PROMYS by Ciro Santilli 34 Updated +Created
The good:
The bad: everything else. Closed source learning materials + a university-like selection program. Such a waste of efforts that could benefit way more people with more open resources.
meta.mathoverflow.net/questions/4889/request-to-keep-an-eye-out-for-promys-admissions-problems asking to remove PROMYS problems from MathOverflow. And it seems to have been mostly accepted. Newbs. Any maths problem should be allowed to be askeable online. There are no fundamentally new problems, copyright takedown is just silly.