Redbana Corporation
| Company type | Private |
|---|---|
| Industry | Video games |
| Founded | 2008 |
| Founder | Jun Hyun Kim |
Area served | United States, Philippines, Taiwan (formerly) |
Key people | Jun Hyun Kim (CEO) |
| Products | Online games, MMORPGs |
Redbana Corporation—commonly referred to as Redbana—specializes in publishing online games and MMORPGs.
History
The company was founded in 2008 by Jun Hyun Kim, who serves as CEO for REDBANA in the U.S. and the Philippines. Redbana made its official debut by reintroducing Audition in April 2009. Initially launched by Nexon Corporation in 2007, Audition's license was transferred to Redbana following Nexon's discontinuation of the game. In August 2009, Redbana revealed its intention to launch Mythos.
- March 23, 2009: Launch of the Redbana website.
- April 14, 2009: Introduction of official forums.
- April 17, 2009: Activation of Redbana platform alongside the BANA Cash system.
- August 2009: Opening of Mythos website and registration for Closed Beta testing.
- November 25, 2010: Temporary shutdown of site and game servers due to hardware failures; services resumed on December 1, with forums restored only up to August 2010.
- April 2012: Discontinuation of Mythos service.
- January 2013: Forums underwent a comprehensive redesign and update.
BANA Cash
Redbana utilizes a Virtual Asset Sales framework through its proprietary virtual currency called "BANA cash." Players can acquire BANA cash using various payment methods including credit cards, PayPal, Open Bucks gift cards, GoCash prepaid cards, or Steam Wallet. It is noteworthy that Target ceased offering the official Redbana prepaid card in mid-2010.
Redbana Divisions
The company maintained a Taiwan-specific website (now operating as T3 Taiwan) at redbana.tw and launched a global portal on August 27, 2009, coinciding with the release of "Camon Hero." On March 5, 2010, Redbana Global announced that redbanaglobal.com would be closed by April 6, transitioning users to www.t3fun.com along with updated Terms of Service and Privacy Policy. Alongside this change, three new titles—"Grand Mer," "Mythos," and "워크라이 (Warcry)"—were introduced.
Under the Gamebana brand, Redbana Philippines distributed Hanbit Soft titles such as Tantra and WYD, aiming to serve as an international distributor; however, this division is now defunct. This branch operated independently from T3 Entertainment.
Mythos North-American Development [closed]
Although late 2009 announcements indicated a forthcoming closed beta for the Mythos MMORPG in North America, Redbana never provided definitive release dates or consistent updates. Efforts to rekindle community interest during 2010 were intermittent and ultimately unsuccessful, resulting in dwindling player engagement. A statement on January 7, 2011 confirmed ongoing development for the North American market but lacked a specified launch schedule.