Yes, you can create a team with your friends. After registration, log into your account, go to the "Create a team" section and add your friends to it.
The rules for compiling a team depend on the specific tournament or match. Typically you need to select a certain number of players within a budget and consider player position restrictions.
Yes, you can manage your team during a match by making changes to your lineup and tactics.
Awards and prizes depend on the specific tournament. Typically, winners receive valuable prizes, cash rewards or virtual rewards.