February-March Competitive Season

Racing:

• The signature race for this season will be the 65 Minute Fixed Seed Unwavering event. The Unwavering mod means that monsters have increased life and cannot be stunned.
• For more information about the racing Season (including its prizes), check out the Season Page. The schedule isn't currently up, but will be within a couple of days.
• We're running our first Racing Invitational this season. Anyone who receives an alternate-art Demi (i.e. the top 20 by season points and the top 3 of each class in the signature race) will be invited to the invitational event at the end of the season. It'll be a race similar to the signature race but with a different seed.

PvP:

• We're running American and European PvP seasons again, which take place in the challenge leagues.
• Torment and Bloodlines are combined - you can enter any event with characters in either league.
• This season, players may only earn an invitation to one PvP invitational event. In the broadcasts, matches will now be shown sequentially rather than in parallel.
• There are several other changes! We've posted a detailed explanation of how PvP Season Two works, which you can read here.

Prizes:
Prizes have been generously provided by Alienware this season. There will be prizes for the winners of both the PvP invitationals (one for Europe, one for America) and the Racing Invitational (first and second place). We'll be posting more information about these prizes soon.

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But TMT has 100x the resources of BLD, so why encourage people to even try preparing in BLD?

This assumption isn't really true - competent Bloodlines players have very similar (if not better) economic results to Torment players. The items crafted in Bloodlines (and PvP characters created) are often better.

I wish we could have given more notice on the announcement.