Sunday, December 6, 2009

"MIT wins $40,000 prize in nationwide balloon-hunt contest"

A team from the Massachusetts Institute of Technology won $40,000 in a high-tech scavenger hunt on Saturday by discovering the location of 10 red weather balloons.


This contest was designed to test the way social networking and lesser-known Web-based techniques can help accomplish a large-scale, time-critical task.


"We're giving $2,000 per balloon to the first person to send us the correct coordinates, but that's not all -- we're also giving $1,000 to the person who invited them. Then we're giving $500 whoever invited the inviter, and $250 to whoever invited them, and so on..." it said.