It's just to get some ideas and activity into the forum. It also shows what is possible with Lisk and what is on the users minds. The prizes aren't big, because we have no access to the funds right now. There will be much bigger competitions in the future.

Yeah, I didn't mean it as a knock on the contest... any idea contest could potentially have problems like I mentioned. Guess I meant it just as a warning that it may not work out so great for anyone to post their 'once in a lifetime' idea, as someone else could just say it was their idea too. They'd be better off waiting for a later contest, or just make the thing themselves outside of any contest.
As just a general way to get folks talking about ideas, it's fine though.