As a result of selling in-game skins, the prize pool of Valorant Champions 2023 increased by $20 million, setting a new record for this discipline
By selling special in-game skins created in honor of the tournament, Riot Games increased the prize pool of the VALORANT Champions 2023 tournament by $20 million.
The funds collected will be evenly distributed among the participating teams. The studio developer will divide this amount among all the participants. However, only half of the total revenue from sales will be allocated to the teams.
In the current year of 2023, $4 million more was raised than in the previous year. In 2021, the amount distributed among the teams was only $7.5 million.
The VALORANT Champions 2023 competition will take place from August 6th to August 26th in Los Angeles, USA. Teams will compete for a prize pool of $2.25 million. The winner of the tournament will receive the grand prize of $1 million.