So I fell for another tournament, TheExchangeIII, but this one has a significant difference. Now that I've passed the audition stage, no matter how many times I lose, I can continue my story while still receiving the benefits of friendly competition and judge feedback.
This means no more retcons or cancellations; nothing but seamless story and good times as we each pursue our own respective cannons. Cool, right? Of course, I'll do my best to win anyway.