Home » Fodl platform to hold biggest NFTs giveaway in history

Fodl platform to hold biggest NFTs giveaway in history

by v

Fodl, a trading and staking platform, is to launch a $1 million NFTs giveaway to reward its community and attract more people. The NFTs will include 24 Bored Ape Kennell Clubs (BAKC) as well as a Bored Ape Yacht Club (BAYC) worth over $300,000.

Fodl to distribute $1 million in NFTs

DeFi trading platform Fodl has announced a giveaway in the form of $1 million non-fungible tokens (NFTs).

In an official statement on Medium, Fodl presented its project as “the biggest NFTs giveaway in history” in order to gain visibility and attract a new audience.

The collection will consist of 24 Bored Ape Kennell Clubs (BAKC) and 1 Bored Ape Yacht Club (BAYC). The identity of the BAYC that will be distributed is still unknown, but the BAKC collection can be viewed on the dedicated OpenSea page

“Whether you’re staking FODLs, trading, raising awareness on social media or being a Boatlifter on our Discord, our huge giveaway of NFTs will mean a lot to you.” – Fodl’s statement on Medium

To be eligible, users of the platform will need to stake at least 1,000 FODLs during the giveaway period, which runs from February 14 to April 30.

To increase their chances of being selected, they can also stake even more FODL, trade on the platform, advertise Fodl on social networks or be a “Boatlifter”, a special status given to Discord users who help the community the most.

A BAKC will be given out every 3 days, then the BAYC will be revealed and given out at the end of the giveaway

Successful NFTs

The 24 Bored Ape Kennell Clubs to be offered have an average floor price of 9 ETH, or about $28,000. Initially, the BAKCs were offered as a reward to BAYC owners in July 2021.

Today, the collection has reached $142.4 million in total volume, making it the 17th largest collection of NFTs, according to DefiLlama.

The only information disclosed by Fodl regarding the BAYC is its floor price, which is currently reported to be worth ETH 100, or approximately $309,000.

BAYCs are highly sought after and even attract international stars such as Eminem, who recently bought one for $450,000, Post Malone, Jimmy Fallon, Stephen Curry and Snoop Dogg.

Although parallel collections have been created, such as the Mutant Ape, the price of the original collection is still rising.

BAYC floor price evolution monthly (Source: Dune Analytics)

BAYC floor price evolution monthly (Source: Dune Analytics)


The NFTs and metaverses market is constantly gaining new horizons, as evidenced by the countless partnerships in the field, such as Julian Assange’s recent partnership with artist Pak, or the recent $5 billion valuation of NFTs game studio Animoca Brands.

It should also be remembered that the NFTs market had exceeded $41 billion in 2021 alone, according to a report by Chainalysis.

Related Posts

Leave a Comment