What is P12
Project Twelve, P12 in short, is a GameFi ecosystem with 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. Through economic and governmental rules and mechanisms, P12 seeks to achieve several design goals, including true ownership, transparent price discovery, guaranteed liquidity, verifiable scarcity, and enforceable governance. All these design goals revolve around and contribute to the central purpose of sustainability for the P12 economy. P12 Arcana is one of the largest on-chain gaming carnivals in Web3, designed to feature one of the largest E-sport tournaments: TI11 of Dota2; During P12 Arcana, users were able to make prediction, take part in fun event and earn rewards in the form of: Stable Coins, NFTs, real-world merch, etc. The carnival game was launched by P12, Quest3 and BNB Chain in 2022 where users can play games, participate in activities, and win rewards. Over 24K+ users joined P12 Arcana and competed for a $100K prize in the first week of launch.