The Japanese Playstation blog has finally revealed the main players who will be participating in Toshin Gekitotsu! First up, be sure to watch the very funny promotional video that contains interviews with most of the participating players. The lineups are now
Guilty Gear Kings Army: FAB(Potemkin), Nage(Faust), Susumu(Chipp), Ogawa(Zato), Takehara(Ramlethal), Taka(Slayer), Koichi(I-No), Kiisha(Faust)
Progamer Allied Forces: Daigo Umehara(Sol), Machaboo(Ky), Kazunoko(Sol), sako(Zato), Nakamura(Millia), LOX(Bedman), Roi(Sol), Mugen(Sol)

As this is a 10on10, there are still four more spots left to fill. Guilty Gear Kings Army will have an ArcRevo 2015 representative, and Progamer Allied Forces will have an EVO 2015 representative. Since Ogawa and Nage are already set in place, there is a good chance that Woshige will be chosen as the EVO player. There is also one more online qualifier that will be happening on August 9th.

In addition, the site has revealed that this 10on10 exhibition will not be played Pokemon style, as the main players already have their matches set! They are
Battle 0: Arc Revo 2015 representative vs EVO 2015 representative
Battle 1: Susumu vs Machaboo
Battle 2: Nage vs Kazunoko
Battle 3: FAB vs sako
Battle 4: Ogawa vs Daigo Umehara

No announcement has been made about the format for the online qualified players, though. It is interesting to see Machaboo pick Ky for this event, and I have a feeling it is for the purpose of adding diversity because his team already has 4 Sol players. The finals will be dual streamed on Nico and Youtube on August 22nd.

Here is a list of gaming publications that are running articles on this event:
Dengeki
Gamer
Famitsu