the Caduceus Advisory Team on August 3rd. Charles will provide guidance about the strategic direction of the Caduceus ecosystem and the advancement of the Caduceus technology.
  • On August 3rd, MENZY joined and became the first FitFi app on Caduceus. MENZY is an AI-driven Move&Earn full body movement project.

Community Updates & Activities

  1. Caduceus and HAPE are holding a special event where Caduceus will present a total of 1,000 “NOVA” NFTs to HAPE holders and HAPE badge holders.
  2. On August 1st, Caduceus and Bitget hosted an AMA event in their community and distributed 500 $CMP worth of event incentives to participants.
  3. Caduceus and Multichain hosted an AMA session in their community on August 1st. Matt McGuire, Caduceus CTO, addressed the Multichain community with a comprehensive overview of the project’s technological idea and future plans, and awarded 300 $CMP to 10 lucky attendees.
  4. On August 4th, Caduceus and Bybit had a question-and-answer session on Twitter Space. Matt McGuire (CTO) provided the Bybit community with an update on the technological development of the project and the future worth of $CMP, as well as distributed 1,000 $CMP to the event attendees.
  5. On August 3rd, the famous encrypted news outlet, NewsBTC, had an exclusive interview with Tim Bullman, Caduceus Co-Founder. In the interview, it was said that Caduceus is a crucial component of the Metaverse’s design, would aid in the creation of Metaverse mainstream applications and advance the Metaverse’s diversification. The exclusive interview item topped NewsBTC’s featured stories.
  6. Caduceus and Bybit will undertake a series of incentive events to commemorate the listing of $CMP on Bybit on July 25th.
  • Deposit to Earn from 200,000 $CMP Prize Pool.
  • Stake to Earn up to 666% APY With a 600,000 $CMP Prize Pool.
  • Trade to Earn From a 100,000 $CMP Prize Pool.

👉Event link 👈

7. Our second Metatalk is coming. The theme is CMP Empowerment: Unleash the potential of the Metaverse & LaunchPad. We will be joined by PlayPad, DaoStarter, DAOLaunch and PlaySky.

Date/Time: August 10th, 10am UTC

Guests: Onur, CEO of PlayPad | Abigail, Marketing Manager | Reza, Head of Community | Lewis, Community Manager

Make sure to enter the gleam events and join the chat 👉 https://t.co/1terdwnEKR

8. On August 7th, $CMP will join the top 10 biggest gainers of the day with CryptoDep.

Caduceus Technical Report

Mainnet V1.0 — Accessibility Update:

  • Conducted a comprehensive functional test of the DAG consensus process demo page.

Block Browser V1.1 — Update:

  • Developed API module functions used by browser developers.

Testnet V2.0 (Pegasus) Development — Development Progress:

  • Developed MetaNebula VerificationNode: Completed the MapReduce parallel sub-module part (this sub-module is responsible for parallel execution of transaction decoding, signing name verification check); carried out the scheme selection and storage structure design of the underlying KV storage database; prepared the development of the transaction parallel execution engine.

Edge Rendering System — Business System:

  • Completed the development of the front-end and back-end systems of the resource side.
  • Prepared smart contract design proposals.
  • Prepared application-side system development.
  • Prepared for the joint debugging of the upper-layer business system and the lower-layer edge scheduling system/rendering system.

Join the community:

Website: https://www.caduceus.foundation

Discord: https://discord.com/invite/caduceus

Twitter: https://twitter.com/Caduceus_CMP

Telegram: http://t.me/CaduceusMetaverse

Instagram: https://www.instagram.com/caduceus_cmp/

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Caduceus

Caduceus Metaverse Protocol — Providing an open blockchain platform for Metaverse development. Join the community — https://linktr.ee/caduceus_cmp