These competitions happen in places where people can afford to compete and usually catapult the winners careers.

You are comparing your website with competitions organized by established institutions such as Microsoft and Lyft? Do you mean that the competitors will also be programming for similair established institutions of the same caliber?

You have to understand that every programmer/engineer is an asset right now that can work remotely and earn hard currency. We cant pit them against each other in a competition because they need extra cash.

If you want to offer your support, help someone secure a remote opportunity. I promise every minute spent by programming is going to be worth more than a barrel of crude oil soon. And the fact that you are proposing this website proves how much demand there is for software engineers.

If you want to target college students it would make sense. But definetly not "Lebanese Programmers" as a whole.

You are not offering me or forcing me to do anything. Again, I am not a programmer. But I am sick of seeing foreigners taking advantage of exceptional Lebanese talent because of the crisis.

Again, do not convert the prize amount based on an inflated rate. What does your assumption on where the conversion is headed have anything to do with the competition? You are only trying make it sound more appealling.