The 1 Million Nads NFT is a soulbound token (SBT) distributed by Monad, a Layer 1 blockchain project, to commemorate reaching 1 million followers on X.

This non-transferable NFT, which cannot be bought or sold, was minted in large quantities and sent to community members who engaged with Monad’s posts by commenting with their wallet addresses.

The distribution remains ongoing, with recipients able to verify their NFTs on platforms like Magic Eden.

While the 1 Million Nads NFT holds no inherent monetary value, speculation suggests it may serve as a marker for future rewards or airdrops, reinforcing Monad’s strategy of incentivizing early supporters and fostering community engagement.

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