In Brief:
- Coinbase launched an NFT giveaway program for crypto wallet users.
- Coinbase will giveaway an NFT Bored Ape #4609 from Bored Ape Yacht Club collection.
- Users can participate in the giveaway from Oct 20 to Oct 26
- Coinbase appealed to users to do not make any purchases to win the giveaway
Currently, the NFT trend is in the hype, and every crypto lover wants to hold valuable NFT collections. Today’s Coinbase announcement is for those crypto lovers, who are excited to buy and collect NFTs as Coinbase launched an NFT giveaway program for crypto wallet users.
As per the announcement, Coinbase will giveaway an NFT Bored Ape #4609 from Bored Ape Yacht Club (BAYC). BAYC is the 2nd most expensive NFT collection on the leading marketplace Opensea, which holds an all-time sales volume of 264702.32 ETH.
The Time period or “Entry Period” will be from Oct 20 and ends on Oct 26 as per the pacific time zone.
As per the article, To win NFT, users will need a crypto wallet such as Coinbase, Metamask, etc. To win Bored Ape #4609 NFT, users will have to post a tweet with wallet username and #CoinbaseWalletSweepstakes
Coinbase also published an article on its website, where they had mentioned the giveaway details including how to set up an account, how to import an account. Coinbase has also written a disclaimer for participants, In which the company writes,
“NO PURCHASE NECESSARY TO PARTICIPATE OR WIN. A PURCHASE, TRANSACTION, OR PAYMENT OF ANY KIND WILL NOT INCREASE YOUR CHANCES OF WINNING.”
Moreover, Coinbase advised steps to win this NFT, “ To qualify for one (1) entry into the Sweepstakes random drawing, an Entrant must do the following:
- Create a Coinbase Wallet Account and create a Wallet username if you don’t have one.
- Sign in to your Twitter account.
- Follow @COINBASE; the Sponsor’s Official Twitter account on Twitter
- Tweet your Wallet Username and the hashtag”
The move is intended to attract crypto lovers to the NFTs marketplace as Coinbase had recently announced the launch of its marketplace.
