Project Twelve Closes $8M Funding Round to Build Sustainable Web3 Gaming Ecosystem, Launches Genesis NFT Airdrop

0

Forging sustainable economies within a revolutionary society Web3 Games experience, Project Twelve innovates on a vision of the viability of virtual assets and unveils the Genesis Soul-Bound NFT Airdrop

NEW YORK, June 28, 2022 /PRNewswire/ — Emerging as a premier project in the Web3 gaming space, Project Twelve (P12) announces the close of $8 million in new funding, paving the way for an expanding ecosystem with a sustainable game economy that makes game creation accessible. This funding round comes from a combination of committed investors including: MetaApp, Project Galaxy, Primavera Ventures, CyberConnect, CCV, InfinityLeague, Smrti Lab and others.

With this new funding, the founding team will be able to extend its strong vision to make game creation accessible and the game economy sustainable. Recognizing an impending paradigm shift for virtual assets, the P12 team set out to remove barriers that have historically minimized the impact of virtual worlds and experiences. By removing the imperfect for-profit model, P12 aims to better serve the user, paving the way for unlimited possibilities in the realm of virtual worlds. To address key challenges affecting the Web3 game industry, P12 will build comprehensive infrastructure and tools to make game creation accessible and implement a set of economic and government mechanisms to make the game economy sustainable.

The team behind P12 come from a hybrid Web3 and gaming background. They have been in the blockchain and cryptocurrency space since 2018 and have successfully built a decentralized exchange (DEX) product. They also have a proven track record in R&D and game product design. P12 strives to combine the best of Web3 and gaming. Commenting on the initial evolution of Project Twelve, Founder Boyang explains, “P12 was conceptualized by a group of passionate gamers who have a deep passion and faith in gaming. While serving the gaming industry, we also identified the main challenges facing the future of gambling – it is insufficient supply and broken savings. Now we see a solution to the challenges by combining the best of Web3 and gaming, that solution is P12.”

Project Twelve is now inviting those interested in the P12 vision to collect the recently launched Genesis Soul-Bound NFT – the ultimate tribute to developers and gamers – from their parachute site and invite others to do the same through the P12 referral program. Officially launched on June 27e, the Genesis Soul-Bound NFT airdrop was received with great enthusiasm by the gaming community. The P12 Genesis Soul-Bound NFT pays tribute to Steam developers and gamers by capturing off-chain credentials including published games and hours played. will entitle NFT holders to future rights and benefits, and P12-verse gamers will become part of the growing movement of virtual asset pioneers, paving the way for a new future of Web3 gaming.

Explore Project Twelve and its mission in more detail at p12.network and engage with the community on Twitter, Discordand their Blog here.

About Project Twelve

Project Twelve (https://p12.network/) is a Web3 game platform and ecosystem of game creators with a sustainable economy. It includes the Editor, a complete Metaverse content engine for creating game worlds; Infra, a set of APIs/SDKs and developer portals to link game content on-chain; and Econs, a set of economic and governmental rules and mechanisms implemented in EVM smart contracts.

Media Contact
Name: Boyang
Phone: +65-83109131
E-mail: [email protected]
Telegram: @b0yan913

SOURCE Project Twelve (P12)

Share.

About Author

Comments are closed.