RIOT GAMES KOREA DETAILS VALORANT ESPORTS TEAM SUPPORT PROGRAM

Riot Games Korea has revealed plans for its Valorant esports team support program. 

To help establish a strong Valorant esports ecosystem in South Korea, Riot will be providing funding to eight teams that make it through an extensive screening process. 

Each team will be eligible for up to three payments of up to ₩50M KRW (roughly $45K USD) during the 2021 season, assuming they meet the following minimum requirements:

1. Advance to the Challengers Finals at least once per stage.
2. Establishment and operation of a camp environment (establishment and operation of a camp environment such as accommodation, computer and equipment, meals and snacks, bedding, and rest area).
3. A formal contract must be signed with at least five players and at least one coaching staff. Deemed non-compliance with the maintenance requirements.
4. At least ₩500K ($450) per game, or equivalent compensation, must be paid to all players and coaching staff who competed in each stage (except for online qualifiers).
5. At least 50% of the total prize money must be distributed to the players and coaching staff participating in each stage.
6. Twitch and YouTube channels are required to operate, and at least one SNS channel must be separately operated.
7. Must have at least one secretariat representative, excluding submitted athletes and coaching staff.
8. All athletes, coaching staff, and secretariat staff must comply with the Valorant esports policy, competition rules, terms, and conditions (service terms, operating policies, etc.).

Full information is available at Riot Games Korea’s official site. 

AYO.NEWS says:

Riot is demonstrating it is serious about building a strong esports ecosystem for Valorant around the world, but these concrete measures in South Korea will certainly give teams the confidence to invest in the title, and bode well for 2021. 

‘AYO.NEWS says’ features the opinion of the author and does not necessarily reflect the views of Pentagon Digital Limited or its affiliates or associates. 

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