NFT Raffle — Create & Join 50/50 Raffles on Base Network

An NFT raffle combines the excitement of a traditional raffle draw with the transparency and security of blockchain technology. Instead of paper tickets and a physical drawing, participants purchase digital tickets using ETH cryptocurrency, and a smart contract automatically selects the winner using cryptographic randomness that cannot be predicted or manipulated.

NFT5050 takes the concept further by introducing the 50/50 model. In every NFT raffle on the platform, exactly 50% of the total prize pool is awarded to the randomly selected winner, while the remaining 50% goes to the raffle creator. This creates a powerful incentive for creators — influencers, brands, communities, and individuals — to promote their raffles and grow the prize pool, because they earn directly from every ticket sold.

On NFT5050, raffle creation is gated by NFT ownership. To launch a raffle, you must hold at least one NFT5050 membership NFT (minted for 0.02 ETH on Base Network). This membership grants lifetime access to unlimited raffle creation — no monthly fees, no per-raffle charges, no hidden costs. Anyone with a Web3 wallet can purchase tickets and participate.

Base Network is Ethereum Layer 2 built by Coinbase, offering the security of Ethereum with dramatically lower transaction costs. For NFT raffles, this means every ticket purchase, every winner selection, and every payout costs under $0.01 in gas fees — compared to $5–$50+ on Ethereum mainnet.

Base provides direct access to Coinbase's ecosystem of over 110 million verified users, making it the ideal network for reaching crypto-native audiences. Transactions confirm in seconds, and all data is secured by Ethereum's validator network. NFT5050 chose Base because it delivers the best combination of security, speed, and affordability for a raffle platform.

The 50/50 raffle is one of the most popular fundraising and entertainment formats in the world. At sporting events, charity galas, and community gatherings, 50/50 drawings generate millions in revenue annually. NFT5050 brings this proven model to Web3 with full decentralization and blockchain transparency.

Here's the math: if 100 people each buy one ticket at 0.0025 ETH, the total prize pool is 0.25 ETH. The smart contract automatically sends 0.125 ETH (50%) to the randomly selected winner and 0.125 ETH (50%) to the raffle creator. Scale that to 1,000 tickets and the pool reaches 2.5 ETH — with 1.25 ETH going to the winner and 1.25 ETH to the creator. The more you promote, the more everyone earns.

Unlike traditional raffles that rely on trust, NFT5050's smart contract enforces the 50/50 split automatically. There is no way for the creator or the platform to take a larger share. The code is deployed on Base Network and verifiable on BaseScan.

Every NFT raffle on NFT5050 uses provably fair on-chain randomness. The smart contract combines multiple entropy sources including Ethereum's randomness beacon (block.prevrandao), future block hashes, timestamps, and raffle-specific data to generate a random seed that is impossible to predict before the raffle ends.

This means no human can manipulate the outcome — not the creator, not the platform, not even the smart contract deployer. The winner is selected mathematically and the calculation can be independently verified by anyone using publicly available blockchain data on BaseScan.

Learn more about our randomness model on the Provably Fair page.