An FTF item is a prize that is for the person who is the First To Find (FTF). This prize could be anything from money to gift certificates to Canadian Tire money to gift cards. These prizes could be anywhere in value from a simple $5 to an extravagant $50. These FTFs are hidden around the site of the cache, and are kind of like a mini-cache. They are not posted as actual caches, though.