Today Black Desert Online publisher Kakao Games announced a deal signed with Tera developer Bluehole signed a deal for the publishing in North American and Europe of Bluehole's upcoming AAA MMORPG, Code named "Project W."

The game, about which basically no information is known at the moment, "aims to bring back the fundamental joys of playing an MMO," and counts among its staff Project Director Hyung-Jun Kim, who used to be NCSoft's Chief Art Director.

As part of the deal, Kakao Games will also be investing in Bluehole in addition to publishing Project W.

Kakao Games CEO Kye-Hyun Cho accompanied the press release with a comment:

“I am thrilled to be working with Bluehole, one of the best blockbuster PC online game developers in the industry. I see this event not only as a major cornerstone in our global expansion, but as an opportunity for both parties to grow.”

Bluehole CEO Gang-Seok Kim also commented.

“What has deeply resonated with me was the strong will of Kakao Games to take the lead in the global market by discovering and securing competent titles. I will pour out every resource there is to make a product that surpasses anyone’s expectations for an MMORPG.”

At the moment no platforms have been officially announced, but more information about the project has been promised for a later date.

If you want to know more about the latest MMORPGs Bluehole and Kakao Games have worked on, you can read our reviews of Tera (which is admittedly quite outdated considering that the game has gone free to play and has changed quite a bit since) and Black Desert Online.