Hey Ben!
Welcome to the community 
While something like this could be setup using the V3 contracts, I think it’d be a much better idea to wait until the hyperstructure is up and running (see here for more info on what we’re building: The PoolTogether Prize Savings Hyperstructure)
At that point, you could deploy a $VERSE pool in a completely permission-less manner, and have prizes setup to your liking. Usually prize pools work through some form of yield though - pretty much anything ERC-4626 compatible. Does $VERSE have something like that? Or are you envisioning it as a reward token for a prize pool comprised of another token?