A PROJECT V1 website has a countdown ticking off the seconds until May 30th, though what happens then remains to be seen. The page says "he is coming..." with no further explanation, and the source code includes a bunch of platforms as keywords: "PS4, PS3, Xbox360, XboxONE, PSvita, 3DS, Sony, Microsoft, Nintendo, PC, consoles, games, videogames, Wii, WiiU," but a cursory whois lookup does not reveal who registered this site. This is probably not related to the Unreal-engine Project V1 from back in the day, as we haven't heard from that one since the 20th century. Thanks All Games Beta.