Coin competitions
An organization can give its competition an economic stake with three amounts, all optional, set at creation:
| Amount | Who pays | Who receives | When |
|---|---|---|---|
| Entry fee | Each participant | The organization (90%, 10% platform commission) | When confirming participation |
| Deposit | Each participant | Nobody: held in escrow | On confirmation, returned at the end |
| Reward | The organization | The winner | At closing |
The reward amount is debited from the organization's treasury the moment the competition is created, and held in escrow. It is refunded if the competition is deleted without a winner.
Nobody pays without agreeing to it
A team's coins only move on an action by the team:
- Registering yourself for a paid competition immediately debits the fee and the deposit (the price is shown before you confirm).
- Being added by the organizer debits nothing: it is an invitation. The team finds it on its Competitions page, with the cost broken down, and chooses Confirm and pay or Decline.
- The organizer cannot confirm a team's presence in its place while fees remain unpaid.
The invitations banner on the team's Competitions page: detailed cost and the "Confirm and pay" button.
The schedule waits until everyone has paid
On a paid competition, the draw is blocked as long as a registered participant has not paid their fees. The message lists the latecomers; the organizer can wait for their confirmation or remove them before generating the schedule. On the Participants page, the "Entry fees unpaid" mention flags who is blocking.
The deposit: returned, except on withdrawal
The deposit guarantees that teams see it through:
- When the competition closes, each participant gets their deposit back in full, the winner like everyone else.
- On unregistering (before the draw) or if the competition is deleted, it is also returned.
- On withdrawal, it is lost: it is paid to the organization as compensation.
A participant who unregisters before the draw gets back 100% of their entry fee (the organization and the platform each return their share). After the draw, unregistering is no longer possible.