Com2uS – Developer going all-in on blockchain gaming technology

It shouldn’t come as a shock that Korean developer Com2uS is investing heavily into “next gen” technology since introducing its “Com2Verse” concept. During the quarterly financial call recently, Com2uS pushed further into blockchain gaming by announcing all its future titles…

Crimson Desert – Pearl Abyss to hold unofficial private event at Gamescom 2022

In its quarterly financial report Q&A session held recently, Korean developer Pearl Abyss confirmed that Crimson Desert will be unofficially at Gamescom 2022. Rather than having a public booth, selected global game partners will be invited to a private event…

Midgard Saga – $50 million funded Yeeha Games reveals first game for Southeast Asia

Yeeha Games, a $50 million-funded gaming platform is looking to shake up the playing field. From the coronavirus pandemic to the historic global markets’ collapse, in less than two years, billions of people have dealt with a decade’s worth of…

ArenaNet – Guild Wars 2 developer hiring for Unreal Engine 5 project based on established IP

Perhaps long overdue, ArenaNet recently posted a few job listings hiring for a new “unannounced project.” While using the Unreal Engine 5 is definitely not a surprise, the said project is further described as “an established online fantasy IP.” It…

Redlab Games – Kakao Games invests in local startup working on Play To Earn MMORPG

Redlab Games was first founded last year by its CEO, who previously held executive roles in major companies such as Smilegate, Ntreev, Neowiz, and Blue Potion Games (EOS Red developer). From the very beginning, the aim for Redlab Games was…

XLGAMES – ArcheAge developer files for new title trademark

XLGAMES, the Korean developer behind ArcheAge and the atrocious NFT/ Blockchain PC MMORPG ArcheWorld, filed for a new game title trademark 2 weeks ago. The title in question is “ArcheWar,” and it is under the classification for digital software. It…

Shangri-La Frontier – Netmarble announces participation in new anime series and game

Yesterday, Netmarble announced that it is part of the anime production committee of the manga IP “Shangri-La Frontier”, which belongs to Japanese publishing house Kodansha. Netmarble also revealed it is working on a global game based on Shangri-La Frontier, helmed…

Nexon – Gaming giant to occupy massive 300 booths at G-Star 2022

Nexon recently announced that it will occupy 300 booths at the annual G-Star gaming convention at Busan Exhibition and Convention Center (BEXCO). It is the biggest number of booths by a single company in the B2C (Business to Consumers) hall.…

Vespa – King’s Raid developer asking employees to voluntarily resign

Latest update: As of July 6, 2022, Vespa has applied with the court for corporate rehabilitation. Since early this year, we have reported on Korean developer Vespa facing financial difficulties. According to various sources, on July 1st, the King’s Raid…

ODIN: Valhalla Rising – Kakao Games takes control of developer valued at USD 3 billion

Last week, Korean gaming giant Kakao announced that it has purchased 30.37% worth of stocks in developer Lionheart Studio. As a result, the ratio of shares in Lionheart held by Kakao Games and Kakao Games Europe increased to 54.95%, with…

DeMeta – Ultima Online veterans announce new game and teases blockchain MMO

Richard “Lord British” Garriott, best known for games such as Ultima, Ultima Online, Lineage, Tabula Rosa, and Shroud of the Avatar, yesterday announced he has formed a new games development studio, DeMeta, with Todd Porter, a founding producer of Dungeons…

BELLATORES – Korean studio receives USD 25 million investment for Unreal Engine 5 PC MMORPG

Nyou, previously a mobile games developer known for Dragon Chronicles and Duel Summoners, recently announced that it has secured 30 billion Korean Won (around USD 25 million) from its Series D investment round. The Korea-based developer counts Daol Investment, KB…

Garena – Singapore game company invests USD 25 million in new Korean developer

According to reports in South Korea, Singapore-based game company Garena has invested 30 billion Korean Won (around USD 25 million) in new Korean developer Alt9. Alt9 was founded in December 2021 with a grand aim to “innovate the stagnant mobile…

Shining Force: Heroes of Light and Darkness – Vespa confirms development has stopped

Officially announced to the public in August 2021, Korean developer Vespa last week announced the suspension of development for its new mobile RPG, Shining Force: Heroes of Light and Darkness. The main reason provided by the CEO of Vespa is…