PROJECT TWELVE UNLOCKS RECORD FOR MOST NFT HOLDERS AMID RECENT FUNDING ROUND

KUALA LUMPUR, July 13 (Bernama) -- Web3 gaming pioneer Project Twelve (P12) has announced its recently revealed Genesis Soul-Bound NFT airdrop was met with overwhelming enthusiasm from the global gaming community.

In the first week since its launch on June 27, over 500,000 non-fungible tokens (NFTs) were claimed and this number continues to rise. Nearly 70 per cent of participants joined through referrals, reflecting strong organic growth.

According to a statement, the airdrop’s greater-than-expected popularity is a testament to P12’s strong brand recognition and the appeal of its innovative vision to the gaming community.

It also establishes P12 as the platform with the largest number of engaged potential users in the Web3 gaming platform space.

Genesis Soul-Bound NFT pays homage to Steam developers and gamers by capturing off-chain credentials, including games published and hours played.

In the same statement, P12 also announced it recently closed US$8 million in new funding from a combination of committed investors, including MetaApp, Project Galaxy, Primavera Ventures and CyberConnect. (US$1 = RM4.435)

With this new funding, P12 will be able to tackle key challenges affecting the Web3 gaming industry.

P12 aims to better serve the user by building complete infrastructure and tooling to make game creation accessible and implementing a set of economic and governmental mechanisms to make game economy sustainable.

More details at https://p12.network/

-- BERNAMA