Loop Giveaway

Has anyone ever participated in a loop giveaway before? We are looking to gain more followers and are interested in being a part of a loop giveaway with 5 or 6 other shops that have instagram accounts with at least 200 followers. We would not be willing to host it since we've never done one and aren't really even sure how to go about it. Anyone else interested???
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Re: Loop Giveaway

I am interested in this but I have no idea how they work. I am fairly new to Instagram and just heard about loop giveaways today. Sadly I don't have anywhere near 200 folowers. :(
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Re: Loop Giveaway

I have an item itching to giveaway - a ready to ship 12x12 4 inch deep shadow box (high value item). I have friends who do the loop giveaways, but they're all currently involved in one. I have *almost* 200 followers...
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