Complex sentence: The Memrise Prize challenges people to create the most powerful method for memorizing new information, with a prize of $10,000 and a co-authorship in a feature article to be shared with the scientific and business community.
Split into simpler sentences: The Memrise Prize challenges people to create the most powerful method for memorizing new information. The award is a prize of $10,000 and a feature in an article shared and co-authored with the scientific and business community.