16 players. Four Rounds. Increasing Challenge Amount. 1 winner
Single Elimination Knockout
The layers are paired randomly. Round 1 and 2 should are played for 1€. Then round 3 is played for 2€ and round 4 for 4€. Of course the prize pool will increase with more participants. If there are 32 participants the final round should be played for 7€. Besides, the winner gets 25€ on top.
The first 32 participants who have filled out the registration form will take part.