Sure, any centralized group, ideally a non-profit could run it just as well, and do so without potential complications arising from computation limits. But the

Sure, any centralized group, ideally a non-profit could run it just as well, and do so without potential complications arising from computation limits. But they'd have to be entrusted with all the funds, and the financial side may be more difficult to implement. What could be a contract call would involve more real life logistics. Not to imply that the points or whatever would have to represent anything more than kudos/bragging rights. It would be interesting to see which problems have the most professional interest, say if every math PhD got 1 million points to commit.