- 4 Feb 2026
- Elara Crowthorne
- 0
Back in September 2021, Binance Smart Chain saw a small Qubit airdrop tied to CoinMarketCap's Most Valuable Builder program. The Qubit ProtocolA decentralized finance protocol that participated in CoinMarketCap's MVB III program to distribute QBT tokens. distributed tokens as part of this event. But today, finding clear details about how it worked is tough. Let's break down what we know.
What was the BSC MVB III Program?
CoinMarketCap's Most Valuable Builder (MVB) programA 4-week accelerator for developers building on Binance Smart Chain, run by CoinMarketCap's CMC Labs and YZi Labs. was a 4-week initiative for developers working on BNB Chain projects. It started in 2021 and ran in cohorts. The goal? Help teams grow within the Binance Smart Chain ecosystem.
Each MVB cohort included hands-on mentorship. Teams got one-on-one time with BNB Chain's business development team and YZi Labs' investment experts. They also received a tailored curriculum. This included fireside chats with industry leaders and support to integrate with BNB Chain's tools. Plus, participants got exposure through CoinMarketCap's channels. Some even secured funding from YZi Labs.
MVB III was the third group of projects in this program. It launched in September 2021. The Qubit Protocol was part of this cohort. But details about their specific airdrop aren't well-documented.
The Qubit Airdrop Event
The Qubit Protocol's airdrop happened on September 28, 2021. The total value was $20,000. This was part of the MVB III initiative. But here's the catch: there's no official public record of how exactly the tokens were distributed.
No clear rules on who was eligible. No step-by-step guide for claiming tokens. No smart contract details shared publicly. Even community discussions from that time are hard to find now. It's possible the event was small-scale, targeting specific users like early testers or community members. But without documentation, it's impossible to say for sure.
For context, many DeFi projects in 2021 used airdrops to build user bases. But smaller projects often kept details low-key. They might have announced it on Twitter or Discord without formal documentation. This makes tracking down specifics challenging years later.
How Airdrops Worked in 2021 DeFi
2021 was a peak year for DeFi airdrops. Projects like Uniswap and Compound distributed tokens to users who interacted with their platforms. These airdrops served multiple purposes: rewarding early adopters, driving adoption, and decentralizing token distribution.
Small-scale airdrops like Qubit's were common. They often targeted specific groups. For example, users who participated in testnets or provided liquidity on certain pools. But unlike larger projects, smaller teams didn't always publish detailed guides. They might have just shared basic info in community channels.
The $20,000 value of Qubit's airdrop was modest. Compared to Uniswap's $1.5 billion distribution, this was tiny. But for a new protocol, it was a meaningful way to engage users. Still, without clear documentation, participants today can't verify if they qualified.
Why Details Are Hard to Find Now
Several reasons explain the lack of details. First, the event happened over three years ago. Social media posts from 2021 on platforms like Twitter or Telegram may have been deleted or buried. Community archives from that time aren't always preserved.
Second, the Qubit Protocol might not have prioritized documenting the airdrop. Smaller projects often focus on development rather than record-keeping. If the team moved on or the protocol evolved, historical details get lost.
Third, CoinMarketCap's MVB program itself didn't require public airdrop documentation. The focus was on accelerating projects, not publicizing every token distribution. So details were left to the individual teams to manage. Without official records, it's nearly impossible to reconstruct what happened.
Current Status of Qubit Protocol
As of 2026, there's little public information about Qubit Protocol's current status. No recent updates on their website or social media. No token price data on major exchanges. This suggests the project may have been discontinued or rebranded.
Without active development or community engagement, the QBT token likely has little value today. If you held tokens from the 2021 airdrop, they probably aren't tradable anymore. But without official confirmation, it's impossible to know for sure. Most protocols that faded after 2021 either merged with larger projects or shut down entirely.
What You Can Do Today
Since the airdrop was in 2021, it's too late to claim tokens. Airdrops from that era have long passed their claim deadlines. Tokens not claimed were likely redistributed or burned. Current token listings don't show QBT, indicating it's inactive.
If you think you might have qualified, check old wallet addresses from September 2021. But without specific details about the distribution rules, there's no reliable way to verify eligibility. Most participants from small airdrops like this never received tokens due to unclear criteria.
Frequently Asked Questions
Did the Qubit airdrop require KYC?
No evidence suggests KYC was required. Most small DeFi airdrops in 2021 didn't ask for personal identification. They typically used wallet addresses to distribute tokens. But since there's no official documentation, this can't be confirmed.
How many tokens were distributed?
Exact numbers aren't publicly available. The total value was $20,000, but token count depends on the price at the time. Without the token supply details, we can't determine the distribution amount.
Was there a deadline to claim tokens?
No documented deadline exists. However, airdrops usually have a claim window. If users didn't claim within that period, tokens might have been redistributed. But without specific info, it's unclear.
Can you still claim QBT tokens today?
Almost certainly not. Airdrops from 2021 are long past their claim deadlines. Tokens not claimed at the time were likely returned to the project treasury or burned. Current token listings don't show QBT, indicating it's inactive.
What happened to the Qubit Protocol after the airdrop?
There's no recent information. The protocol may have been abandoned, merged with another project, or rebranded. Without active development, it's unlikely to be operational today. Most small DeFi projects from 2021 that didn't gain traction eventually shut down.
