The contest was held from 2003 to 2005. Two commercial games (Inhabitants and Maqiupai) have been released as a result of the first annual Dream On Contest, as the main prize for each year's contest was a publishing contract through The GOAT Store.
Due to popular demand, the second annual Dream On contest included a minigame category. The original plan was that the winners of the minigame category had the option of being included in the GOAT Games compilation, however that compilation was since placed on indefinite hold.
The third contest was cancelled. One of the entries, Dynamite Dreams, was expanded to a full commercial game known as Alice Dreams Tournament.