The Justin Sun Prize, a new decentralized academic bounty mechanism, has been established to reward breakthroughs in fundamental disciplines. It utilizes a zero-trust approach and a problem list for awarding prizes, with a focus on machine formal verification. The top prize is up to US$1 million for solving a single problem, aiming to redefine scientific rewards in the AI era and foster human-AI collaboration. The first winners were announced, recognizing solutions to 66 mathematical problems. OpenAI received the US$1 million prize for solving the Three-Dimensional Navier–Stokes Equations problem, with its proof verified by GPT-6 Astra. This problem, a Millennium Prize Problem since 2000, describes fluid motion and has been studied for two centuries. The Justin Sun Prize bypasses traditional nominations, rewarding the first to achieve a qualifying breakthrough with a machine-verifiable formalized proof. Its ambition is to be the "Nobel Prize of the AI Era," promoting decentralization and machine-driven research. The problem list, including conjectures like Riemann's Hypothesis, will be publicly maintained and expanded, with awarded funds being final. Winners receive a prize, certificate, and a medal inscribed with "Proved, then paid." The prize operates on principles of openness, public benefit, and open source, with all materials accessible via GitHub and transactions recorded on-chain. Justin Sun stated the prize represents a return of wealth to mathematics, his field of origin. Prizes can be paid in USDT on TRON or USDC on Ethereum.