Korean-based online game development company, T-Entertainment, who’ve previously created Last Chaos and Laghaim, has licensed Unreal Engine 3 for an upcoming MMO that’s been given the codename L2, which has been described as a cross between an RPG and RTS with a tentative release date of 2010. The genre of L2 will be that of a “futuristic fantasy with a taste of space opera.”

Just a couple days after NCSoft announced that they had licensed Unreal Engine 3 to produce two new MMOs, Bluehole Studio Inc. from Seoul Korea announces today that they have also licensed the engine for a next-gen MMORPG codenamed Project S1.

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