Building Metaverse Lego Empire — CoinW Dialogue with decentralised edge rendering metaverse protocol — Caduceus

CoinW Exchange
7 min readOct 17, 2022

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Hi all, welcome to CoinW Spotlight! We are quite delighted to have a comprehensive conversation on building Metaverse Lego Empire.

As we all know, the foundation of the metaverse is the public chain, albeit with the public chain is the most challenging, and it is also where the ecology and value are carried. With the large-scale explosion of applications such as nft, web3, and metaverse, the narrative about the public chain has gone viral. In this context, the new public chain caduceus, which aims to create an application-oriented metaverse editor, was born. Not only did the market perform extremely well, but it also ushered in a vigorous ecology developmet. Within a month of its launch, it announced that it contains defi , nft, gamefi and other sound projects in many sectors. At present, caduceus has issued its network native token cmp, and the coinw exchange has also launched the cmp/usdt trading pair in September 2022.

Today we will explore the ecological developments and value of caduceus with crypto natives and investors. It is such as a delight to have has invited a special guest from caduceus public chain — the CTO of caduceus, Matt. He will join thiswonderful conversation to give us insights about LEGO Empire of caduceus.

Q1: First of all, I would like to welcome Matt. Please introduce yourself.

Greetings, members of the CoinW community! Matt from the Caduceus team, and I’m mostly accountable for Technology. Due to the extensive collaboration between Caduceus and CoinW, as well as the many events hosted jointly by the two parties, everyone should have some knowledge of Caduceus. The Caduceus project token $CMP has also been listed on CoinW. This AMA will help you better comprehend the potential worth of $CMP and certain Caduceus growth plans.

Q2: What is a decentralised edge rendering protocol and what is the application value of this protocol?

Caduceus is the first protocol for decentralized edge rendering in the Metaverse, giving services such as decentralized rendering, edge computing, 3D technology, and XR extended reality technology to Metaverse producers and developers. As seen by our introduction, the fundamental technologies that we provide for the Metaverse include blockchain technology, edge computing technology, computing resources, and rendering resources resulting from computer power. Current Caduceus business strategy focuses on the Metaverse. The Metaverse is a virtual social form produced by the integration of several modern technologies. The terminal equipment is affected by the Metaverse’s high real-time, high interaction, and high immersion in such a situation. The requirements for computational power are fairly stringent. This breakthrough cannot be separated from the assistance of worldwide distributed heterogeneous processing power and effective rendering services provided by edge computing. Caduceus is now providing these services as support for the Metaverse.

Q3: What are the primary benefits of incorporating Caduceus edge computing?

Metaverse is a virtual environment that mirrors reality. Interaction between users is the most crucial factor. The following criteria must be met during user engagement,: 1. Low latency and 2. Excellent image quality Caduceus has constructed a C2B open system to overcome this issue using edge computing. The computing resources closest to the metaverse’s peak consumption are planned Through the distributed computing nodes.

The open C2B technology developed by Caduceus enables anybody to contribute idle GPU computer resources, become rendering nodes, and earn. It is important to note that regular consumers may utilize their own computers to mine cryptocurrency even if they lack professional mining equipment. Naturally, if you provide your own computer resources, we will also promise a sum commensurate with the configuration of your equipment. With CMP as a reward, all network-connected devices may contribute idle GPU processing capabilities, increase Caduceus global computing nodes, and create a balance between corporate supply and consumer demand, complement one another, and mutually benefit.

Q4: What functions does Caduceus currently support and what are the features and advantages compared with leading public chains like Ethereum and Solana?

Everyone should now be fairly acquainted with the market’s main public chains. In a general sense, everyone is involved in infrastructure, but we are not in a competitive relationship since our structures and strategies vary. Ethereum, for instance, focuses more on decentralization, while Caduceus, a decentralized edge rendering metaverse protocol for the metaverse, focuses more on performance and capacity. The elastic space of resources attempts to match the processing power and capacity requirements of the user. On Caduceus, Metaverse developers may conduct several experiments with fewer expenses for trial and error and a cleaner environment to test theories. In the Caduceus metaverse ecosystem, inventors may also be widely distributed, driven, and acknowledged.

Q5: How is the ecological development of Caduceus at present? Is there any cooperation with leading projects?

Previously, Caduceus secured $4 million in strategic Series A funding. Susquehanna International Group and BlockFills, the world’s premier venture capital and cryptocurrency liquidity service created by Jeff Yass, led this funding. This investment was made by Bin Zayed Group, Qredo, TokenInsight, Nukkleus, Digital RFQ, and Luna VC. Former England and Chelsea FC captain John Terry, a football legend, opted to invest in our company.

Following the introduction of the Caduceus network this year, almost 80 blockchain and metaverse projects have joined the Caduceus ecosystem, and a large number of notable partnerships have been announced. These include former snooker great Stephen Hendry, rugby icon Lawrence Dallaglio, cricket godfather Ian Botham, and Ivan Atkinson’s One Van Films, a Hollywood production business. Presently, more prominent venture capital firms, crypto investment firms, film and television personalities, and sports celebrities have voiced hope over the future growth of Caduceus.

Q6: The native token of Caduceus has been listed on different exchanges. Can you tell us about the token model and application scenarios of CMP?

$CMP is the native Token of the Caduceus Metaverse Protocol and a total of 1 billion have been issued. In addition to CoinW, $CMP is listed on Bybit, Gate.io, MEXC, Kucoin, Bitget, and other trading platforms.

CMP is primarily utilized as the value exchange medium of the decentralized edge rendering network Caduceus, offering computing power resources and value replacement for computing power suppliers and consumers. In addition, CMP may be employed as a medium for circulation in ecological applications including the Caduceus chain. For instance,the 3D ape NFT project HAPE, utilizes CMP as its ecological token. Through CMP, users may engage in a variety of economic activities, including purchasing and interacting.

CMP token-related mechanisms will also be announced before the end of 2022, such as the introduction of the pledge function of decentralized computing power nodes, the pledge of $CMP to obtain ecological application tokens and NFT, etc., to better enrich the use value and scenarios of CMP, and form a project ecology Economic closed loop.

Q7:What are the most recent benefits of Caduceus, and has it achieved any breakthroughs?

This year, we will publicly disclose our self-developed metaverse identification system, metaverse editor, and GPU mining solutions. You may concentrate on Caduceus’ GPU mining solutions and future CMP-related applications with high value.

If the demand for Caduceus’ rendering nodes increases, it is obvious that the number of CMP acquired through the official trading channel would likewise increase. If supply exceeds demand, the price of CMP will rise. Obviously, what interests everyone is if there are indeed that many rendering resources. In addition to the business of providing computer power, I am extremely confident in stating that Caduceus has enriched the ecosystem of the public blockchain. 60% of the apps deployed on our chain have rendering requirements. Second, other conventional sectors, such as cinema and television, gaming, entertainment, and others, have abundant resources and are now in the agreement-signing phase. Notably, the rendering and distribution client of Caduceus is planned to be formally introduced in the fourth quarter of 2022, and many applications have already been implemented.

Q8: Why did you choose CoinW Exchange to list CMP? What are the advantages and special features of CoinW Exchange in the mind of the Caduceus team?

The CoinW digital asset trading platform has fulfilled the localized compliance requirements, has a solid financial service concept and a stringent management system, and is especially careful and authoritative in evaluating online cryptocurrencies.

The decentralized edge rendering metaverse protocol Caduceus is devoted to supporting internationalization and compliance in a holistic manner. In the future, the Metaverse Protocol Caduceus will also continue to deploy the Metaverse ecology, in-depth cooperation with more high-quality Metaverse and blockchain platforms, the connection of different countries and regions, and the connection of the virtual world with the economic system, social system, and identity system of the real world. Develop a value bridge between the actual and virtual worlds, and establish a worldwide protocol for the metaverse.

Q9: Traffic reigns supreme. How does Caduceus conduct market operationsand build ecology based on the current market environment? And what goals does it plan to achieve in the near future?

Caduceus considers “performance, robustness, scalability, flexibility, reliability” with great care in the architectural concept, and provides developers with a decentralized, fully modularized, An open blockchain with lower transaction costs, faster speed and higher security than any other public chain.

Our current plan is to have a large number of cross-industry collaborations with leading Web2 companies, fashion brands, film and television IPs, sports/movie stars, artists to create popular applications in the Metaverse, transforming mature Web2 businesses into the Metaverse. The advantage of the project is that you don’t have to worry about traffic. Meanwhile, with the cooperation projects on the chain, the incubator and fund of Caduceus are currently incubating some metaverse projects. These projects have passed our strict screening and are considered to be very potential with extensive technical advantages. Please stay tuned and we are very excited to bring these offerings to our audiences.

Wrap-up

Thank you Matt for taking time and sharing the wonderful thoughts with us. Thank you guys for joining us today, please stay tuned and surely we will bring more crypto sauces onwards, good bye.

About CoinWSpotlight

CoinWSpotlight is a crypto live interview under the CoinW exchange. We focus on the frontier trends of the global blockchain and explore the hot topics of crypto industry with world-class crypto projects, industry leaders, and technical experts. We will continuously invite high-quality projects, community leaders, and crypto KOLs to join in CoinW live broadcast room with us!

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CoinW Exchange
CoinW Exchange

Written by CoinW Exchange

Established in 2017, our top-tier integrated trading platform offers futures trading and a range of other services to over 7 million users globally.

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