Sure, I would like to apply if possible. Is this applicable to any specific membership levels? Also, is the payment being made for any specific amount of post per week or month? Cheers!

How many posts for how many days? Like asked above, is it per month or per week, and how many posts are needed? If resonable, I might be interested in the 0.05 btc slot, so consider this a might-be reservation. 

 If you fail 2 posts your disqualified.

That will kind of give you a window to kick everyone out.

This isn't exactly the conventional rule system of signature campaigns - for a good reason.
You're basically giving yourself the option to disqualify ANY participant that you like - you're
encouraging useless stoff in people's posts by not allowing one line posts ( that at least 50%
of the time you're posting is sufficient to get your point across ). But you'll probably alter
the rules when you realize nobody is signing up!

I can run this and/or escrow on your behalf if you wish. Check out the below thread of the EdenDice campaign which I held 2btc in escrow and ran for a month. I would suggest doing something similar to their campaign with a fixed amount of posts for a fixed price.

https://bt.irlbtc.com/view/735673.0

One thing I would like to see more of in signature campaigns is users being allowed to promote several sites - even if for reduced pay. I'm not sure there are many other campaigns that allow this at the moment however (I think Bitmixer does), but it would be nice to see.

it can be done like
10 = Sr. & Hero member
10 = Full member

with standard price of 0.1BTC and 0.05BTC, you can run a compaign for 1 month with your 1.5BTC budget