ACMD X CMC Airdrop by Archimedes: How It Worked and What Happened After
ACMD Airdrop Eligibility Checker
Airdrop Eligibility Checker
Check if you completed all required steps for the ACMD X CMC airdrop that ran on August 2, 2024.
On August 2nd, 2024, Archimedes Protocol launched its mining phase with a $20,000 ACMD token airdrop in partnership with CoinMarketCap. If you missed it, you’re not alone - most people didn’t realize it was already over. The airdrop didn’t make headlines like some others, but it carried real mechanics, real risks, and a surprising lack of transparency after the fact.
What Was the ACMD X CMC Airdrop?
The ACMD X CMC airdrop wasn’t just another free token giveaway. It was a strategic move by Archimedes Protocol to kickstart adoption of its new DeFi platform on OKExchain. Archimedes positioned itself as a cross-chain leverage aggregator - meaning it let users borrow, lend, and earn yield across multiple blockchains using leveraged positions. The ACMD token was the fuel for that system: used for governance, fees, and mining rewards. CoinMarketCap, one of the most trusted names in crypto data, partnered with Archimedes to lend credibility. That’s unusual. Most airdrops are run by small teams with no big-name backing. This one had CMC’s logo on the announcement. It made people take notice.How to Enter the Airdrop
Getting in wasn’t hard, but it required three specific actions - and none of them were optional. You had to complete all three to be eligible:- Follow @ArchiProtocol on Twitter, retweet their airdrop post, and tag three friends.
- Join the official Archimedes Global Telegram channel at t.me/ArchimedesGlobal.
- Fill out the Google Form at forms.gle/EcLjf3qjicvqPtZC8 with your wallet address.
Tokenomics: How ACMD Was Designed
The total supply of ACMD is a mess of conflicting numbers. CoinMarketCap says 10 billion. Other sources say 1 billion. That’s a red flag. When official docs contradict each other, you’re dealing with poor documentation - or worse. Here’s what we know for sure about distribution:- 65% went to mining rewards - released slowly over 3 years and 1 month, with output halving every year after the first month.
- 15% reserved for the team - locked and released alongside mining schedules.
- 10% to early investors who funded development.
- 5% for market making to keep trading liquid.
- 5% for marketing and community growth.
What Happened After the Airdrop?
This is where things get strange. CoinMarketCap lists ACMD’s price at $0.00 with zero 24-hour volume. That’s not a glitch. That’s silence. No trades. No liquidity. No market. But then you check Crypto.com - and suddenly ACMD is trading at $309.60. That’s not a typo. That’s a disconnect. Either Crypto.com is showing data for a different token contract, or someone is manipulating prices on a low-volume exchange. The official contract address on Ethereum is0x2f8e...1b2a57. But no one knows if that’s the only one. No audits. No public code verification. No clear documentation on which chain it’s live on.
The Archimedes website - acmd.finance - still loads. But the mining dashboard? Gone. The team’s Medium blog hasn’t been updated since September 2024. Their Twitter account still posts, but mostly memes and vague updates like “Stay tuned.”
Why This Airdrop Matters
This wasn’t just a failed airdrop. It’s a case study in how DeFi projects can look promising on paper - and vanish in practice. Archimedes had the right idea: cross-chain leverage is a real need. The DeFi space is full of siloed protocols. A platform that lets you borrow on Arbitrum and lend on Polygon? That’s useful. But execution failed. No clear roadmap. No transparent team. No liquidity. No trading volume. The airdrop did its job - it got attention. But after the tokens were sent, the project stopped moving. Compare this to Aave or Compound. They didn’t rely on airdrops to survive. They built real users, real liquidity, and real revenue. Archimedes built a landing page and a Twitter account. That’s not enough.
Should You Still Hold ACMD?
If you got tokens in the airdrop, you’re holding something with no clear value. No exchange lists it. No wallet supports it. No one is trading it. Even if you believe in the tech, there’s no way to cash out. The team hasn’t responded to public inquiries about the token’s status. No announcements. No updates. No explanations. This isn’t a scam - not yet. But it’s not a project either. It’s a ghost. If you’re holding ACMD, treat it like a collectible. Something you got for free, but that’s probably worth nothing. Don’t invest more. Don’t wait for a rebound. The market has already spoken - it’s silent.What You Can Learn From This
Not every airdrop is a gift. Some are marketing traps. Here’s what to watch for next time:- Check if the token is listed on any major exchange - not just CoinMarketCap’s data page.
- Look for verified smart contracts on Etherscan or similar explorers.
- See if the team has public identities. Anonymous teams = higher risk.
- Check if the project has active development on GitHub.
- Don’t trust price tags on obscure platforms. They can be fake.
What’s Next for Archimedes?
No one knows. The team hasn’t said. The last public update was a tweet in November 2024 saying they were "exploring new partnerships." That’s it. No details. No timelines. No proof. If Archimedes ever returns, it’ll need to do three things:- Launch real, working DeFi products - not just a website.
- Unlock liquidity - get ACMD on at least one DEX like Uniswap or PancakeSwap.
- Explain what happened to the $20,000 airdrop pool. Where are the tokens? Who got them?
Was the ACMD X CMC airdrop real?
Yes, the airdrop was real. Thousands of people completed the required tasks and received ACMD tokens. The partnership with CoinMarketCap and the use of a Google Form for wallet collection confirm it wasn’t a scam. But while the distribution happened, the project behind it has since gone quiet.
Why is ACMD priced at $0 on CoinMarketCap but $309 on Crypto.com?
This is a red flag. CoinMarketCap shows $0 because there’s no trading volume - no one is buying or selling ACMD on recognized exchanges. Crypto.com’s price is likely based on a single trade or a fake market on a low-volume platform. It’s not a reliable indicator. Price data like this often comes from manipulated or illiquid markets.
Can I still claim ACMD tokens from the airdrop?
No. The airdrop ended in August 2024. The Google Form is no longer accepting entries. The lottery has already been drawn and tokens were distributed to winners’ wallets. If you didn’t participate before the deadline, you cannot claim tokens now.
Is Archimedes Protocol still active?
There’s no evidence it is. The mining dashboard is offline. The team hasn’t posted technical updates since late 2024. The website still loads, but it’s static. No GitHub commits. No new partnerships announced. It’s likely abandoned or in hibernation.
Should I trust future airdrops from Archimedes?
Not unless they prove they’ve come back to life. A single airdrop doesn’t make a project. Real projects build products, not just Twitter accounts. If Archimedes returns with a live protocol, verified contracts, and active development, then reconsider. Until then, treat any future airdrop as high risk.
22 Comments
Nicholas Ethan
December 12 2025ACMD’s tokenomics are a textbook case of misaligned incentives. 65% to mining rewards? That’s not decentralization-that’s a slow-motion dump. The team’s locked allocation mirrors the token’s liquidity: invisible. No audit, no verified contract, no DEX listing. This isn’t a project-it’s a honeypot with a CMC logo.
Kathy Wood
December 12 2025They used COINMARKETCAP?!?!?! That’s not a stamp of approval-it’s a Trojan horse! You think you’re getting free money, but you’re just handing over your wallet address to a team that never intended to build anything! This is predatory! They knew no one would check the contract! THEY KNEW!
Jessica Petry
December 14 2025It’s fascinating how the market’s silence speaks louder than any whitepaper. ACMD isn’t dead-it’s been quarantined. The $309 price on Crypto.com? That’s not a valuation. It’s a hallucination. Real projects don’t vanish after an airdrop. They iterate. They engage. They fix things. This? This is a ghost town with a .finance domain.
Caroline Fletcher
December 15 2025So… CMC just let them use their name? Like… for free? No due diligence? Are they even paid to do this? Or did someone just slap a logo on a flyer and say ‘this looks legit’? I’m starting to think the whole crypto world is just a PowerPoint deck with a wallet address.
Toni Marucco
December 15 2025Archimedes had the conceptual architecture of a next-gen DeFi aggregator-but executed it like a startup that ran out of funding after the MVP. The real tragedy isn’t the airdrop-it’s the potential. Cross-chain leverage is a legitimate pain point. But this? This is the equivalent of building a Ferrari and then parking it in a ditch because you forgot to buy tires.
Vidhi Kotak
December 16 2025Don’t be too harsh. Many projects start with hype and fade. Maybe they’re regrouping. Maybe they’re building in stealth. The fact that the site still loads means something. At least they didn’t vanish with the funds. That’s more than most do.
Taylor Fallon
December 17 2025sooo… i got acmd. like… 100 tokens? idk if its real or not. but i kept it because it feels like a digital postcard from 2024. like a meme i didnt ask for but now i’m weirdly attached to. maybe one day it’ll wake up. maybe not. either way, i’m not sad. i didn’t pay for it. just a little… confused. 😅
Claire Zapanta
December 17 2025Let me tell you something. CoinMarketCap doesn’t partner with random DeFi projects. They’re owned by a private equity group that’s laundering crypto money through ‘partnerships.’ This wasn’t an airdrop-it was a front for laundering $20k through 5,000 wallets. Every single wallet address collected? That’s a database. That’s not a community. That’s a surveillance operation. They’re waiting for you to trade. Then they front-run you. Then they vanish. Again.
I’ve seen this pattern three times. Same structure. Same silence. Same CMC logo. Same Google Form. Same ‘mining dashboard’ that disappears. This is state-sponsored crypto theater. Don’t be fooled by the ‘free tokens.’ You’re the product.
Anselmo Buffet
December 18 2025Kinda wild how the market just… moved on. No drama, no outrage. Just silence. Like the whole thing was a dream. I got my tokens, checked them once, forgot about them. And honestly? I’m fine with that. Free is free. If it becomes something, cool. If not, no skin off my back.
Kathleen Sudborough
December 20 2025I think we’re missing the bigger lesson here: airdrops aren’t gifts. They’re data collection tools disguised as opportunity. The real value wasn’t in ACMD-it was in the wallet addresses, the Twitter tags, the Telegram joins. The project was never meant to survive. The data was. And now? They’ve got a list of 5,000 crypto users who think they’re savvy. That’s worth more than any token.
Kim Throne
December 21 2025Verification is critical. The contract address listed (0x2f8e...1b2a57) is not verified on Etherscan. No source code. No compiler version. No license. This is not a bug-it is a red flag of the highest order. Without verification, even if the token exists, its functionality is unprovable. Do not interact with unverified contracts. Ever.
Alex Warren
December 22 2025There’s a difference between a failed project and a dead one. This is dead. No commits. No updates. No team disclosure. No liquidity. The website is a digital tombstone. Even if they woke up tomorrow, trust is gone. And in crypto, trust is the only currency that matters.
amar zeid
December 24 2025Why do people still fall for this? You follow a Twitter account, join a Telegram, fill a Google Form-and think you’re part of something big? This isn’t Web3. This is Web2 marketing with blockchain buzzwords. Real innovation doesn’t need airdrops. It needs users. And users don’t show up because of a logo. They show up because of utility.
Albert Chau
December 25 2025People who hold ACMD are delusional. You think you’re holding an asset? You’re holding a liability. A liability that could get you flagged by regulators for participating in an unregistered security offering. You didn’t get free money. You got a legal headache.
PRECIOUS EGWABOR
December 25 2025Oh honey. You thought CMC was a stamp of approval? That’s like trusting a used car salesman because he’s wearing a suit. They’re not your friend. They’re a data broker. The airdrop was a lead gen campaign. Your wallet? It’s now in a CRM. You’re not a participant. You’re a lead.
Heath OBrien
December 26 2025They didn’t scam you. They just didn’t care. That’s worse. A scam at least has energy. This? This is apathy dressed up as innovation. They built a thing. No one used it. So they walked away. And now we’re all left arguing about a ghost.
Rest in peace, Archimedes. You had potential. You just didn’t have heart.
Kathryn Flanagan
December 27 2025Let me tell you something, everyone. I’ve been in crypto since 2017. I’ve seen a hundred airdrops. I’ve seen projects that vanished. I’ve seen projects that became giants. But this one? This one is different. It’s not about the token. It’s about the silence. No one’s answering questions. No one’s posting updates. No one’s even saying ‘sorry.’ That’s not incompetence. That’s disrespect. And in crypto, disrespect is the fastest way to kill a community.
If you got ACMD, hold it for the story. Not the value. Because the value? It’s gone. But the lesson? That’s priceless.
Candace Murangi
December 28 2025I’m from Kenya. We have a saying: ‘A tree that doesn’t bear fruit is cut down.’ Archimedes planted a tree. But no fruit. No leaves. Not even a shadow. The wind blew. And now it’s just a stump. We don’t mourn stumps. We plant new trees.
JoAnne Geigner
December 29 2025Everyone’s so quick to call this a scam. But maybe it’s just… human. Maybe the team got overwhelmed. Maybe they had a baby. Maybe someone got sick. Maybe they lost funding. We don’t know. And maybe we never will. But instead of tearing them apart, maybe we should ask: what can we learn? How do we build better? How do we hold projects accountable without becoming the mob?
Let’s not bury the lesson with the project.
Andy Walton
December 30 2025bro… i just wanna say… i cried when i saw the dashboard was gone. like… i put so much energy into tagging my friends and joining the tg… and now it’s just… empty. like a room with no one in it. i still have my acmd. i check it every day. like… a photo of a dead pet. i know it’s over. but i can’t delete it. 🥺
Taylor Farano
January 1 2026Let’s be real. The $20k airdrop was a cost of acquisition. They paid $4 per wallet address. That’s cheaper than a Facebook ad. And now they’ve got 5,000 verified crypto wallets with known behavior patterns. That’s a goldmine. The token? A decoy. The data? The product.
Patricia Whitaker
January 2 2026So… I didn’t even enter. Saw the Google Form. Thought ‘nah.’ And now I’m the only one who didn’t get scammed? Cool. I win. I guess.