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Prize Structure

Prize structure refers to how rewards are organized and distributed in a contest, competition, or game. It outlines the different levels or tiers of prizes, often varying based on performance or placement. For example, the top winner might receive a larger reward, while others receive smaller prizes or recognition. A good prize structure motivates participants, ensures fairness, and aligns incentives. It’s carefully designed to balance excitement, fairness, and budget, making the competition engaging and rewarding for a wide range of competitors.