What about scheduling for china and apac? Chinese teams had games in china 3-5 days before this event and along with prepping for stage 2 matches they had to directly travel again for this. And apac has stage 2 matches in like 2 days after this event which are very important for making champs.
Another problem is it's not a part of official eSports cycle for valorant. It doesn't have any champs points or circuit points. and it's qualifiers were equally ass too like just before ewc for 3rd see teams of Toronto which was very unfair. And format with bo1 and single elimination playoffs is just not it for valorant.
And finally yes money makes this event quite important but it's just not as prestigious as masters.
People call it mickey mouse in the sense that it's not as big or as prestigious as official val events especially masters. Let's not even talk about champs.