What's the point of creating a giveaway? Does that gives me P's?

It's doesn't give you (P)oints. It's to make someone happy and get CV.
FAQ

It's giving back for the most part. You don't have to do it

Your Contributor Value is now - $9.99 and you can take a part in giveaways that are for contributors.

and for some randomness..

-keys gone-

My primary motivation is to unload unwanted games. My secondary motivation is to bring little bits of joy to whatever groups I'm participating in. Third, I wanna win games I probably would never buy or only willing to pay very little for. SG.com is a good place to do all this.

Once you break the $30 CV barrier you are crowned "Champion of SG"

To rid of bundled games you own already

What's the point of Christmas?

It's better than OKCupid

<Lame joke warning -- and a lie>

If a female contender wins your giveaways, that gives you her P´s.

</Lame joke and lie>

(I am soooooooo sorry... "His P´s" just wouldn´t work! Sorry, sorry, so sorry...) :)

When you die, whether you get into Heaven or not is decided entirely by the number of giveaways you created on Steamgifts.

It turns out that a lot of the Bible was mistranslated.

Sooo much P.

"P"s, really? It obviously means points, just saying :p

"What's the point of creating a giveaway?"

I do it because sometimes the receiver is so pleased that they send pizza and hookers to my place as a thankyou. It's not expected, but it's nice when it happens.

CV doesnt help in public giveaways at all, there still are always like 500+ entries on 200$ cv

No it gives you swag

What next, the meaning of life?

Not only should you get P's, you might get some Q's too.

And don't forget to mind them. ;)