Due to the restrictions Bungie has placed on events and prize monies, you the community will directly dictate how the prize pool is diversified amongst the different regions and consoles. The percentage of registered teams for each region/console will directly correlate with the percentage of the prize money that will be awarded the winners of that market. Promote your home and your console to buff that potential prize!
As stated, there will be exclusive regional and console play. We have heard the concerns and frustrations of playing teams from the other parts of the world. Even the most level headed players can be triggered with lag and latency. We feel this is the best solution we can manage with what we have to work with at this time. Yes yes, this may break up a small amount of international teams. However, in the grand scheme of things, this will allow for the best experience possible at this time.