FLY Airdrop by Franklin: How to Claim Free Tokens and What You Need to Know

If you’ve heard about the FLY airdrop from Franklin, you’re not alone. Thousands of crypto users are checking if they can still claim free FLY tokens - and whether it’s worth the effort. The truth? This isn’t another big-name airdrop like Polygon or Arbitrum. Franklin’s FLY token is tiny, volatile, and surrounded by confusing data. But if you’re curious, here’s exactly what’s real, what’s not, and how to actually get involved - if you still can.

What Is Franklin (FLY)?

Franklin (FLY) is the native token of the FLyECO ecosystem - a group of decentralized tools built around trading, staking, and launching new crypto projects. Think of it like a mini crypto platform with four main parts: FLy Launchpad for new token sales, FLy Trading Signals for manual and automated trade alerts, FLyDEX for decentralized trading, and FLy Staking/Farming to earn more FLY by locking up your tokens.

It’s not a household name. You won’t find it on Coinbase or Kraken. It trades mostly on Uniswap V2 and ProBit Global, with daily volumes under $10. The token’s price has swung wildly - from a high of $0.0221 down to as low as $0.000000003. Right now, it’s hovering around $0.00003-$0.00005. That’s not a typo. You need millions of tokens to make even a dollar.

FLY Airdrop History: What Actually Happened

There were two real airdrops tied to Franklin - both in 2023 and early 2024. The biggest one was a $25,000 campaign hosted by CoinMarketCap from July 19 to July 28, 2023. Users had to sign up through CoinMarketCap’s airdrop portal, complete simple tasks like following Franklin’s Twitter (@FrankLinYield), joining Telegram, and verifying their wallet. Each participant got a small slice of the 25K pool - likely between 50 and 500 FLY tokens, depending on how many joined.

Another confirmed airdrop happened on Binance on June 8, 2023. Binance gave out 164 FLY tokens to selected users. This wasn’t open to everyone - it was a targeted promotion to test interest in low-cap tokens. You couldn’t apply. Binance picked users based on activity, past airdrop participation, and wallet history.

Bitget also ran ongoing FLY promotions where users could earn FLY by completing challenges - like trading other tokens or referring friends. But these weren’t standalone airdrops. They were reward systems that converted points into FLY. If you didn’t have an active Bitget account during that time, you missed it.

Can You Still Claim FLY Tokens for Free?

No. All official airdrops are closed. The CoinMarketCap campaign ended in July 2023. Binance’s was a one-time event. Bitget’s rewards program shifted focus to other tokens months ago.

Some websites still claim you can “claim FLY now” - but they’re either outdated, scams, or redirecting you to trading platforms where you have to buy the token. If a site asks for your private key, connects your wallet to an unknown contract, or says “limited spots left,” walk away. FLY isn’t being distributed anymore. The project’s social media has gone quiet since late 2023.

Why the Confusion? Supply and Price Discrepancies

Here’s the messy part: nobody agrees on how many FLY tokens exist.

• Holder.io says 519 million are circulating, with a max supply of 1.7 billion.
• Bitget says circulating supply is zero, but total supply is 1.69 billion.
• Binance lists market cap as $0, even though the price is $0.000051.

This isn’t a glitch - it’s a sign of poor transparency. Smaller tokens like FLY often lack audits, official blockchain explorers, or clear tokenomics. The price differences across exchanges (Uniswap at $0.000045, ProBit at $0.000034) show how little liquidity there is. One trade can move the price 20%.

And then there’s the name change. In June 2023, Gate.io renamed FLY to FRANKLINFLY to avoid confusion with other tokens. That caused traders to lose track of the correct contract address. Many wallets still hold the old FLY token - which is now worthless on that exchange.

Is FLY Worth Anything Today?

Technically, yes. But practically? Almost nothing.

With a market cap under $20,000 and daily trading volume below $10, FLY has no real market. No institutional buyers. No major partnerships. No recent updates from the team. The project’s roadmap ended in 2020. The founders - Andrei Grachev, Vladimir Demin, Raymond Campbell - haven’t posted publicly in over a year.

Some people still hold FLY hoping for a bull market rebound. The token’s all-time high was $0.0221 - over 400x its current price. But that was in 2021. No one is predicting a comeback. CryptoTotem, one of the few sites covering FLY, bluntly says: “the value of FLY is not widely recognized by the market.”

How to Buy FLY If You Still Want To

If you’re determined to get FLY, here’s how - and why you should think twice.

1. Connect a wallet like MetaMask to Uniswap V2.
2. Search for FLY/USDT pair. The contract address is 0x5f18c75abdae578b483e5f43f12a39cf99b8832c (verify it yourself - scams exist).
3. Trade USDT for FLY. You’ll pay high slippage - 5% or more - because of low liquidity.
4. Store it in your wallet. Don’t expect to use it anywhere. No staking platforms are active. No exchanges list it for fiat.

Bottom line: You’re buying a gamble. Not an investment. There’s no utility, no roadmap, no community. Just a token with a history of volatility and zero growth.

What Happened to the Franklin Team?

The original team listed on CryptoTotem - Andrei Grachev, Shawn Chong, Yoichi Akase, Raymond Campbell, Zac Zou - haven’t posted on Twitter, LinkedIn, or GitHub since late 2023. The GitHub repo for Franklin-Token hasn’t been updated since 2020. The official website, tokenfly.co, still loads, but the blog is empty. No announcements. No press releases. No new features.

This isn’t a dead project - it’s a forgotten one. No one is maintaining it. No one is marketing it. The airdrops were the last attempt to generate buzz. And it didn’t work.

Should You Even Bother With FLY?

If you’re looking for free crypto - skip FLY. The airdrops are over. The token has no value. The team is gone.

If you’re curious about how low-cap tokens die - then FLY is a textbook case. It had a decent concept: a trading ecosystem with staking and signals. But no execution. No transparency. No communication. No liquidity. No future.

Most people who claimed FLY during the 2023 airdrops now have tokens worth less than a dollar. Some sold for a few cents. Others are still holding, hoping. That’s not investing. That’s nostalgia.

There are hundreds of new airdrops every month - with real teams, active communities, and clear utility. Don’t waste time on ghosts.

What to Do Instead

Instead of chasing dead tokens, focus on:

• Current airdrops from established projects like Arbitrum, zkSync, or LayerZero
• Staking on platforms with real volume - like Coinbase or Kraken
• Following crypto newsletters that list verified upcoming airdrops
• Using tools like AirdropAlert or TokenSniffer to check legitimacy

There’s plenty of free crypto out there - if you know where to look. FLY isn’t one of them.