{"investigation":{"slug":"chads-nft","entity_name":"Chads NFT","trust_score":69,"severity_base":69,"score_modifier":0,"confidence":0.55,"status":"published","content_type":"investigation","summary":"\"Chads NFT\" is a name shared by at least two unrelated NFT collections: a 10,000-piece hand-drawn collection launched on Ethereum around August 2021, and a separate 5,565-piece pixel-art collection on Solana (chads.wtf) that minted on April 20, 2023. No regulatory action, lawsuit, hack, or verified rug-pull allegation was found against either project as of this research. Both show characteristics common to speculative, low-liquidity meme-PFP NFT projects, including thin trading volume and largely anonymous or pseudonymous teams.","sections":[{"content":"The name \"Chads NFT\" or \"Chads\" is used by multiple distinct projects. One is an Ethereum-based collection of 10,000 hand-drawn \"Chad\" character NFTs, listed on OpenSea, whose marketing describes \"Chad\" as representing an early adopter of DeFi and NFT culture who engages in high-risk trading of unaudited protocols and speculative tokens. A separate project, branded at chads.wtf, is a Solana-based collection of 5,565 algorithmically generated pixel-art NFTs that minted on the Elixir launch pad on April 20, 2023, and describes itself as an \"NFT social club.\" A third, unrelated project called \"Chad's Dad\" also exists on Solana. Because these projects share branding and imagery themes but are not demonstrably affiliated, any assessment of \"Chads NFT\" risk should specify which collection is meant. This investigation covers both major namesakes as no single canonical \"Chads NFT\" entity could be confirmed as the sole referent.","heading":"Identity and Naming Ambiguity","sources":[{"url":"https://opensea.io/collection/chads-nft","name":"Chads NFT collection page, OpenSea","type":"other","credibility":2},{"url":"https://www.chads.wtf/","name":"Chads — Don't let your memes be dreams (chads.wtf)","type":"official","credibility":2},{"url":"https://chadsdadnft.com/","name":"Chad's Dad - NFT Collection on Solana","type":"other","credibility":3},{"url":"https://www.coingecko.com/en/nft/chads","name":"CHADS NFT Floor Price Chart, CoinGecko","type":"research","credibility":2}],"severity":"low"},{"content":"Both major Chads collections show signs of low current liquidity, a common feature of smaller speculative NFT projects rather than evidence of fraud on its own. The Ethereum-based Chads NFT collection (10,000 supply, 9,952 minted, roughly 2,268 holders per OpenSea data) showed 24-hour trading volume of approximately $0 and 7-day volume of roughly $14.72 at the time of research, with a floor price around 0.00079 ETH. The Solana-based chads.wtf collection (5,565 items, roughly 1,235 unique holders per aggregator data) showed a market capitalization figure cited at roughly $210,287 and a floor price cited around $37.79 on nftpricefloor and CoinGecko aggregator pages. Thin volume and small holder counts are typical across the broader NFT market and are not themselves proof of wrongdoing, but they indicate limited exit liquidity for holders, which is a general risk factor for this class of asset.","heading":"Market Activity and Liquidity","sources":[{"url":"https://opensea.io/collection/chads-nft","name":"Chads NFT collection page, OpenSea","type":"other","credibility":2},{"url":"https://nftpricefloor.com/chadswtf","name":"CHADS - NFT Price Floor - Chart & Stats","type":"research","credibility":2},{"url":"https://www.coingecko.com/en/nft/chads","name":"CHADS NFT Floor Price Chart, CoinGecko","type":"research","credibility":2}],"severity":"medium"},{"content":"Targeted searches for allegations of fraud, rug pulls, scams, lawsuits, regulatory action, wash-trading investigations specific to Chads NFT, phishing incidents, or Discord/smart-contract hacks tied to either the Ethereum or Solana Chads projects did not return any verified reports as of October 2026. General research on NFT wash trading and rug pulls across the broader market exists, but no source links such findings specifically to a Chads-branded project. This absence of findings should not be read as a clean bill of health; it reflects that no public allegation meeting this platform's sourcing standard was located, for a project category (small, largely anonymous-team meme PFP collections) that is inherently under-covered by major news outlets.","heading":"No Verified Fraud, Regulatory Action, or Hack Found","sources":[{"url":"https://www.helpnetsecurity.com/2024/12/23/nft-scammers-charged-rug-pulls-vault-of-gems-roost-coin-moonportal/","name":"Search review: NFT scams and rug pulls (general market context)","type":"news_article","credibility":2}],"severity":"low"},{"content":"The teams behind both major Chads projects are presented primarily under pseudonyms. The Ethereum Chads NFT project's publicly listed roles include \"Dev Chad\" (described as founder, developer, and artist) and \"Izzy\" (partnerships/strategy), without full legal names disclosed on the project's public materials found during this research. The Solana chads.wtf project lists pseudonymous roles such as \"MightySol\" (self-described \"Chief Yes Officer\"), \"Chadroid,\" and \"fatal chadgedy,\" alongside unnamed \"Yes Advisors.\" Pseudonymous teams are common throughout the NFT and broader crypto industry and are not inherently indicative of fraud, but they reduce accountability and make independent verification of claims more difficult, which is a standard risk factor this platform notes for anonymous-team projects generally.","heading":"Team Transparency","sources":[{"url":"https://www.bitdegree.org/crypto-tracker/top-ethereum-dapps/chad-nft","name":"Chads NFT dApp overview, BitDegree","type":"other","credibility":3},{"url":"https://www.chads.wtf/","name":"Chads — Don't let your memes be dreams (chads.wtf)","type":"official","credibility":2}],"severity":"medium"}],"timeline":[{"date":"2021-08","event":"An Ethereum-based \"Chads NFT\" collection of 10,000 hand-drawn characters reportedly launched.","source":"Search aggregation summary citing the collection's described launch period","source_url":"https://opensea.io/collection/chads-nft"},{"date":"2023-04-20","event":"The Solana-based chads.wtf CHADS collection of 5,565 NFTs minted via the Elixir launch pad.","source":"dapp.expert project summary","source_url":"https://dapp.expert/dapp/en-solana-chads","date_evidence":"CHADS was released on April 20, 2023"}],"sources_used":[{"url":"https://opensea.io/collection/chads-nft","name":"Chads NFT collection page, OpenSea","type":"other","archive_url":"http://web.archive.org/web/20260310033424/https://opensea.io/collection/chads-nft","credibility":2,"archive_timestamp":"2026-03-10T03:34:24+00:00"},{"url":"https://www.chads.wtf/","name":"Chads — Don't let your memes be dreams (chads.wtf)","type":"official","archive_url":"http://web.archive.org/web/20260505002410/https://www.chads.wtf/","credibility":2,"archive_timestamp":"2026-05-05T00:24:10+00:00"},{"url":"https://chadsdadnft.com/","name":"Chad's Dad - NFT Collection on Solana","type":"other","archive_url":null,"credibility":3,"archive_error":"error:no-job","archive_status":"unarchivable","archive_timestamp":null},{"url":"https://www.coingecko.com/en/nft/chads","name":"CHADS NFT Floor Price Chart, CoinGecko","type":"research","archive_url":"https://web.archive.org/web/20261007114828/https://www.coingecko.com/en/nft/chads","credibility":2,"archive_timestamp":"2026-10-07T11:48:28+00:00"},{"url":"https://nftpricefloor.com/chadswtf","name":"CHADS - NFT Price Floor - Chart & Stats","type":"research","archive_url":"http://web.archive.org/web/20260505003254/https://nftpricefloor.com/chadswtf","credibility":2,"archive_timestamp":"2026-05-05T00:32:54+00:00"},{"url":"https://dapp.expert/dapp/en-solana-chads","name":"Chads: An Exclusive Collection of NFTs on the Solana Blockchain, dapp.expert","type":"other","archive_url":"http://web.archive.org/web/20260504161617/https://dapp.expert/dapp/en-solana-chads","credibility":3,"archive_timestamp":"2026-05-04T16:16:17+00:00"},{"url":"https://www.bitdegree.org/crypto-tracker/top-ethereum-dapps/chad-nft","name":"Chads NFT dApp overview, BitDegree","type":"other","archive_url":"https://web.archive.org/web/20261007070600/https://www.bitdegree.org/crypto-tracker/top-ethereum-dapps/chad-nft","credibility":3,"archive_timestamp":"2026-10-07T07:06:00+00:00"},{"url":"https://www.cryptoslam.io/chads-2","name":"Chads NFT tracker, sales volume, floor values, rarity, cryptoslam","type":"research","archive_url":"http://web.archive.org/web/20260724171709/https://www.cryptoslam.io/chads-2","credibility":2,"archive_timestamp":"2026-07-24T17:17:09+00:00"},{"url":"https://www.helpnetsecurity.com/2024/12/23/nft-scammers-charged-rug-pulls-vault-of-gems-roost-coin-moonportal/","name":"NFT scammers charged for stealing $22 million through rug pulls, Help Net Security","type":"news_article","archive_url":"http://web.archive.org/web/20260311042750/https://www.helpnetsecurity.com/2024/12/23/nft-scammers-charged-rug-pulls-vault-of-gems-roost-coin-moonportal/","credibility":2,"archive_timestamp":"2026-03-11T04:27:50+00:00"}],"source_tags":[],"addresses":[],"reviewed":false,"reviewed_by":null,"model_used":"claude-code-investigator","created_at":"2026-04-20T05:55:10.265948+00:00","updated_at":"2026-10-10T18:46:39.472+00:00"},"source_quality":{"total":9,"tier1":0,"tier2":0,"tier3":0,"unrated":9},"follower_count":null,"content_updated_at":"2026-10-10T18:46:39.749Z","last_fact_checked_at":"2026-05-06T02:50:05.755Z","fact_check_next_allowed_at":null,"update_next_allowed_at":null}