Noble goal, but I really don't understand what advantage you gain from selecting contributors with NFTs.
To be honest, I hope it fails. Developer communities are one of the very few places in crypto that aren't totally infested by Ponzi grifters and where you can find honest conversation, so I wasn't exactly thrilled when I saw this pop up. We don't need more wonky centrally-managed incentives. Incentives can be harmful. It most often reduces to a simple Ponzi.
I'm quite happy being a cynic in the field. Helps projects I work on stay measured. Not everyone in the web3/blockchain space is money oriented, some are interested in the technical stuff that's hard to find as easily in other fields.