It is quite a sum of money and do not think that the competition is that stiff either if you take a look at the last years finalists and specially the winner in the music app category.
The winner was Geometric Music that looks really cool but it is not useful or very innovative.
Think that Phonopaper came in fourth that for me is much more interesting!
(Okay it is true that I am a big fanboy of Mr Nightradio and everything he does!)
There is also three other categories that may be of interest...
Here is the basic information:
After four succesful competitions, this year we celebrate the 5th AppArtAward-anniversary this year. The ZKM | Center for Art and Media Karlsruhe, Cyberforum e.V. and their partners are again looking for the best artworks in app format. The AppArtAward honors apps that represent advanced artistic applications. Besides artistic aspects the creative integration as well as the use of options offered by new technologies is important.
Period of submission: 09.03 – 10.05.2015.
We wish you best success in the competition!