It's a pity that this died so quickly. It's still a great idea. I think it didn't work out as planned because:
1) too many regulations/restrictions/options/levels/blah. This is not meant to be your annual tax return, it's supposed to be FUN!
2) not enough incentive to participate. While charity is really a very good motivation, there also has to be a personal incentive to invest personal time. Why do corporations donate, for example? a) because they can write it off (monetary effect), and b) because it ups their public image (monetary effect). There is no c).
Alex, if you still want to make this happen, then you should handle these two points rigorously.
- Make it simple: No investments allowed besides domain cost.
- Make it forseeable: Deadline is March 1, no matter when you entered the contest.
- Make it attractive: The one who sells it for most gets 50% of all sales, the rest goes to charity.
That's all. I'll join in on THAT.