Happy Wars, the first Free-to-Play action game created by Toylogic, will be hitting Xbox LIVE Arcade today, October 12.

This completely free game (for Gold Xbox LIVE members) will have a story mode, co-op and will feature the action-packed “Beat ‘Em Up” game mode. Beat ‘Em Up will feature 30 players (two teams of 15) fighting to overcome and capture the enemy’s tower, while defending theirs.

The game has three classes: Warrior, Mage and Cleric (each with its own advantages, disadvantages and specialities). With 1000+ items in the game which you can either buy with in-game currency (named Happy Stars) or Microsoft Points, you will be able to fully customize your character, including stronger weapons.

Check out the trailer below!

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Happy Wars is the start of Microsoft’s plan to bring free-to-play titles to consoles, and it seems it’s going to be a smart move considering how things have gone with F2P PC titles thus far.

Are you excited about this new free-to-play game, as well as Microsoft’s plan to bring more F2P titles in the future? Post your comments below!