hey @Trunks Maybe it would help if you would clarify this a bit. What do you mean by this? You are asking about giveaways in general as a tool for promotion, or something else?
I’d stay away from them as you won’t get many quality followers that engage with your content. They’re following you for the giveaway, not what you post. Lots will unfollow after the giveaway is over too.
Giveaways are useless like it is total waste of money,instead I would spend the same amount in ads/MS/Mass Dm’s reaching my desired auidence seeking quality traffic even if it would be less compared to the giveaway.