Consensus is rendered on a weighted point system, where the total number of points a project receives is determined by each juror’s ranking (1 to 5) where a top ranking of #1 = 5 points, #2 = 4 points, etc.
So, for example, if a project receives 3 judge rankings as #1 (15 points), 4 rankings as #2 (16 points), and 5 rankings as #3 (15 points), its total points would be 46 points. If this point total puts it within the top three ranked projects, it would be deemed a contest winner.
The judges who ranked the contest winners would be eligible for a portion of the winning projects’ total SAFE allocations. A winning project’s SAFE assignment is allocated to the winning ranking judges in proportion to their ranking. The proportion of the total SAFE assignment allocated between the #1, #2, and #3 categories will, along with other terms, vary from contest to contest as defined in each contest’s SAFE agreement. Contest participants can contact info@47Pitches.com for information about SAFE assignments and other terms.