THE FUNDING WILL HELP THE COMPANY TO BUILD A SUSTAINABLE WEB3 GAMING ECOSYSTEM!
Project Twelve is a Web3 gaming platform and game creator ecosystem with a sustainable economy. It has three main components: the Editor, a fully functional Metaverse content engine for creating game worlds; the Infra, a collection of API/SDK and developer portals for connecting game content on-chain; and the Econs, a collection of monetary and governmental regulations and mechanisms embedded in EVM smart contracts.
Project Twelve (P12), which is quickly becoming a leading initiative in the Web3 gaming industry, has announced the closing of $8 million in new investment, opening the door for developing an expanding ecosystem and a viable game economy. Several committed investors contributed to this investment round, including MetaApp, Project Galaxy, Primavera Ventures, CyberConnect, CCV, InfinityLeague, Smrti Lab, and others.
The founding team will be able to further their compelling goal of making game creation and the game industry sustainable with the help of this fresh funding. After realizing an imminent paradigm change for virtual assets, the P12 team set out to remove barriers that have historically reduced the effect of virtual environments and experiences. P12 intends to better serve the user by doing away with the flawed for-profit business model, opening the door to virtual worlds’ endless potential. P12 will develop comprehensive infrastructure and tooling to make game creation accessible. It will put in place several financial and governmental frameworks to make the game economy viable to address the significant issues impacting the Web3 gaming industry.
The ultimate tribute to developers and gamers, Genesis Soul-Bound NFT, was just released by Project Twelve. Those interested in the P12 vision are now invited to collect it from their airdrop site and encourage others to do the same through the P12 referral program. Genesis Soul-Bound NFT airdrop, formally launched on June 27th, has received a lot of positive feedback from the gaming community. By recording off-chain credentials, such as games released and hours played, the P12 Genesis Soul-Bound NFT pays gratitude to Steam producers and gamers. As a result, the collection of priceless proof-of-play data will give NFT holders access to future rights and advantages. As a result, players in the P12-verse will join the increasing group of pioneers in virtual assets, paving the way for a new era of Web3 gaming.