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1 Million Nads NFT: Eligibility and Implications

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Not too long ago, Monad formally distributed the “1 Million Nads” NFT to customers who commented on one of many mission’s earlier posts on Twitter. This transfer has garnered vital consideration from the neighborhood, particularly amid rising hypothesis about Monad’s upcoming airdrop technique.

NFT Distribution Particulars

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

Tips on how to verify in case you obtained the NFT

By way of Monad Explorer:

Go to: https://testnet.monadexplorer.com/Please enter your pockets deal with into the search bar.Navigate to the “NFT” tab — in case you see

Via Monad Explorer

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 may proceed.

The NFT’s Position in Potential Airdrops

There’s hypothesis that holding the “1 Million Nads” NFT is likely to be a key think about 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 an identical marketing campaign the place customers who minted and held a commemorative NFT had been later airdropped round 500 APT, price 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.

Study Extra: High 10 Monad Tasks to Attempt for Airdrops

Nonetheless, take note:

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

Why a testnet airdrop is sensible:

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

Different Potential Airdrop Standards

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

Neighborhood Position (Nads Position on Discord)

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

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

Problem: ExcessiveEstimated Airdrop Chance: 100%

Stake-to-Airdrop

Given Monad’s affiliation with the Leap ecosystem, staking related tokens like W or PYTH might improve a consumer’s possibilities of receiving an airdrop. Beforehand, Wormhole rewarded the high 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

OKX Review 2024: Trading Features, Fees, and SecurityOKX Review 2024: Trading Features, Fees, and Security

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

Problem: Reasonable to Excessive (Capital-dependent)Estimated Airdrop Chance: 50–60%

Maintain-to-Airdrop

Holding particular NFT collections related to Monad’s ecosystem may be 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.

Problem: Excessive (Excessive price entry)Estimated Airdrop Chance: 90%

Pythenians

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

Problem: MediumEstimated Airdrop Chance: 60–70%

Pudgy Penguins & Wassies

Each tasks have founders who’re angel traders in Monad. This oblique connection might improve the probability of inclusion.

Problem: Medium to HighEstimated 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.



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