FODL Announces the Biggest Ever NFT Giveaway in Crypto History, Worth Close to $1 Million

The unstoppable demand for NFTs does not seem to be coming to an inevitable end as these distinctive non-fungible tokens have become the favored medium for social engagement

DeFi application FODL has announced the biggest NFT giveaway in crypto history, offering 24 Bored Ape Kennel Club (BAKC) NFTs and 1 Bored Ape NFT, valued at nearly $1** million. To **participate**, users must stake at least 1,000 FODL (around **$200). The NFTs will be given away over two and a half months, with 1 NFT being awarded every 3 days. The Bored Ape Kennel Club NFT series has been highly successful, with over 5,400 NFTs sold, generating over $193 million in total sales. In comparison, the Mutant Ape NFT series has sold around 4,000 NFTs, while the Degenerate Ape NFT series has sold less than 1,000 NFTs. NFT collaborations have become increasingly common, with major artists and companies launching their own collections. For instance, Binance and South Korean entertainment corporation YG have partnered to produce K-Pop NFTs. Additionally, Bundesliga league football club TSG Hoffenheim has announced their NFT partnership with BabyDogeCoin.

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