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I didn't include the left and right buttons because they were used for menu navigation outside of the game and 12 buttons is already quite a few for the average game that will be submitted. So for now stick with a maximum 12 controls. I don't have a specific rule for an online modes but right now it would be fine as long as your game follows all the other restrictions of the jam

What about if you include wasd and arrow keys. Do they each count for 4 buttons or does their interchangeability allow them to work with jam restrictions?

As long as they are serving the same function they could be interchangeable.