Valorant is an FPS game produced by Riot Games, and it's in-game currency is called Valorant Points or VP which is used to spend in the in game store.

Valorant Points can be used to: Change your summoner nameTransfer your account to another serverPurchase: Champions, Champion skins, Chromas, Bundles, Hextech Crafting materials, Emotes, Ward skins, Summoner icons, Experience boosts, Additional rune pages,You can also use Valorant Points to purchase tiers which you would otherwise need to gain XP to unlock. Among these tiers are character unlocks, which means if you want all Valorant Agents unlocked from day one you can do just that using Valorant Points.