I think in this way the contest would raise even more interest and it will be more spectacular.
No, it will become more boring and drawn out. Only 238 users voted in this contest, many of these users could not even fill in all the nominations and left them empty.
The second round will collect 2 times less votes, and maybe less. This competition has already been going on for more than a month and a half and has not yet been completed. And with the second round, how long do you plan to hold it? For 2-3 months?