Slog Tipper Kristi notifies us about this "Experimental Contest" (Kristi calls it a "scam") on Tao Lin's blog:

the email address that paypals...the largest amount* of money by wednesday at 11 pm wins this 'experimental contest' (no amounts will be revealed until the end, and then only by email to those who 'participated,' and no amounts will be returned, as this isn't an 'auction,' but a kind of 'gamble'), gaining for themselves, their friends, and their family the items in the video below**

Here is the video with the prizes:

You can read the whole blog post (and get the e-mail address to enter the "contest") at Tao Lin's blog.