Teams from all over the globe will participate.

Riot is holding a set of Valorant tournaments to celebrate its June 2 launch. The tournaments, which will be streamed and hosted by Twitch Rivals, will feature a $200,000 prize pool with creators and teams from North America, Brazil, Europe, Korea, Japan, and other parts of Latin America participating.
To celebrate launch, we’re teaming with competitive FPS creators to hold a global tournament and crown 1 winning team from each region. Up for grabs is a $200,000 prize pool and the right to count themselves among the first global VALORANT champs. https://t.co/8KTOqeVsck
— VALORANT (@PlayVALORANT) May 28, 2020
Few details have been announced yet, but Twitch Rival tournaments usually feature a combination of professional players and streamers. Specific tournament times during the launch weekend have also not been announced.
Valorant left beta on Thursday, becoming unavailable to players until the free-to-play shooter fully launches on June 2. Riot plans to reset player accounts and patch in fixes and new content during the down period. The studio will also be adding new servers--located in Atlanta, Dallas, London, Madrid, and Warsaw--to help lower Valorant's latency so that the player experience is as smooth as possible.
Other tournaments have been held during the closed beta period, including other Twitch Rival events.
Riot has already started to lay out their plans for Valorant's competitive scene, including three tiers of competition. Small, medium, and large tournaments with different prize pool amounts will help Riot bring in third party organizers to hold tournaments.

"Our primary focus early on will be forming partnerships with players, content creators, tournament organizers, and developers," ‘Magus’ Rozelle, senior director of global esports at Riot Games said in April. "Unlocking them to help us to build the Valorant ecosystem.“
Nearly 3 million players checked in to play in Valorant's closed beta, which is seen as a huge success for the creators of League of Legends.
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