IDK, but whenever I see these sites claiming prizes something as big 500K or even 100K then it straight away goes into the list of "investments are subject to market risk" 
I mean launching any project with such high prizes means to me two things:
1. Either the owner is very very very very rich.
2. Its simply deception for attracting newbies on the site.
Just think about it for a moment and then tell me you don't get such thoughts unless you are a quick believer of such projects.
I have been reading few posts through the thread, people are like very positive about such projects, may be they think if they are giving away so much money then they must be real. But to prove to be real they should start with small campaigns first, let there be awareness and then followed by such huge prize contests.
I mean launching any project with such high prizes means to me two things:
1. Either the owner is very very very very rich.
2. Its simply deception for attracting newbies on the site.
Just think about it for a moment and then tell me you don't get such thoughts unless you are a quick believer of such projects.
I have been reading few posts through the thread, people are like very positive about such projects, may be they think if they are giving away so much money then they must be real. But to prove to be real they should start with small campaigns first, let there be awareness and then followed by such huge prize contests.
Nice observation man, I have the same feeling when I see so high prizes, big promises... And usually it's option 2, deception, luring people with high rewards. You are right about everything you said, the most important part is them proving they are real, to do that they should start with small campaigns for limited number of people who can try them and give honest reviews.
To me it's funny how they talk about huge prizes for opening, but they are not open. I don't like that approach, to talk about prizes and they don't have the product yet. If they wanted to make some marketing before opening they should point out something else, not huge prizes, like this it's look fishy.
