Hi Guys, We need your point of view regarding the prize for each competition. Would it be better if the prize is given to only one winner?
for instance, USD5000 (budget from brand) is given to one the best VideoMaker or USD3000 (budget from brand) is given to one the best photographer..

or

Would it be better if we divide the prize for 3 winners?
for instance,
If we have USD5000 budget for video contest.
USD3000 for 1st video maker
USD1500 for 2nd video maker
USD500 for 3rd video maker

If we have USD3000 budget for photo contest.
USD1500 for 1st photographer
USD 1000 for 2nd photographer
USD 500 for 3rd photographer

Which one do you prefer?

Please give comments... thank you..