GoPro has announced a new rewards program that will help make its adventurous users earn some extra cash for their sometimes daring and incredible videos.

Previously this summer, the company introduced a licensing platform where users could submit videos in hopes that they will be used in its ads or via its television channel. Now, the company is rolling out a year-round program called GoPro Awards for which it will hand out $5 million annually, with new winners chosen each day.

As part of the program, users can submit photos, unedited, original clips and full videos that are edited and have music and effects to the company. If selected a winner, the user will receive awards and promotions that include $500 for photos, $1,000 for raw clips and $5,000 for video edits.

These videos can be just about anything you can think of, whether it's catching a seriously huge wave while surfing, cooking your favorite dish or an adorable moment with a pet. It also doesn't matter if you are a newbie or a professional filmmaker.

Those interested can go to the GoPro Awards website to see the various clip challenges, such as "Best Trick Shot" or "Science Experiments," which are based on categories like music, adventure, sports, animals, family and travel, along with the date that submission closes. Users can submit as many photos, clips and videos as they wish.

However, it's important to keep in mind that GoPro will then have the right to use your clip in any way, shape or form, meaning it can distribute it to anyone or anywhere it pleases, modify it as it wishes and broadcast it where it likes. So, if you think you captured the best trick ever attempted in a particular sport, you might want to really think about how much the video is worth to you.

Nonetheless, these filmmakers will still have some rights over their content and can receive additional compensation if the video is used on "ad-supported channels."

The GoPro Awards site also shares some creative tips so you can start creating your best work yet.

Via: The Verge

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