2021 is dinosaur era, competition was so bad, only garbage teams, no crowd ...
Sorry but EMEA does not have a real worthy Champion's trophy.
Single / Double Elimination have their pros and cons but single elim was the standard at that time. Every team played under the same conditions . You can argue how the games can be more high pressure/stakes in single elim but that doesn't matter.
Sometime in the future, who knows maybe the format could change but it won't make old trophies any less significant
you're right that every team played under the same conditions which is why i don't think it's completely worthless. however, i am willing to argue that trophy is indeed less significant because we still debate to this day whether the best team in that tournament were actually the winners. every other champions has no asterisks and the results are not really debatable.