Rounds

[gautamrege]

This is the competition rounds - the way you make MONEY!

• Each round starts from the 1st 00:00 of the month till last 3 days of the month.
• The last 3 days of the month will be for consolidation and re-conciling Code Curiosity and completing the scoring.
• Results are declared at the month end before the next round starts. i.e. before the 1st 00:00
• Current participation status is carried forward for next round: i.e. if you are participating and you don't do change it in the last 3 days of the month, you will be automatically assumed to be participating in the next round.
  [use case] If there are less than 150 points and your current participation status is "on", then you will not be participating in next round unless you top-up your wallet. Basically, we shall not charge a credit-card directly.
• Prize money is kept in your wallet on the system.
• You can choose to take money out of your wallet into your bank account - (Technical details will be handled out when the time arises)

Prize money distribution.

** To be thought out properly -- views and opinions desperately wanted **

Idea 1:

Initially our judges will be pro-bono. At this time, 95% of the bounty will be distributed to the top 10% of the contributors. For example, if we have 500 subscribers, we have a bounty of $5000

Till the first 500 paid subscribers:

• 50% of the bounty will be distributed among the top 10 contributors.
• 25% of the top contributors (apart from the top 10) will get get 45% of the bounty, evenly distributed between them.

Idea 2: (thanks @spidergears and @deXterbed )

We have divisions among the people who join. We score them on their "existing github profile" and assign them in a division. We try and reward about 70% of the subscribers, so that they are encouraged.