The Twilio Studio Contest is an online competition where participants can create innovative applications using Twilio's visual builder, with the goal of showcasing their creativity and practical application. The contest runs from March 2nd to March 30th, 2018, and winners will receive a $500 Amazon gift card and free tickets to the SIGNAL conference. Participants are encouraged to share their projects on social media using the hashtag #mytwiliostudioflow, and can find more information about the contest rules and guidelines on Twilio's website. To get started with Twilio Studio, users can access the platform for free, with a range of video tutorials, interactive games, and pre-configured templates available to help them build their applications.