I don't know when the next ed will be released, but when it is I'm gonna launch the first few cash competitions. There will be several prizes offered, and it won't be based on who is the best player or anything.
The Obsidian Sword
This is the first epic quest in the game. You have to complete the other game quests to find enough clues as to it's whereabouts, and then you have to... find it. It's worth it as (with the proper balancing) it should be quite a powerful and unique weapon. Because of it's rarity the first three people to find it will win a cash prize.
Probably something along the lines of:
1st: $20
2nd: $10
3rd: $5
Caverns of Kendra
This is a multiplayer cooperative dungeon. I'm not sure how rewards will work for this, but I'm thinking time of completion and amount on team could affect things. Being a team dungeon it would be hard to give everyone on the team a reward, unless it was in the form of an in-game object maybe.
These are just thoughts; if you have any ideas for competitions we could hold please let me know and I'll see about it
Obviously I need to get the money together and need to implement some way of testing who has or hasn't done a certain thing, and these things need to be tested first to make sure they're not too easy / too short / too hard.