FLY Airdrop by Franklin: How to Participate and What You Need to Know

The FLY airdrop by Franklin isn’t just another free token giveaway. It’s a lifeline for a project struggling to gain traction in a crowded crypto market. With trading volumes under $10 on most exchanges and market caps under $60,000, Franklin (FLY) is barely visible to most investors. But if you’re looking for early exposure to a project with real ecosystem tools - like a launchpad, staking, and trading signals - this airdrop might be your only chance to get in before (or if) anything changes.

What Is Franklin (FLY)?

Franklin (FLY) is the native token of the FLyECO ecosystem, a group of decentralized finance tools built on Ethereum. It’s not a meme coin, but it’s not a blue-chip either. It’s something in between: a functional token with real use cases, but zero mainstream recognition.

FLY powers four main parts of the ecosystem:

• FLy Launchpad - lets users participate in new token sales (IDOs)
• FLy Trading Signals - provides manual and API-based trade alerts
• FLyDEX - a decentralized exchange for traders
• FLy Staking and Farming - lets holders earn more FLY by locking it up

It also works as an eco-token for VRM businesses, giving holders discounts on Black Ocean transaction fees. That’s niche, but it’s not made up.

The token was launched in 2018, with a roadmap that ended in 2020. Since then, there’s been little public development. The team includes Andrei Grachev, Vladimir Demin, and a few others from Southeast Asia, but there’s no recent blog, no Twitter updates, and almost no community activity.

Why Is There an Airdrop at All?

If you’re wondering why anyone would give away FLY for free, here’s the answer: they have to.

With a circulating supply of around 519 million tokens (per Holder.io), and trading volumes so low they’re almost invisible, Franklin needs to get tokens into people’s wallets. Without users, there’s no liquidity. Without liquidity, there’s no price. And without price, the whole ecosystem collapses.

Airdrops are the cheapest way to do this. They don’t require marketing budgets. They don’t need paid ads. All they need is a few platforms willing to host them - and that’s exactly what’s happening.

So far, the main airdrop channels have been:

• CoinMarketCap - hosted a $25,000 FLY airdrop in July 2024
• Binance - distributed 164 FLY tokens to selected users in June 2024
• Bitget - runs ongoing promotions where users can earn FLY by completing tasks

These aren’t random. They’re strategic. Each platform is trying to boost FLY’s visibility by putting it in front of their own user base.

How to Participate in the FLY Airdrop

You can’t just sign up and get FLY. You need to act fast, and you need to use the right platforms. Here’s how it works right now.

1. CoinMarketCap Airdrop (Past, But Still Relevant)

The last major FLY airdrop was on CoinMarketCap from July 19 to July 28, 2024. It offered $25,000 worth of FLY tokens split among participants. You had to:

1. Have a CoinMarketCap account
2. Complete a simple verification (email + phone)
3. Follow Franklin’s official Twitter (@FrankLinYield)
4. Join their Telegram group

That campaign is over. But here’s the thing: CoinMarketCap often repeats airdrops for low-volume tokens. If FLY gets any traction, they’ll likely run another one. So keep an eye on their Airdrop page - and make sure you’re signed up for notifications.

2. Bitget Airdrop (Ongoing)

Bitget is currently the most active platform distributing FLY. Their system lets you earn FLY by completing challenges:

• Trade on Bitget (even small amounts count)
• Invite friends to join
• Complete daily login streaks
• Participate in their "Earn" section

There’s no fixed amount you’ll get - it depends on your activity level. But users report earning between 500 and 5,000 FLY per month just by staying active. The tokens go straight into your Bitget wallet, and you can withdraw them to your own Ethereum wallet.

Warning: Bitget’s interface is cluttered. You’ll need to dig into the "Promotions" or "Earn" tab to find the FLY offers. Don’t rely on their homepage - the airdrop isn’t always front and center.

3. Binance Airdrop (Past)

Binance gave out 164 FLY tokens to users on June 8, 2024. It was a small, targeted drop - likely for users who had traded other low-cap tokens before. You didn’t need to sign up. Binance selected users based on activity.

There’s no way to guarantee you’ll get picked next time. But if you trade on Binance regularly, especially in small-cap altcoins, you increase your odds. Keep your account active, and check the "Airdrops" section weekly.

Where Can You Trade FLY?

Don’t expect to buy FLY on Coinbase or Kraken. It’s not listed there. Right now, it only trades on two places:

• Uniswap V2 - FLY/USDT pair. Price: ~$0.000045. Daily volume: $6.
• ProBit Global - FLY/USDT pair. Price: ~$0.000034. Daily volume: $1.

That’s it. No other exchanges. No liquidity pools. No market makers.

Price history is wild. FLY hit a high of $0.0221 in 2021. Today, it’s trading at 0.000034 - a 99.8% drop. That’s not a correction. That’s a collapse.

But here’s the twist: the fully diluted valuation (FDV) is around $57,800. That means if all 1.7 billion FLY tokens were in circulation and priced at today’s rate, the market cap would be under $60K. That’s tiny. But if FLY ever got listed on a major exchange like Binance or OKX, and demand spiked even slightly, the price could jump 100x - or more.

Is FLY a Scam?

No, it’s not a scam. But it’s not a safe investment either.

The code is open. The GitHub repo is active (last commit in 2023). The team names are real. The ecosystem tools exist. There’s no evidence of rug pulls or hidden wallets.

But here’s the problem: no one’s using it.

There are no major partnerships. No media coverage. No user growth. The only reason FLY has any value at all is because of airdrops - and even those are fading.

If you’re thinking of buying FLY now, you’re betting on a miracle. You’re betting that someone will revive the project. That the team will launch a new roadmap. That a major exchange will list it. That’s possible - but it’s not likely.

Should You Join the FLY Airdrop?

Here’s the honest answer:

• Join if: You’re curious, you have a spare Ethereum wallet, and you’re okay with losing $0. You want to support a project with real tech, even if it’s failing. You’re not in it for profit - you’re in it for the experiment.
• Don’t join if: You’re looking to make money. You’ve never heard of FLY before today. You’re expecting a big payout. You’re putting in any real money.

The best-case scenario? You get 5,000 FLY from Bitget. At $0.000034, that’s $0.17. You hold it for a year. It goes up 100x. Now you have $17. You cash out. You made a dollar an hour for your time.

Worst-case scenario? You spend 20 minutes signing up. You get nothing. You forget about it. No harm done.

That’s the entire risk-reward profile.

What’s Next for Franklin (FLY)?

Nothing, unless someone steps in.

Gate.io renamed FLY to FRANKLINFLY in June 2024 to avoid confusion. That caused confusion. That’s not progress - that’s damage control.

There’s no new roadmap. No new team announcements. No product updates. The project is frozen.

But crypto is full of dead projects that came back. Think of Dogecoin. Think of Shiba Inu. They started as jokes. They had no team, no utility, no plan. But they got lucky.

FLY has utility. It has a team. It has a working ecosystem. It just needs a spark.

That spark could be a Binance listing. A partnership with a VRM platform. A viral marketing push. Anything.

Until then, the only way to get involved is through airdrops. And the only way to win is to be early - and patient.