Sorry there was a delay in replying back your message..
Actually if i am to organize a contest, i have 300steem as reward for 40-50 entries. The reward will be listed as follows:
1st position will take the biggest bit- 40steem
2nd position- 35steem, 3rd position-25steem,
4th position- 15steem,5th position-12steem,6th position- 10steem,7thposition- 9steem, 8th position- 8steem, 9th position -8steem, 10th position- 8steem.
Other 40 entries should take at least 1.500steem each. With this people will feel encourage and always wanting to write your contest because they believe they have nothing to lose after making an effort.
That's where crypto.hype got it wrong and i believe just few people will be expecting him to drop his contest.
Try this and sure it will work for you.
Thanks.