PvP Event!!!!

I have suggestion,cause everything in the game is easy to level ,why don't we make a dual day.It would go like this:
1.Admins register people from number 1 to x
2.The the other to admins or four doesn't matter choose a number.
3. The chosen player fight each other for 1 round the winner goes to the next round.
4.The the lost player falls out and the winner goes to the next round.

And the for the prizes the
1st place gets some rare item or items and one 99 stat
2nd place gets a one 99 stat and an item
3rd place gets an item and a surprise gift

The other players for participating will get a mystery gift (I dunno what I will be be,cause I am too lazy to think)

P.S rate this idea from 1 to 10

nice idea