you have still 2 days, 23 hours to go in open phase and 2 days in top 5. You can extend after that if it is really needed
I have won some contests where winner was selected about 10 hours before contests was started. and I even won one where i was only designer :) So Just wait and see what you will receive. I am sure everything goes ok and you get plenty of entries. :) And if at the end you really think you want to extend then you can do it :)
Here are some hints for getting the most out of your contest as it progresses:
~~ Rank designs daily -- this will encourage participation.
~~ Rank a variety of designs to get a variety of entries.
~~ Ranking gets your contest noticed! Unless your contest is Private, 1st place entries are posted to the portfolio page:
https://logotournament.com/portfolio~~ Leave private feedback by clicking on a design. Feedback will be made public upon contest completion
~~ The more feedback you provide, the better results you will see.
~~ Designers are not offended by "Not Interested".
~~ Over-use of "Not Interested" discourages participation.
~~ Designers earn points for designs ranked 1st - 10th. We like to earn points.
~~ After your contest closes it will enter Judging phase. You can re-rank designs in Judging.
~~ While in Judging, the designer ranked in first place can submit revisions
Get answers to your questions here:
https://logotournament.com/forum/contest_holder_discussionbest of luck with your contest :)