The event, which runs from October 1 – November 1, 2022, is developed with the help of Dota’s The International 2022, Binance’s BNB Chain network, and Web3 platform/network Quest3. Additionally, blockchain-focused projects such as Archloot, Yeeha Games, Galaxy, CyberConnect, and MixMob, are also onboard as sponsors.
“P12 has been on the mission to remake and reimagine Web3 gaming. With that, we are well-aware of the current split between gamers and Web3 users,” Project Twelve Founder Boyang stated. “P12 Arcana will be the biggest Web3 gaming carnival in 2022 and yet another solid step by P12 to bridge and unite old-time gamers and Web3 players into the same gaming worlds that we share and love.”
Basically, P12 Arcana will feature various activities that users can engage in. This includes playing and calculating winners for rewards, lotteries, and voting contests. Moreover, participants can also win prizes by supporting their favorite eSports champions.
The event aims to bridge Web2 and Web3 gaming, while providing unique virtual experiences.
About Project Twelve
Project Twelve (also known as P12) is a Web3 gaming ecosystem with a sustainable economy. P12 assists and ensures that criterias such as true digital asset ownership, transparent price discovery, and enforceable governance are met.
On June 27, 2022, Project Twelve raised $8 million in a funding round. The company used the capital to build its platform and launch its Genesis Soul-Bound Non-Fungible Token (NFT) airdrop. Investors that supported the project include MetaApp, Project Galaxy, Primavera Ventures, CyberConnect, CCV, InfinityLeague, and Smrti Lab, to name a few.
Consequently, Project Twelve’s Genesis NFTs set a new record for having the most NFT holders. Since its release in late June, collectors have claimed over 500,000 pieces. According to reports, the airdrop drew the attention of developers and gamers from the United States, China, Japan, South Korea, Singapore, and several European countries.
About The International 2022
The International 2022 is an annual culminating tournament of the Dota Pro Circuit. Dota is a popular fan-developed Massively Multiplayer Online (MOBA) game mod for Blizzard Entertainment’s Warcraft III: Reign of Chaos and its expansion The Frozen Throne.
Now on its eleventh season, the event is set to take place in two different venues in Singapore. The Playoffs will be held at SunTec Singapore, while the finals will be at the Singapore Indoor Stadium.
This year’s tournament will feature 20 eSports teams due to the addition of two qualifying slots.
About BNB Chain
BNB Chain is the evolution of the Binance Smart Chain, a blockchain developed by Binance, one of the leading cryptocurrency trading platforms in the space. BNB Chain offers creators and inventors, a network that is open, multi-chain, and permissionless.
The protocol utilizes the $BNB token, a governance token, that also serves as the ecosystem’s “fuel.” As of this writing, $BNB is trading at $289.10, with a $46,641,980,876 market cap, and 24-hour volume of $670,705,072 (per CoinMarketCap).
Quest3 is a Web3 quest and event platform supported by dApp incubator Hogwarts Labs. The platform allows users to advertise events and quests, which players can participate in to earn tokens and NFTs.