Top 5 NFT Collections on Monad potential for Airdrop

The release of the mainnet for the EVM-compatible layer-one blockchain Monad and its native token MON is scheduled for November 24. In addition Monad has successfully raised $224 million in total, led by Dragonfly Capital.

Now, users could focus on hunting gems and seeking incentives from projects within the Monad ecosystem. Let’s dive into the top 5 NFT collection potential for Airdrop in this article.

What is Monad?

Monad is a next-generation Layer 1 blockchain that leverages the Proof of Stake (PoS) consensus mechanism while maintaining full compatibility with the Ethereum Virtual Machine (EVM). 

A key innovation of Monad lies in its Parallel Execution engine, which enables the network to process transactions simultaneously rather than sequentially. This architectural breakthrough empowers Monad to achieve throughput of up to 10,000 transactions per second (TPS), significantly outperforming most existing EVM-compatible chains.

Some key features of Monad include:

• Parallel Execution: Unlike Ethereum and many traditional blockchains that process transactions on a single thread, Monad enables multiple transactions to be executed simultaneously across multiple processing cores.
• Superscalar Pipelining: Separates consensus and execution into parallel stages, enabling the blockchain to achieve 10,000 TPS with block times of 400–1,000ms while reducing transaction costs to minimal levels.
• MonadBFT - Consensus Mechanism: A customized version of the HotStuff consensus, focused on optimizing communication between nodes to reduce latency and increase consensus speed.
• Balancing Scalability and Decentralization: Unlike Layer 2 solutions, Monad optimizes directly at Layer 1 to achieve 10,000 TPS while maintaining low costs and minimal hardware requirements (e.g., no need for high-end servers to run nodes).

Top NFT Collection on Monad

To best prepare for this promising Layer 1, here're top 5 NFT collections on Monad that are expected by the community about their airdrop:

ChogNFT

ChogNFT is a leading NFT collection in the Monad ecosystem, considered as the mascot of Monad. This project focuses on community, fun and building IP. It originated from the Monad community and has grown strongly through minting on testnet.

ChogNFT's NFT collection available on Magic Eden (e.g. Chog's Mystery Chest and Chog Pass on testnet), users can mint easily with a small fee. Their founder is Benja, a top Monad KOL with over 30,000 followers.

Key outstanding of ChogNFT include:

• NFT collection features hand-drawn art with around 222 traits and an expected supply of 4,444 or less 
• Focus on retarded culture, no serious roadmap, community-driven.
• Minted over 31,000/100,000 free Mystery Key NFTs on testnet.
• Fair launch and airdrop of $CHOG tokens to NFT holders

Monadverse

Monadverse is a community-driven NFT project on Monad, inspired by fictional monanimals such as Molandak, Chog, Moyaki, Mouch, and Salmonad. It is considered a cultural movement that combines storytelling, minting, and rewards to build a creative community. Monadverse's NFT collection is free for loyal supporters with supply TBA, under the concept of a fun jungle filled with laughter, mystery, and connection.

Key outstanding of Monadverse include:

• Monadverse NFTs are minted by story chapter, each NFT represents a chapter and unlocks rewards from over 40 partner projects
• Integrating testnet minting with backstory lore and immersive experiences. 
• Over 3.2 million $MON traded and 1.08 million NFTs minted

Monadverse has announced the airdrop conditions to the community and the airdrop check link. Users need to have 10 chapters of Monadverse before the Snapshot time to be eligible for the airdrop from the project.

Skrumpeys

Skrumpeys is a fun, quirky meme and NFT project with a signature humorous style. The project is known for its unique visuals and small but enthusiastic community, which regularly creates viral memes within the system. Skrumpeys represents the spirit of entertainment and the spontaneity of blockchain culture, helping to make the Monad ecosystem more vibrant in its early stages of development.

Key outstanding of Skrumpeys:

• Collection of 3,333 pixelated NFTs (32x32 grid), no use-case.
• Collaborated with projects like Kuru Exchange (WL and NFT giveaway).
• Minted testnet, holders receive a $900 reward.

The project recently announced the completion of the snapshot, the airdrop details are yet to be revealed.

Meowwnad

Meowwnad impresses with its cute and friendly cat concept, while maximizing the appeal of cat memes in the web3 community. This is an NFT/meme project that focuses on building community, creating interaction and maintaining fun and lightness in the Monad system.

Recently, Meowwnad has allowed the community to register their wallets to receive Whitelist mint when Monad mainnet. The condition for registration is that these wallets own Meowwnad NFT on testnet

Wonad

Wonad is Monad's first Plant-to-Earn project, combining blockchain with real-world sustainability impact. Users plant virtual trees to earn rewards, creating environmental impact. Wonad Card is an NFT celebrating positive activities.

Key features of Wonad include:

• Plant-to-Earn: Earn rewards through growth, connection, and sustainability.
• Wonad Card: NFT celebrating positive activities.

Recently, Wonad has allowed the community to register their wallets to receive Whitelist mint depending on tier NFT

Conclusion

The Monad ecosystem is still in its early stage, but the momentum behind its NFT sector is growing at a remarkable pace. These five collections highlight the cultural depth, community strength, and experimental energy that Monad is fostering ahead of mainnet.

Disclaimer: This article is for informational purposes only, not investment advice, and Whales Market is not responsible for any of your investment decisions.

1. Who is behind Monad?

Monad was founded by ex-Jump Trading engineers, including CEO Keone Hon and CTO James Hunsaker, with backing from top VCs such as Paradigm and Dragonfly.

2. Why is the Monad ecosystem gaining attention?

With $240M in funding and over 20 upcoming projects, Monad combines cutting-edge scalability with a vibrant community, making it one of the most anticipated Layer 1s.

3. What is Monad ($MON) pre-market price?

Currently, $MON is trading on Whales Market. Whales Market is the leading pre-market DEX platform to trade pre-TGE tokens and allocations, with over $300 million in volume, no middlemen, trustless and on-chain.

4. What is the price of Monad ($MON) today?

While Monad ($MON) hasn't been listed yet, users can trade $MON pre-market at on Whales Market before the TGE. Here you can trade $MON before the asset gets listed on leading CEXes like Binance, Bybit or OKX.

5. How to trade $MON (Monad) on Whales Market?

If you want to trade $MON (Monad) on Whales Market, you can either create an offer or buy/sell from other users’ offers. For full details, please read the Whales Market docs.