Riot Usury said in an Ask Valorant on 16/07/20 that:

Yes, gifting will be coming to VALORANT (soon™)! We want to give players the ability to gift content as a way of celebrating victories, holidays, or any occasion that calls for it. We're aiming to enable gifting by the end of 2020, but timelines may shift as we get closer to the date.

It's now more than 2 years later since he said this. Are they ever going to implement this? Or is this just a load of hot air? Because to me it seems like "soon" isn't really soon.