The MMO role-playing game sequel will forego subscription fees, instead adopting the free-to-play model. Users will be able to purchase items, armour and equipment, though specifics as to the breakdown of paid versus in-game items has not been revealed.
A version of the game for smartphones which will differ slightly from the previously announced PC and PS Vita versions was also revealed.
The smartphone version will share data with the other versions of the game, however cross-platform play will not be possible. Sega has said to expect simplified controls and character creation features on smartphones, as well as additional social features.
The PC and PS Vita versions will still enable cross-platform play.
Phantasy Star Online 2, to be developed by Sonic Team and published by Sega, will be released sometime in 2013.
The original Phantasy Star Online debuted on the Dreamcast in 2000, with GameCube and Xbox ports launched two years later.
> Retro Corner: Phantasy Star Online
Watch gameplay of Phantasy Star Online 2 below: