I know we have some ungodly talented artists on here, so I figured I'd post a copy of an E-Mail I got from DeviantArt (even though 90% of you are probably already on it and already got the E-Mail >_>)
http://mailer.deviantart.com/hostedemail/email.htm?h=5ae5a59ccfd7bb26334aa4812620d0fc&CID=4196949084&ch=B8AA882C4CBF4B27D45577DAE0ABEE48
Spoilered in case the link doesn't work:
Basic premise behind it seems simple enough - Design an awesome boss mob and win a bundle of goodies (including cash prizes of ~$1,500 USD)