# March Madness Giveaway NFT Utility **UPDATED**

By [Varras](https://paragraph.com/@varras) · 2022-04-12

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I’ve been giving a lot of thought on how to reward my most loyal collectors and still give everyone a chance to receive a 1 of 1 NFT for FREE! So I wanted to write this update to the first [March Madness Giveaway blog post](https://mirror.xyz/varras.eth/jI2Lr7DONyndJaUNSL7LD1QqrJzBkxkygL0vcvJNlfM).

The update is very simple; for each Giveaway NFT you own, you will get one entry into the drawing for a chance to receive my next 1 of 1 NFT for free.

Example:
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You own 3 Giveaway NFTs, that will give you 3 chances to win the next 1 of 1 NFT I mint for free. So if there are 10 total entries to the drawing and you have 3 of those, that will give you a 30% chance of winning the 1 of 1 NFT.

In the last giveaway there were 18 valid addresses and I know that many of them had multiple Giveaway NFTs in them. So I think you can safely say there were at least 36 entries in the last giveaway. If you owned 3 of those entries that would give you an 8.3% chance of winning the 1 of 1 NFT.

The giveaway process will work the same as last time. I have posted the TL;DR below and you can click the link above to view the blog post with more information.

TL;DR
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1.  Mint a 1 of 1 NFT
    
2.  Twitter post for the chance to get a 1 of 1 NFT; comment your Tezos address that holds one of my NFT Giveaways
    
3.  Select address at random to receive the 1 of 1 NFT
    
4.  Address owner sends one of the giveaway NFTs to varrasburn.tez where the NFT will be BURNED FOREVER
    
5.  I will then send you the 1 of 1 NFT
    
6.  Profit
    

Follow my twitter account [@varrasNFT](https://twitter.com/VarrasNFT) for a chance to collect one of the free 1 of 1’s I’m giving away. Remember, the only way to get a chance to collect one is to own one of my free Giveaway NFTs. You can find them on my [objkt profile here](https://objkt.com/profile/varras/created).

Thanks for taking the time to read and good luck!

\-Varras

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*Originally published on [Varras](https://paragraph.com/@varras/march-madness-giveaway-nft-utility-updated)*