1 Million Nads NFT: Eligibility and Implications

Recently, Monad officially distributed the “1 Million Nads” NFT to users who commented on one of the project’s previous posts on Twitter. This move has garnered significant attention from the community, especially amid increasing speculation about Monad’s upcoming airdrop strategy.

NFT Distribution Details

• A total of 627,641 “1 Million Nads” NFTs were minted and sent to community wallets.
• This may mark the initial step in setting eligibility criteria for future airdrops.

How to check if you received the NFT

Via Monad Explorer:

• Visit: https://testnet.monadexplorer.com/
• Please enter your wallet address into the search bar.
• Navigate to the “NFT” tab — if you see

Via Magic Eden:

• Visit this in Magic Eden.
• If the NFT is present in the “My Items” section, you can proceed.

The NFT’s Role in Potential Airdrops

There’s speculation that holding the “1 Million Nads” NFT might be a key factor in qualifying for Monad’s future airdrops. This could be part of a strategy to filter out bots and reward genuine community engagement.

Similar Past Campaigns:

Aptos previously launched a similar campaign where users who minted and held a commemorative NFT were later airdropped around 500 APT, worth over $1,500 at the time.

Monad Testnet Is Still Ongoing

Users can still interact with Monad’s ecosystem by exploring and testing projects live on the testnet.

Learn More: Top 10 Monad Projects to Try for Airdrops

However, keep in mind:

While there are rumors that testnet participation won’t guarantee an airdrop, some community members believe an airdrop is still highly likely.

Why a testnet airdrop makes sense:

• As a new Layer 1 blockchain, Monad is focused on building a fair and transparent image.
• Testnet users are early supporters — a valuable group for community building.
• Distributing tokens to testnet participants also helps increase the initial number of holders, which is a key metric for any L1 project.

Other Potential Airdrop Criteria

In addition to testnet participation and holding the “1 Million Nads” NFT, several other actions and assets may influence a user’s eligibility for future Monad airdrops. These include:

Community Role (Nads Role on Discord)

Active participation on Monad’s social channels can earn users the Nads role in the official Discord. This path is ideal for those skilled in content creation or community engagement. By contributing through posts, discussions, and sharing updates, users may be granted this role — which is believed to be a strong signal for airdrop eligibility.

Although the Monad community is growing rapidly, the number of OG roles distributed so far remains under 1,000. This presents a valuable opportunity for new contributors to take initiative. Notably, the OG role is currently being traded OTC for $2,000–$3,000, further signaling its perceived value.

• Difficulty: High
• Estimated Airdrop Likelihood: 100%

Stake-to-Airdrop

Given Monad’s association with the Jump ecosystem, staking relevant tokens like W or PYTH may increase a user’s chances of receiving an airdrop. Previously, Wormhole rewarded the top 10,000 $PYTH stakers with an airdrop — setting a potential precedent.

Current benchmarks for the top 10,000 stakers:

• $PYTH: ~$1,600
• $W: ~$1,400

These entry points are accessible for many users, especially those already holding the tokens. However, Monad may apply stricter thresholds in the future — possibly targeting the top 5,000 or even 1,000 stakers.

• Difficulty: Moderate to High (Capital-dependent)
• Estimated Airdrop Likelihood: 50–60%

Hold-to-Airdrop

Holding specific NFT collections associated with Monad’s ecosystem could also be a key eligibility factor:

MadLads

Highly likely to be included. Monad has invested in Backpack — which serves as its primary wallet — and MadLads is closely tied to the Backpack ecosystem.

• Difficulty: High (High cost entry)
• Estimated Airdrop Likelihood: 90%

Pythenians

Closely aligned with the Pyth Network, which itself has strong ties to Monad. Although the community isn’t currently deeply involved in Monad-related activities, its positioning within the Jump ecosystem still makes it a potential candidate.

• Difficulty: Medium
• Estimated Airdrop Likelihood: 60–70%

Pudgy Penguins & Wassies

Both projects have founders who are angel investors in Monad. This indirect connection may increase the likelihood of inclusion.

• Difficulty: Medium to High
• Estimated Airdrop Likelihood: TBD (Speculative)

Conclusion

The “1 Million Nads” NFT is not just a commemorative drop — it may be part of a broader, curated airdrop strategy by Monad. Monad encourages users to stay engaged with the ecosystem and monitor the evolving eligibility criteria.