Yes this game is just as awesome as it sounds. The goal is to penetrate the other players, it’s not very competitive because there is no score but honestly it seems like it could be fun, especially with other people (up to 8 players) .
As the team explains: “A lot of the early design decisions involved drawings of penises, figuring out things like ball to shaft ratio, butthole attraction force, and the weight of balls needed to make penetration take just the right amount of challenge.” Eight hours and several buttholes later, the autonomous penis-butt monster was born.
Man these sound effects are something as well. Genital Jousting will get a full release sometime April 2016. (source)