• Why would running a challenge be beneficial?
  • What is the ideal duration for a challenge?
  • What is the typical prize amount offered?
  • What is the average number of submissions received?
  • What financial considerations should be taken into account when planning a challenge?
  • How much time should be allocated for the planning and execution of a challenge?
  • What are common pitfalls that may lead to the failure of a challenge?
These are just a few of the inquiries we receive on a daily basis. In this guide, we have addressed some of the most commonly asked questions based on our extensive experience managing over 600 challenges in nearly two decades.