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Elite: Dangerous offers cash prizes in the race to 'Elite'

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Why launch a space MMO when you can launch a space MMO and a giant competition for cash money? That's exactly what Elite: Dangerous is up to just a day after its formal launch. Frontier is offering several huge cash prizes for players who reach the "Elite" rank in various gameplay categories.
Entrants must start from a fresh save on the release version of Elite: Dangerous, starting with the Sidewinder and 1,000 CR, and use 'Open Play' multiplayer mode only. They can use the slight advantage of the Eagle starship offered as part of Elite: Dangerous' Mercenary Edition, but otherwise it should be a level playing field. If in Frontier's sole opinion, there has been any cheating, then an entry may be disallowed. This is a skill-based competition with the following prizes for the first person to reach:
1. Elite in combat - £1,000 or $1,500 or €1,200*
2. Elite in exploration - £1,000 or $1,500 or €1,200*
3. Elite in trading - £1,000 or $1,500 or €1,200*
4. Elite in all three - £10,000 or $15,000 or €12,000*
(* currency as applicable)
Participants must clear their saves, start their journey post-release, and play entirely in open play mode. Anyone out there going for it?

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