This grand event involves cultivators ranging from Qi Refining stage to Golden Core Craftsman, and it is divided into the fighting and arts arenas.
In the fighting arena, cultivators of the same class duke it out, with the winner advancing to the next round. Should they secure a position in the top three of their current class, they could net themselves thousands of Merit as a reward.
This not only tests a cultivator's self-defense capabilities but also prevents them from receiving too much protection within the Sect and losing their ability to fend for themselves.
By pitting against each other, it ensures that one doesn't exit the Sect with an inflated realm but without the skills to match it.
The arts arena, on the other hand, is much simpler than the fighting arena. Challenges in Alchemy, Artifact Refining, and so forth are set to test the cultivators, with Merit rewards for the winners.
Of course, apart from Merit, there are other rewards as well.