Today Sony officially introduced PS4 Tournaments: Challenger Series which allow PlayStation 4 fans to prove their might in seasonal tournaments directly on PS4, competing to earn both in-game and IRL prizes with the first battle taking place in Mortal Kombat 11 with more at Compete.PlayStation.com. 
Those interested can Sign Up and view the Current Tournaments listing, official rules (PlayStation-MK11-Tournament-Series-Ruleset-EN.pdf) and further details below from Global Competitive Gaming VP Steven Roberts VP to quote:
I'm excited to introduce to you PS4 Tournaments: Challenger Series.
With this, PlayStation invites gamers of all skill levels to play and enjoy competitive gaming from the comfort of their own homes on their PS4 system. We're kicking off on August 6 with the Mortal Kombat 11 PS4 Tournaments: Challenger Series, followed by FIFA 20, Battlefield V, Warface and other AAA titles coming later this year.
No matter your skill level, you’ll be able to compete against both friends and others in the PlayStation community, with several opportunities to win and many prizes for those who are victorious. Restrictions apply. Active PS Plus membership required for most tournaments.
Introducing PS4 Tournaments: Challenger Series
PS4 Tournaments: Open Series Announce Trailer
PS4 Tournaments - Open Series: Mortal Kombat 11 - How to Sign-Up
MLB The Show 20 PS4 Tournaments - Summer Circuit
PS4 Tournaments: Open Series Overview on the Competition Center
Those interested can Sign Up and view the Current Tournaments listing, official rules (PlayStation-MK11-Tournament-Series-Ruleset-EN.pdf) and further details below from Global Competitive Gaming VP Steven Roberts VP to quote:
I'm excited to introduce to you PS4 Tournaments: Challenger Series.
With this, PlayStation invites gamers of all skill levels to play and enjoy competitive gaming from the comfort of their own homes on their PS4 system. We're kicking off on August 6 with the Mortal Kombat 11 PS4 Tournaments: Challenger Series, followed by FIFA 20, Battlefield V, Warface and other AAA titles coming later this year.
No matter your skill level, you’ll be able to compete against both friends and others in the PlayStation community, with several opportunities to win and many prizes for those who are victorious. Restrictions apply. Active PS Plus membership required for most tournaments.
- SEASONS: PS4 Tournaments: Challenger Series is seasonal, giving you a chance to come back and compete in your favorite games repeatedly. In each season, progress through stages to test your skills with a level playing field, earning prizes for your efforts. See how far you can go – then come back for the next season and see what new prizes you can win!
- COMPETITION STAGES: Every tournament season has three stages of competition. Everyone will start in Stage 1, and for Mortal Kombat 11, you must win at least 3 out of 4 matches to advance to Stage 2. This allows more chances to advance than in a single elimination structure. In Stage 2, you will compete at a higher skill level and need to win to move on to Stage 3. In this final stage, you will join the best to contend for the championship title.
- PRIZES: Compete and win for escalating prizes. As you progress through the competition stages, the value of the prizes will increase. From unique game specific dynamic themes to in-game currency and cash prizes, there are plenty of reasons to compete throughout a season.
Introducing PS4 Tournaments: Challenger Series
PS4 Tournaments: Open Series Announce Trailer
PS4 Tournaments - Open Series: Mortal Kombat 11 - How to Sign-Up
MLB The Show 20 PS4 Tournaments - Summer Circuit
PS4 Tournaments: Open Series Overview on the Competition Center
