Raffle NFT — The Utility NFT That Powers 50/50 Raffles on Base Network
The NFT5050 Raffle NFT is not just a digital collectible — it is a functional key to an entire raffle economy built on Base Network. Mint one for 0.02 ETH and unlock the ability to create unlimited 50/50 raffles, earn 50% of every prize pool, and participate in the first NFT-powered raffle platform on Coinbase's Ethereum L2.
NFT5050 Raffle NFT Specifications
Token Standard
ERC-721
Network
Base (Ethereum L2)
Mint Price
0.02 ETH
Total Supply
5,050
Mints Per Wallet
Unlimited
Marketplace
OpenSea + Base markets
Each NFT5050 Raffle NFT is an ERC-721 token deployed on Base Network. It follows the same token standard used by major NFT collections, ensuring compatibility with all EVM wallets and marketplaces. The contract is verified and publicly readable on BaseScan.
The total supply is permanently capped at 5,050. This fixed supply creates scarcity — as more creators discover the platform and demand for raffle creation grows, the finite number of membership NFTs becomes increasingly valuable. There are no plans to increase the supply.
Real Utility: What Your Raffle NFT Unlocks
The NFT5050 Raffle NFT is a utility NFT with tangible, ongoing value. Unlike speculative art NFTs that rely on floor price movements, the Raffle NFT provides direct functional benefits:
Unlimited Raffle Creation
Create as many 50/50 raffles as you want over your lifetime. One NFT allows one active raffle at a time.
50% Creator Revenue
Earn 50% of every prize pool from raffles you create. The more tickets sold, the more ETH you earn.
No Recurring Fees
One-time mint cost of 0.02 ETH. No monthly subscriptions, no per-raffle fees, no hidden charges.
Fully Tradeable
List on OpenSea or any Base Network marketplace. Transfer ownership anytime — the raffle capability follows the NFT.
Scale with Multiple NFTs
Own 5 NFTs, run 5 concurrent raffles. Own 10, run 10. Scale your raffle business to match your audience.
On-Chain Provenance
Full ownership history tracked on Base Network. Verify authenticity and ownership instantly via BaseScan.
Raffle NFT Lifecycle
Understanding the lifecycle of your Raffle NFT helps you maximize its value:
- Mint — Purchase your NFT5050 membership for 0.02 ETH on Base Network. The NFT arrives in your wallet within seconds.
- Create Raffle — Use your NFT to launch a 50/50 raffle. The NFT is temporarily locked in the smart contract during the raffle.
- Raffle Active — Tickets sell, the prize pool grows, and your NFT remains locked. You earn 50% of the pool when the raffle completes.
- Raffle Completes — Winner is selected, payouts are distributed automatically. Your NFT is unlocked and returned to your wallet.
- Repeat or Trade — Create another raffle immediately, or list the NFT on OpenSea if you want to sell it.
Revenue Potential for Raffle NFT Holders
The earning potential of your Raffle NFT depends on how many tickets your raffles sell. Here are realistic scenarios:
| Tickets Sold | Total Pool | Creator Earns (50%) | Winner Earns (50%) |
|---|---|---|---|
| 100 | 0.25 ETH | 0.125 ETH | 0.125 ETH |
| 500 | 1.25 ETH | 0.625 ETH | 0.625 ETH |
| 1,000 | 2.5 ETH | 1.25 ETH | 1.25 ETH |
| 5,000 | 12.5 ETH | 6.25 ETH | 6.25 ETH |
With the one-time mint cost of 0.02 ETH, even a single raffle with 100 tickets (0.125 ETH creator earnings) generates over 6x return on your initial investment. Run multiple raffles per month with a dedicated audience and the Raffle NFT becomes a significant revenue-generating asset.
How to Mint Your Raffle NFT
Minting is simple and takes under a minute. Connect your Web3 wallet to NFT5050.com/mint, ensure you have at least 0.02 ETH on Base Network, and click Mint. Your NFT will appear in your wallet immediately. For a detailed guide, visit our Mint NFT on Base Network page.
Frequently Asked Questions
Mint Your Raffle NFT
Join 5,050 creators powering the first NFT raffle economy on Base Network. Mint for 0.02 ETH — lifetime access, no recurring fees.
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