Hosting a 5v5 Tournament

Here's What I Was Thinking: I'm planning on hosting a 5v5 tournament called The AK Open. I want the tournament to be open entry with a small entry fee. The tournament would be double-elimination (because nobody wants to just play 1 game after paying a small fee). All participants will need to add my tournament account "TheAKOpen" to their friend's list. 1 person from each team will also have to add my main account (MasterAK) although all participants may remove both accounts from their friend's list after they are eliminated from the tournament. The entry fee will be 1 mystery skin per team (to my main account, if it goes to the tournament account it WILL NOT count) and every member of the winning team will receive a mystery skin. People of all skill ranges will be able to join but when you join you must tell me the names of your teammates and I will look up their ranks via op.gg and "seed" teams from highest to lowest average team rank. The highest team will play the 2nd highest, the lowest will play the 2nd lowest etc in order to keep the tournament as fair as possible. You may also have ONE sub player but I will need to be notified ahead of time if the sub is playing. I also plan on making a YouTube channel and recording all games and posting them on there with no commentary or music or anything. I would leave the camera on directed and not change it whatsoever so as to not miss anything by my own fault. I would also create a discord channel and each team would have their own sub-channel to be in while playing (I would hop into each team playing's channel occasionally to ensure that no foul play is being used). There would also be an "endgame" sub-channel that all players would join after a game to exchange "gg's" and if they want to talk about the game they may. PLEASE NO TOXICITY. After the winning team is decided, all participants will vote on a tournament MVP who will receive one 975+ RP mystery skin.

I would love feedback, your thoughts, any of your ideas, and if you would like to, you may enter for the tournament by adding the account "TheAKOpen" and please either comment on this thread or message me in-game with the names of all your team so I can begin seeding early. PLEASE DO NOT SEND A MYSTERY SKIN YET BECAUSE IF THERE ARE NOT ENOUGH TEAMS THE TOURNAMENT WILL BE CANCELED!