If your goal was to prove that SHA1 collisions are unimportant, far too hard for
any group to exploit within the next X years of processing improvements...
That means
math.
In contrast, this "challenge" stuff is just chasing outage endorphins and internet points.
Think it through, and it's pointless. Any refusal or negative result is utterly compromised and confounded by things like: How trustworthy you appear; whether the amount is reasonable; whether the random commenter has the skillset, free time, and financial assets to try; whether they're part of a larger group they can recruit; etc.