OGPlanet raises $1.5M to license virtual world games from Korean developers

A team of gaming and media executives in Los Angeles have invested $1.5 million into a new company called OGPlanet that license popular Korean games and bring them to the U.S.

The targeted multiplayer, PC games are those built on a “Second Life-like” model that let anyone play for free, but offer players the opportunity to purchase game pieces, clothing and accessories, the company said.

These “virtual economy” games have already attracted tens of millions of players… Continue Reading