Eyebeam has kicked off the first contagious media showdown to track the hottest meme online between May 19 and June 9. There is over $5000 up for grabs including $1000 based on traffic measurement from Alexa and Technorati, unique visitors measured by the media server, and the top content licensed under a Creative Commons Attribution-ShareAlike license.
It seems a bit odd to restrict the Creative Commons prize to a specific license instead of a level of openness or better. Overall a very cool idea!
Seems like a search engine optimization play taking advantage of the energy of the blogosphere to hype your ego. “Your entry can have its own domain name if it is mapped to the contagious server.” You now have a month to come up with ways to participate without contributing to the site’s search juice.