Hello everyone
Can anyone with experience provide information about this competition?
Is this competition a pre-test before participating in the actual competition?
Is it for individual participation or team participation?
Is the competition divided by levels such as beginner or pro?
Hello @LeHongXuan !
So, it is a memory organization that provides Memory Competitions. They have also arranged World Championships of Memory for many years now. To join in on World Championship there might be requirements or just a limited number of seats, where more skilled players would take priority to join in on the competition.
For more information on IAM I do suggest spend some time reading on their websites.
Here you can find upcoming Competitions:
And here are stats from Standard Competitions and also including World Records for Memory League Competitions:
So far there have been only Individual Based Competitions.
On Memory League you can find A few Competitions that are based upon Skill levels.
Hope that answered your questions.
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I really appreciate the information that you shared
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Happy to help! 
If you join either “League” or “Pan American Open” you will be one step closer. More information about them can you find at “World Tour” at the Memory League website =)