Hound13 Announces 2 New "AAA Open-World Action MMORPGs": Project D and Project M

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Hound13 is in the process of developing 2 different MMOs. Or, at least one of these is an MMO, the other is an online RPG. Which, if you think about it, equates to pretty much the same thing. Project D is going to be a cross-platform Unreal Engine 4 MMO featuring cross-play functionality between PC and Mobile devices. Much like Genshin Impact, Honkai Impact, Tower of Fantasy and other popular cross-platform games.
Then we have Project M which is going to be an online narrative driven action RPG completely for PC. Yes, no mobile, no cross-platform functionality.

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Alas, we have 2 brand new games to potentially be excited for. One is a cross-play MMO like Tower of Fantasy and Genshin Impact if it were an MMO.. and the other is a PC online RPG like Lost Ark.. but hopefully not with a top-down isometric point of view.
Absolutely no information has been released pertaining to the release date for either game, nor do we know the depth of the character creation, the combat system for Project D - Project M has action combat so we have a slight idea of how that'll play.
We don't know the business model, but judging by the developer, they'll both likely be completely free to play.

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Source: MMOCulture - https://mmoculture.com/2021/07/hound13-korean-studio-receives-massive-investment-from-garena/