Web3 gaming startup Project Twelve has closed its $8 million funding round from various top-tier industry investors. The funding will help the team tackle key challenges affecting the gaming industry, making game creation accessible and the game economy sustainable. Additionally, the team has launched its Genesis Soul-Bound NFT airdrop, which will uniquely capture off-chain gaming data and provide owners long-term benefits and utility.
Project Twelve (P12) is a gaming platform and game creator ecosystem. P12 builds complete infrastructure and tooling to make game creation accessible and implements a set of economic and governmental mechanisms to make game economy sustainable. It strives to combine the best of Web3 and gaming.
Project Twelve founder Boyang states:
“P12 is built by a group of hardcore gamers who have a deep passion for and great faith in gaming. While serving the gaming industry, we identified key challenges facing the future of gaming, which is insufficient supply and broken economies. We see a solution to the challenges in combining the best of Web3 and gaming. That’s how P12 came about.”
Project Twelve has secured $8 million in funding from MetaApp, Project Galaxy, Primavera Ventures, CyberConnect, CCV, Smrti Lab, and other investors.
Since launching the Genesis Soul-Bound NFT airdrop on June 27th, 2022 – accessible at https://airdrop.p12.games – the project has been met with great enthusiasm from the gaming community. The P12 Genesis Soul-Bound NFT pays homage to Steam developers and gamers by capturing off-chain credentials, including games published and hours played. That set of valuable proof-of-play data will entitle NFT holders to future rights and benefits.
Furthermore, the P12 Genesis Soul-Bound NFT will be part of an upcoming new platform focused on Web3 potential for gaming. It is advised to become part of this platform early through the NFT, whether one is a developer, Web3 investor, or gamer.
Everyone who wants to be part of this global movement can do so by claiming their P12 Genesis Soul-Bound NFT. Additionally, they can become part of the Project Twelve NFT badge space, built through a partnership with Project Galaxy.
Be proud of your game-related achievements to date and leverage them to unlock brand new experiences, rewards, and benefits with the help of Web3 technology. Make sure to follow P12 on Twitter, Website, and Discord for news, updates, and announcements!
About Project Twelve
Project Twelve, P12 in short, is a GameFi ecosystem with a sustainable economy. It features the Editor, a full-featured Metaverse content engine for building game worlds; the Infra, a set of API/SDK and developer portals for bridging game content on-chain; and the Econs, a set of economic and governmental rules and mechanisms implemented in EVM smart contracts.
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