Still in closed beta
Overwatch is constantly adding new features and tweaks to the core game during its beta session, and another big one is coming. Blizzard has just pushed ranked play into the mix, which has its own divisions in tow. Once players are level 25 they can access the mode, and will still get all of the cosmetic rewards they earn in unranked. The below video does a good job of explaining it all.
Overwatch is still currently in closed beta, but the open session is coming in early May. I really like it!