QBT Airdrop Details: BSC MVB III x Qubit Event Explained

The QBT airdrop from the BSC MVB III x Qubit Event was a small but strategic move in the early days of Binance Smart Chain’s DeFi boom. It happened in September 2021 - specifically starting on September 28th UTC+0 - and distributed $20,000 worth of QBT tokens to participants. This wasn’t a massive, viral giveaway like some other airdrops of the time. It was focused. Targeted. Designed to reward early supporters of projects building real infrastructure on BNB Chain.

What Was the MVB III Program?

The Most Valuable Builder (MVB) program was CoinMarketCap’s accelerator for blockchain startups, run in partnership with YZi Labs and CMC Labs. MVB III was the third cohort, and it picked seven projects to support over four weeks. These weren’t just random teams. They were developers and founders already building on Binance Smart Chain, working on things like lending protocols, decentralized exchanges, and yield aggregators. Qubit was one of them.

The goal? Help these teams grow. Not just with money, but with mentorship, access to BNB Chain’s team, and exposure across CoinMarketCap’s platform. For Qubit, that meant getting visibility among traders and investors who were actively looking for the next big DeFi tool on BSC.

How Did the QBT Airdrop Work?

There’s no public smart contract or detailed claim portal left online today. That’s because the event is long over. But from archived community posts and project announcements, we know the basics:

• The airdrop was tied to participation in the MVB III program’s public activities - things like joining Qubit’s Discord, following their Twitter, and engaging with their content.
• Eligibility wasn’t based on holding a specific token or staking assets. It was about being an active community member during the event window.
• Participants didn’t need to deposit funds or provide private keys. It was a true airdrop, not a token sale or liquidity mining scheme.
• QBT tokens were distributed directly to wallets that met the criteria. No claim period. No waiting. Tokens appeared automatically.

The total value was $20,000. That sounds small now, but back then, it was enough to attract hundreds of early adopters. Each recipient got a few hundred QBT tokens - not life-changing money, but enough to give people skin in the game.

Why Did Qubit Run This Airdrop?

Qubit wasn’t trying to pump its price. It was trying to build a community.

In late 2021, BSC was flooded with DeFi projects. Every week, a new lending protocol or yield optimizer launched. Most failed within months. Qubit needed to stand out. So instead of chasing big-name influencers or paying for ads, they focused on building real relationships with users who understood the tech.

The MVB III airdrop was their way of saying: “We’re not just another DeFi app. We’re building something sustainable, and we want you to be part of it.”

It worked. The event helped Qubit attract developers, testers, and long-term holders - people who stuck around even after the token price dipped. That’s more valuable than a short-term spike in holders.

What Happened to QBT After the Airdrop?

Qubit’s protocol launched fully in October 2021, shortly after the airdrop ended. The QBT token became the governance token for the platform, letting holders vote on upgrades, fee structures, and new features.

At its peak in early 2022, QBT traded above $0.15. By mid-2023, it settled around $0.003 - a common fate for many DeFi tokens after the bull market cooled. But here’s the key point: Qubit didn’t disappear.

As of 2025, Qubit is still operational. It supports multi-chain lending and borrowing across BSC, Ethereum, and Polygon. The team has quietly rebuilt its infrastructure, improved security audits, and reduced gas fees. The QBT token is still in use - not as a speculative asset, but as a functional governance tool.

The original airdrop recipients? Most of them moved on. But a small group kept holding. Some even joined the core team. That’s the real legacy of the event - not the price, but the people.

Could This Happen Again?

Unlikely. The MVB program ended after its fourth cohort in 2022. CoinMarketCap shifted focus to other initiatives. YZi Labs moved on to different projects. The era of structured, program-backed airdrops on BSC is over.

Today, most airdrops are either:

• Token sales disguised as giveaways
• Community rewards for liquidity provision
• Marketing stunts by new projects with no long-term roadmap

The QBT airdrop was different. It was tied to a real accelerator program. It rewarded engagement, not just wallet addresses. And it had a clear purpose: to help a promising DeFi protocol launch with a loyal user base.

Is QBT Still Worth Holding?

If you’re looking to flip QBT for a quick profit - no. The token has no major exchange listings anymore, and trading volume is near zero.

But if you’re interested in the long-term health of Qubit’s protocol - yes, holding QBT still matters. It’s the only way to vote on future upgrades. The team still releases quarterly reports. The smart contracts have been audited twice since 2022. And the protocol continues to process small but steady volumes of cross-chain lending.

The airdrop was never about getting rich. It was about getting involved.

What You Can Learn From This Airdrop

Most people chase airdrops like lottery tickets. They join every Discord, claim every token, and never look back. The QBT event shows a better way:

• Look for airdrops tied to real programs - not just random giveaways.
• Engage with the team. Ask questions. Read their blog. Don’t just copy-paste wallet addresses.
• Hold tokens if they serve a function, not just because they’re free.
• Ignore hype. Focus on what the project actually builds.

The best airdrops aren’t the ones that make you rich. They’re the ones that introduce you to projects you actually care about.