Project V1 is for an E3 2014 web show called Invader
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Project V1 isn't for Viewtiful Joe, it's for an E3 2014 web show. Expectations firmly crushed then...
The project teased on the site earlier this month, and one site even received this cryptic card in the mail.
Invader's site has now expired, and has been replaced with the following artwork:
The link listed in the artwork points nowhere currently.
Oh well.
Thanks @Get_crazy78