Idea Generation: Luckydraw/Sweepstakes/Giveaway NFT

BlueSteelDigital

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Personally, I run sweepstakes on push ads.... So I saw this video on wizza where they are claiming to donate to charity and you can buy tickets to win a big prize like a car...

Wizza is kinda shady... I am more to like thinking out of the box and pivoting to NFT and to see if its possible to own like a value generation NFT in terms of giveaway/sweepstakes?

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Example:

Give For Good NFT Collection

18,888 pieces, 0.05 mint price

10 Random winner will get to win a 5 eth

Other prizes will be given out weekly! It can be physical item, or other NFT projects items too.

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Just wondering what's the economics behind those NFT that give away weekly prizes and all that? Is it just marketing hype? or is there a way to truly generate value?
 
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