Eight players faced each other in the group stage. The format was a single round-robin tournament, meaning seven rounds. The format for matches in the knockout stage was a best-of-four series, except for the finals of fifth and seventh place that were best-of-two series.
Regulations The time control for the Group stage was 10 minutes per player and an increment of 5 seconds per move starting from move 1 and in the Knockout stage was 25 minutes per player with an increment of 10 seconds per move starting from move 1. In the event of a tie for qualification out of group stage, tie breaks would have been applied in the following order: • Game Points • If two players tied for first or fifth place, an
Armageddon would be played where the players bid a maximum time of 5 mins and the lower bid gets to play with black pieces and draw odds while being able to seek advice from the second for 5 minutes before the game started. If more than two players tied, then a Round robin mini-tournament would be played with 5 minutes per player and an increment of 3 seconds per move starting from move 1. • In the event of a tie for fourth place between two and four players, a double round robin mini-tournament would be played with a time control of 5 minutes and an increment of 3 seconds per move starting from move 1. If more than four players are tied, a single round-robin mini-tournament would be played with the same time control. In the knockout stage, Armageddon would be used as the tie-breaker, with maximum bid time of 10 mins. For the semifinal matches, the player ranked first in the Group Stage had chosen an opponent from among the players ranked third and fourth, and the player ranked second had to play against the remaining player. Similarly, for the Lower Bracket semifinals, the player ranked fifth in the Group Stage had chosen an opponent from among the players ranked seventh and eighth, and the player ranked sixth had to play against the remaining player. The player who ranked higher in the Group Stage in each matchup had the right to choose their color for the first game of the semifinals. In the subsequent round, the player who ranked higher in the Group Stage in a matchup received the alternate color of the one they started with in the previous round.
Prize money The total prize pool for the tournament was $300,000, which was distributed as follows:
Schedule ==Play-in==