Super Happy Dev House have had a rather cunning idea – hold a contest to find the best web money making machine – and keep most of the money it makes.

The idea is, I guess, that people will come up with ideas like the Million Dollar Homepage

But fortunately for the organisers:

Judging will be via PayPal; all transactions to be judged must go through the official PayPal IPN that we will be providing. This enables us to have a realtime scoreboard showing which team is ahead.

At the end of the competition, the first place team will get to keep all but 10% of their earnings, the second place team will get to keep all but 30% of their earnings, and the third place team will get to keep 50% of their earnings. All other earnings will be credited to DHX. After the competition, you are free to retain 100% of ongoing earnings from your project.

So if it’s a fairly close competition, the organisers will make one lot of money. I’d imagine that, by the time the month is up and people are making their own money, the hype will have died down and anyone not in the first few positions will receive very few hits.

[Via Waxy]

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