1 Million Nads NFT: Eligibility and Implications

Lately, Monad formally distributed the “1 Million Nads” NFT to customers who commented on one of many challenge’s earlier posts on Twitter. This transfer has garnered important consideration from the neighborhood, particularly amid growing hypothesis about Monad’s upcoming airdrop technique.

NFT Distribution Particulars

• A complete of 627,641 “1 Million Nads” NFTs have been minted and despatched to neighborhood wallets.
• This may increasingly mark the preliminary step in setting eligibility standards for future airdrops.

How you can examine for those who obtained the NFT

By way of Monad Explorer:

• Go to: https://testnet.monadexplorer.com/
• Please enter your pockets tackle into the search bar.
• Navigate to the “NFT” tab — for those who see

Supply: Monad Explorer

By way of Magic Eden:

• Go to this in Magic Eden.
• If the NFT is current within the “My Gadgets” part, you’ll be able to proceed.

The NFT’s Function in Potential Airdrops

There’s hypothesis that holding the “1 Million Nads” NFT is perhaps a key consider qualifying for Monad’s future airdrops. This could possibly be a part of a technique to filter out bots and reward real neighborhood engagement.

Related Previous Campaigns:

Aptos beforehand launched the same marketing campaign the place customers who minted and held a commemorative NFT have been later airdropped round 500 APT, value over $1,500 on the time.

Monad Testnet Is Nonetheless Ongoing

Customers can nonetheless work together with Monad’s ecosystem by exploring and testing tasks reside on the testnet.

Be taught Extra: Top 10 Monad Projects to Try for Airdrops

Nevertheless, bear in mind:

Whereas there are rumors that testnet participation gained’t assure an airdrop, some neighborhood members imagine an airdrop continues to be extremely probably.

Why a testnet airdrop is smart:

• As a brand new Layer 1 blockchain, Monad is targeted on constructing a good and clear picture.
• Testnet customers are early supporters — a beneficial group for neighborhood constructing.
• Distributing tokens to testnet contributors additionally helps enhance the preliminary variety of holders, which is a key metric for any L1 challenge.

Different Potential Airdrop Standards

Along with testnet participation and holding the “1 Million Nads” NFT, a number of different actions and property could affect a consumer’s eligibility for future Monad airdrops. These embrace:

Neighborhood Function (Nads Function on Discord)

Energetic participation on Monad’s social channels can earn customers the Nads function within the official Discord. This path is good for these expert in content material creation or neighborhood engagement. By contributing by means of posts, discussions, and sharing updates, customers could also be granted this function — which is believed to be a sturdy sign for airdrop eligibility.

Though the Monad neighborhood is rising quickly, the variety of OG roles distributed to date stays beneath 1,000. This presents a beneficial alternative for brand new contributors to take initiative. Notably, the OG function is presently being traded OTC for $2,000–$3,000, additional signaling its perceived worth.

• Issue: Excessive
• Estimated Airdrop Chance: 100%

Stake-to-Airdrop

Given Monad’s affiliation with the Leap ecosystem, staking related tokens like W or PYTH could enhance a consumer’s possibilities of receiving an airdrop. Beforehand, Wormhole rewarded the prime 10,000 $PYTH stakers with an airdrop — setting a possible precedent.

Present benchmarks for the highest 10,000 stakers:

• $PYTH: ~$1,600
• $W: ~$1,400

These entry factors are accessible for a lot of customers, particularly these already holding the tokens. Nevertheless, Monad could apply stricter thresholds sooner or later — presumably focusing on the highest 5,000 and even 1,000 stakers.

• Issue: Average to Excessive (Capital-dependent)
• Estimated Airdrop Chance: 50–60%

Maintain-to-Airdrop

Holding particular NFT collections related to Monad’s ecosystem is also a key eligibility issue:

MadLads

Extremely more likely to be included. Monad has invested in Backpack — which serves as its major pockets — and MadLads is intently tied to the Backpack ecosystem.

• Issue: Excessive (Excessive price entry)
• Estimated Airdrop Chance: 90%

Pythenians

Intently aligned with the Pyth Community, which itself has sturdy ties to Monad. Though the neighborhood isn’t presently deeply concerned in Monad-related actions, its positioning throughout the Leap ecosystem nonetheless makes it a possible candidate.

• Issue: Medium
• Estimated Airdrop Chance: 60–70%

Pudgy Penguins & Wassies

Each tasks have founders who’re angel traders in Monad. This oblique connection could enhance the chance of inclusion.

• Issue: Medium to Excessive
• Estimated Airdrop Chance: TBD (Speculative)

Conclusion

The “1 Million Nads” NFT is not only a commemorative drop — it might be a part of a broader, curated airdrop technique by Monad. Monad encourages customers to remain engaged with the ecosystem and monitor the evolving eligibility standards.