MTG Arena will host its first online tournament that rewards cash prizes on May 30-31, according to an article published on Forbes.com today.
The Arena Open is a two-day, play-at-your-own-pace Ikoria Standard event headlined as the first time players can win cash on MTG Arena with the top prize totaling $2,000. Unlike traditional Swiss pairings or a double-elimination bracket, players can play their matches whenever they want during the event. While not all the details are finalized, mostly in regards to if a player has to lock in the same deck on Day 1 or if they have to play the same deck on Day 2 as well, the structure and cost have been announced.
Players will play Best-Of-One Ikoria Standard on Day 1 until they reach seven wins or three losses. Those that hit seven wins earn a token to play in Day 2, where they play until they reach seven wins or two losses, with the format switching to Best-Of-Three Ikoria Standard. Players that total seven wins on Day 2 earn $2,000 and those that reach six wins collect $1,000. All other prizes are awarded in gems starting at three wins.
Entry for the Arena Open is 4,000 gems (roughly $25) or 20,000 gold. Players can enter as many times as they want on Day 1. Each player receives the Godzilla basic land styles for entering. Day 1 of the Arena Open starts at 11 a.m. ET/8 a.m PT on May 30 and runs through 10 a.m. ET/7 a.m. PT on May 31. Day 2 starts at 11 a.m. ET/8 a.m. PT on May 31 and players must enter by 1 p.m. ET/11 a.m. PT.
Read the full article from Forbes.