Finvarra's Fortress Beta Wipe ?

Will there be a wipe before official launch? I just found out about a new server being launched but I don't want to invest much time yet if it is going to be wiped soon.

That server is for testing purposes and will not be the new live server.

You should proceed with the understanding that you will lose everything. The new server is supposed to launch June 1 and playing on it will be what you're after.

Playing between now and then is just biding time for most of us and trying out some new things on the beta server. We welcome you to do those things with us, but yes ultimately it is a limited time experiment and progress will be lost.