With these DGB prices that 250.000 dgb is around 100 usd, thats pretty generous of you Jumbley!
DigiByte Group is not just me and any community member can be part of it and contribute although only a few of us have up to now. The prize amount was contributed and set quite a while ago when DGB was being traded for much less than it is now but we are all very happy that it has reached a much more desirable prize for this community to have a chance of winning and of course it's completely up to them but we hope they would hold it and that one day it will grow to be really substantial.
Hopefully, someday soon, the prizes will be worth a lot more than $100. I believe that someday people will be writing news stories about the challenge contests the same way they write stories about that pizza purchased for 10,000 BTC in 2010. People will be saying things like: "at the current exchange rate here in 2020, the early DGB challenge contests were giving away millions of dollars a month." Maybe someday soon ....
On a more practical note: the DigiByte Group prides ourselves on being transparent ... if anyone has questions about contributions or how we use them ... please always feel free to ask. For the most part, we will always answer the questions (to the best of our ability). Some contributors ask us to not mention them by name.
Just for everyone's information ... Jumbley and I came up with the challenge contest idea a few months back. 24hralttrade also made significant contributions and support for the contests. At the time, Jumbley, 24hralttrade, and I committed to 6 months of prizes at 250,000 DGB. We have already funded 250,000 DGB prizes at least through March of 2016.
I suppose that as we move closer to March 2016, when the existing funding runs out, we will reassess the prize amount depending on current exchange prices and available contributions.
As Jumbley mentioned above, please remember that anyone can contribute to the projects and contests with the DGB Group. You do not have to contribute to participate in them. Any contribution of any amount is helpful, and we appreciate all the community support.