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Not sure how much of an issue this would be but if you register then you have to hand over your ideas and IP over to the company or organisation behind it all. So if you were able to devise something that could be worth millions you would only expect to get few thousand dollars. The company or organisation would get the millions for your research.
On the other hand how of your submission could be used even it is not the primary finding and you don't get the prize.
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