Monthly Events Suggestions

I believe a great thing for this server to do (to maybe attract new members or keep existing ones) would be to do monthly events. These monthly events could really be anything (PVP tourney at the new warp, build contest, etc) and the prize should be an exclusive item only attainable from these contests that change each month (a diamond enchanted with sharpness, a stick enchanted with a stupid amount of knockback, things like these). These could be great community bonding events and it would be cool to see these special items float around the server.