The secret project from Capcom, SEGA, and Namco Bandai was revealed to be Project X Zone and a whole host of information has followed.
First, the game is meant to be a strategy RPG for the 3DS featuring characters from Street Fighter, Resident Evil, Tekken, Mega Man and Devil May Cry – just to mention a few. So expect to see Ryu going into battle against characters like Dante!
The character list so far includes: Ryu & Ken (Street Fighter), X and Zero (Mega Man), Demitri (Darkstalkers), Dante (Devil May Cry) and Chris and Jill (Resident Evil) from Capcom. From SEGA comes Shinguji Sakura and Ogami Ichiro (Sakura Wars), Pai and Akira (Virtua Fighter), Kurt and Riela (Valkyria Chronicles), Ulala (Space Channel 5) and Touma (Shining Force EXA). Additionally Namco Bandai will be bringing along Sanger Somvold (Super Robot Wars), Jin and Ling Xiaoyu (Tekken), Kos-Mos and T-elos (Xenosaga), Yurie and Estelle (Tales of Vesperia) and Kaito and Black Rose (.hack).
However, despite the claims that the game is a strategy RPG, the images showcased in Famitsu magazine so far have only been concept art or characters facing off against each other in fighting game style.
Project X Zone is coming to Japan at some point in the near future. The game is not confirmed for anywhere outside of Japan as of yet.