YoYo Games announces unique web 2.0 game design competition where the winner will walk away with $1,000. In the spirit of Web 2.0, the competition will be judged first and foremost by the YoYo Games community, although the final decision will lie with the staff at YoYo Games and the creator of Game Maker Professor Mark Overmars. First prize in the competition will go to the developer who displays the most creativity, ingenuity and skill in their entry. Second place will take home $500, and third place a still respectable $250.

The theme for this competition is “Winter.” The contest will close at midnight on the 23rd of December, 2007. Visit the site to learn more.