Virtual asset exchange Foblgate (CEO Cheolyi Lee) and WAFL Foundation announced the opening of the much-anticipated WAFL trading contest today. 

WAFL trading contest will randomly select users with high transaction amounts in WAFL trading to give away luxury brand prizes, including a Porsche Cayenne, Benz, Rolex watch, MacBook, and many more. The total giveaway is worth 200M KRW (180,000USD).

The contest is stirring much excitement in the coin trading community, especially on the winner of Porsche. The giveaway news led to a sharp increase in the actual trading volume the day before the starting date, confirming the immense interest among the users.   

A WAFL official said, “WAFL is a utility token that connects the blockchain with real-life asset businesses and is serving a crucial role in commercializing payment systems using virtual assets. The promotions we are conducting with Foblgate aim to heighten the token value by increasing the users’ awareness. We hope the users continue to show interest in WAFL’s roadmap.”

The recent Super Deal (A-IEO) promotion conducted by WAFL and Foblgate was marked by a record-breaking competition rate of 1,500-to-1 on buy orders. The same level of excitement is expected for the two-week trading contest, which will be conducted until Feb. 2. The details of the contest are available on the official Foblgate homepage.