Kakao Games is looking to dive deeper into the play-to-earn cesspool, it appears. The publisher has reportedly invested an undisclosed amount into Korean studio Redlab Games, which is working on a “worldwide” play-to-earn mobile MMORPG codenamed Project R.
Redlab Games was reportedly founded last year by the same person who held executive positions at Smilegate, Neowiz, and Blue Potion Games, while Project R is being built on the Unity engine and is designed for mobile according to job listings.
The investment from Kakao has the caveat that Project R must release on the Bora Portal platform – the same P2E games platform that XLGames’ ArcheWorld game is landing on and a platform that Kakao is also an investor in.
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source: MMO Culture
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