First of all, I am really feeling happy that GMATBusters Quiz is talk of the day and is not an invisible thread anymore
I realized the importance of the Quiz. It is not an invisible event.
Thanks for the feedback, it makes us improve, as does appreciation.
However many a time, even the winner didn't make a post to acknowledge the efforts. Framing/finding quality problems, posting in the morning, evaluating the responses is quite a task, but never mind. It was my decision to start this quiz event and will continue to host the same.
Yes, GMATclub has participants around the globe and I agree that the quiz cannot cater to every time zone. In order to make it cater to max people, I have changed the quiz timings to 7:30 AM morning IST. (Sunday early morning?

Am I crazy? Yes I have to wake up early to post the questions as there is no way to schedule the post.)
The time essence has already been associated with GMATBusters Quiz. Yes for the verbal quiz, time essence has been removed as per the recommendation of empower and we had to resort to the random draw as many people got the same points. But the random draw is what I don't like. So Time essence is here to stay.
The earlier response always gets more score and will continue to get more score. Yes, the score will be calculated only for the participants who get max number of question right

( I can not put the condition of all right answers, because many times, No one gets all right, but it is ok, it is quite a tough quiz.)
I would request all the aspirants to treat this quiz as a mock and not participate only for the prizes.
Anyone who gets 7-8 questions right in the first go (no revision in the solution) will definitely get Q49+. I am saying this as per the experience of many of my students.
Be cheerful and Learn with Fun
Happy Learning.