
The Valorant Champions 2023 tournament kicked off on August 6, featuring an impressive prize pool of $2.25 million. The grand winner will walk away with a remarkable cash prize of $1 million.
This highly anticipated esports event will take place in Los Angeles, California, United States, and will conclude on August 26. The third edition of the Valorant Champions will bring together 16 talented teams vying for the prestigious title. As the pinnacle of the Valorant Champions Tour (VCT) for the 2023 competitive season, the tournament promises intense action and fierce competition.
Most of the Valorant Champions 2023 matches will be held at the Shrine Auditorium and Expo Hall, while the top four teams will compete at the Kia Forum during the final three days.
The tournament's schedule and format are as follows: The group stage will run from August 6 to 13, with the 16 participating teams divided into four groups of four. Matches will follow a double-elimination (GSL) format, with each game being a best-of-three series. The top two teams from each group will progress to the playoffs.
The Valorant Champions 2023 playoffs are scheduled to begin on August 16 and continue until August 26. The playoff matches will be conducted in a double-elimination bracket. The Lower Bracket Final and the Grand Final will be decided in best-of-five series, promising thrilling showdowns.

Among the qualified teams competing in the Valorant Champions 2023 are Fnatic, Team Liquid, FUT Esports, Giants Gaming, Natus Vincere, Evil Geniuses, NRG, LOUD, KRU Esports, Paper Rex, DRX, T1, ZETA DIVISION, Edward Gaming, Bilibili Gaming, and FunPlus Phoenix.
With its impressive prize pool of $2.25 million, the Valorant Champions 2023 has set a new record for the highest prize pool in an esports event. The victorious team will take home a handsome reward of $1 million. The second and third-placed teams will also receive substantial prizes of $400,000 and $250,000, respectively.
This year's Valorant world championship boasts a significant increase in the prize pool compared to the 2021 and 2022 editions, which had a total prize pool of $1 million. Fans and players alike eagerly await the Valorant Champions 2023 to witness the breathtaking battles and witness the crowning of the ultimate champions.

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