The new season kicks off on Australia's Gold Coast next month, with the number of core teams having already increased from 12 to 15 after Canada, Portugal and Spain all qualified.
And at the end of this season, promotion and relegation will come into effect.
The Hong Kong Sevens in March next year will feature an increase from 24 to 28 teams, with the current 15 core countries - a list that includes England, Wales, Scotland, New Zealand, Fiji and Australia - being joined by the Asia Sevens Series champions to contest the Hong Kong title.
In a second competition, 12 nations will compete for places at the core team qualifying final in London two months later.
The Twickenham event will also stage two tournaments, with the top 12-ranked countries at that stage contesting main London silverware and three remaining core teams battling it out alongside five pre-qualified teams from Hong Kong for three available core slots for 2013/14.
"As we enter our first four-year Olympic cycle for rugby sevens and build towards Rio 2016, it is important that the opportunity exists for all nations to progress to series core team status if they are good enough," International Rugby Board chairman Bernard Lapasset said.
"We are confident that this new system provides every nation competing in their regional qualifying tournament with a direct chance to gain core team status and compete on every round of the world series.
"We are also accelerating towards our Olympic Games debut in Rio, and this change to the series structure underscores our commitment to ensuring a transparent opportunity-for-all pathway to the Games."
- Hong Kong Sevens