IGG just announced another new 3D MMORPG called Tales of Fantasy, which features mostly on M ounted Combat  System. A series of gameplay trailers will be released soon so stay tunned. Also, they have said that its alpha test will start soon.

Tales of Fantasy features a massive 3D environment centered on inter-faction warfare with an immersive history and storyline. Players can choose to fight for one of two powerful nations locked in constant conflict while working to thwart an even greater threat to both sides.
 
Background Story
The mighty civilizations of Ashland (a tribal community located in the west) and Bohren (a civilization with its roots in the eastern culture) long ago reached the limits of their tolerance for each other. Repeated clashes over religious views and cultural practices escalated over time. The results of all this tension ultimately led to war.
 
Game Features
Mounted Combat System
With a diverse collection of mounts available, TOF features a meticulously designed mounted combat system. Players can attack while perched atop their favorite mounts. Relive the awe of ancient wars dominated by cavalries as you charge alongside thousands of brothers-in-arms into the heat of battle!
 
Real-time Horse Racing Competition
For those racing fanatics out there, TOF has even incorporated a Horse Racing system. Players can use their mounts to race other contestants across a designated racecourse passing through various locations in the world of Elterra. Winners will be announced throughout the world and receive a title that adds to their character attributes as a reward.

Advanced Graphics Technology
TOF uses the most advanced 3D technologies available, from bump map algorithms and enarallax mapping to subsurface scattering, TOF’s graphics are sure to wow players with an enhanced gaming experience.

Visit the official website of Tales of Fantasy.