There is currently a total of $100,000 in funding for the prize, so up to that much will be awarded, total. (There is obviously some possibility that it will receive further funding if many prizes are given out, and funders see it as valuable enough to fund further.)
There is currently a total of $100,000 in funding for the prize, so up to that much will be awarded, total. (There is obviously some possibility that it will receive further funding if many prizes are given out, and funders see it as valuable enough to fund further.)
Sure, but that’s not what it means to advertise a “$100,000 prize”
Agreed, this definitely should have been clearer.
I suggest “$100k prize pool”
Good suggestion! Updated the description.