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by jalpino 4902 days ago
Where do you get the $1k/month from?

Finalists are granted access to the API on Feb 11, 2013 and are required to submit their entries by March 1, 2013. Assuming that they also notify you as a finalist on Feb 11 and not before, that gives you 3 weeks to build and submit your prototype.

$25k / 3 weeks == $8,333.34 USD per week. That's a pretty good payout for anyone in my opinion.