This eight-player online event starts this coming Saturday, April 18, and features a fantastic field starting with the world champion. Magnus Carlsen is playing, as is world #2 (and 2018 challenger) Fabiano Caruana, world #3 Ding Liren, #4 (and Candidates co-leader) Ian Nepomniachtchi, world #5 (and Candidates co-leader) Maxime Vachier-Lagrave, world #10 (and renowned Twitter troll) Anish Giri, world #18 (and blitz legend) Hikaru Nakamura, and world #21 (and 16-year-old super-prodigy) Alireza Firouzja. The event will last 16 days, running through May 3, and has an impressive $250,000 prize fund.
The event has two stages. The first is a round-robin, with each pairing comprising a 4-game rapid match at a 15'+10" time control. The first six rounds will take two days, with two simultaneous matches each day, while all four matches will take place simultaneously on the last day. The scoring is unusual: if a player wins the 4-game match he gets three points, but if it finishes 2-2 they play an Armageddon game, in which case the winner gets two points and the loser one. After that there's a final four knockout, with the first semi on the first day, the second semi on the second, and the final on the third day. If any of those matches reach a 2-2 score, they play a pair of 5'+3" games, and Armageddon after that, if necessary.
The event will take place on Chess24, and I'm sure it will be viewable on YouTube as well.