Cost of GrabCAD challenge
The challenges page refers to the cost of a challenge being between 4000 and 10000USD, but the prizes for the challenges are nowhere near this. How so? Typo?
We are working hard to raise the prises for the challenges. We want the price to be aligned with GrabCAD fee. We usually take from 30-50% from the fee and in order to raise the prices we raised our fees as well.
We actually do a lot of work to make the challenge successful and our costs are following:
* find the challenges (we still do a lot of calls and e-mails to find challenge partners).
* write challenge copy together with a partner
* respond day-to-day questions and comments
* help partner to choose the winner
* maintain the platform of GrabCAD.com
* take the risk if customer is not happy with the results (we always pay the winners even if partner does not pay us)
* we always but our own prize out as well
* take care of the payment for all winners