Twitch.tv and Beyondgaming.com have announced the TwitchTV Heroes of Newerth Challenge with a $5000 prize pool.

The tournament will feature four qualifiers of 256 teams each, which combine for a staggering total of 1024 slots for teams to compete over the highly-coveted Final 16 main event!

Schedule:
Qualifier 1 - August 6th
Qualifier 2 - August 13th
Qualifier 3 - August 20th
Qualifier 4 - August 27th
Final 16 - September 3rd - September 18th

To celebrate the announcement of the tournament, an official trailer has been released.