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What's the difference betweeen "Prepaid" and "Guaranteed" contests?

All contests are prepaid, meaning you pay the prize money upfront along with a $39 USD listing fee, plus 10% of the prize money as a handling fee.

Guaranteed contests are the same, except you forfeit your right to a refund by guaranteeing you will award a winner—this is a popular option as it attracts more design entries, often from our top designers.

By paying up-front, you gain the trust of the designer community and do away with the hassles of having to manually organise international payment yourself.

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