8. Prize Structure

Definition of Prize Pool. The “Prize Pool” equals total eligible entry fees collected for the Competition week minus Management & Admin fees.

Allocation. For positions 1–5, each prize is the lesser of the stated cap or the stated percentage of the Prize Pool.

PositionPrize
1st PlaceMax USD 4,000 or 30% of the Prize Pool
2nd PlaceMax USD 3,000 or 25% of the Prize Pool
3rd PlaceMax USD 2,000 or 20% of the Prize Pool
4th PlaceMax USD 1,500 or 15% of the Prize Pool
5th PlaceMax USD 1,000 or 10% of the Prize Pool

Additional Rewards.

  • 6th–10th Place: USD 200 each (funded from the remaining Prize Pool).
  • 11th onwards: USD 100 each (until the remaining Prize Pool is exhausted).

Fees & Deductions.

  • Management & Admin fees are deducted before prize allocations.
  • All other provisions in Section 6 (currency, taxes, verification, and tie-break rules) apply.

Note (example). If the remaining Prize Pool after fees is USD 10,000:

  • 1st Place receives min(USD 4,000, 30% × 10,000 = USD 3,000) = USD 3,000; proceed similarly for other places.