Ernie Cline is writing a sequel to Ready Player One

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As for the release of the new trailer, it's speculated to be attached to a live-stream event that will be hosted by author Ernie Cline which is set to start 9:45 a.m. PT.

Ahead of a March release, Warner Bros. has debuted a new trailer which improves upon the first one as we have a bit more context for the visual effects extravaganza. Ready Player One is a best-selling science fiction novel by Ernest Cline, which makes liberal use of pop-culture character references and Easter eggs. Interestingly enough, he left an Easter egg in the game, which gives whoever finds it total control of the virtual reality and endless riches.

Within the world of the OASIS, a nostalgic scavenger hunt is underway, with the victor receiving control of the virtual world as well as half a trillion dollars.

The movie, directed by Steven Spielberg, is due out in theaters in 2018 and is undoubtedly going to be one of the year's most popular films.

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The latest trailer for Steven Spielberg's Ready Player One has just landed.

The trailer was also accompanied by a new poster for the film, which begs the question: what is up with Wade's super long right leg?!

"The film is set in 2045, with the world on the brink of chaos and collapse", a synopsis said. Created by the eccentric James Halliday (Mark Rylance), OASIS is a digital universe heavily informed by the pop culture of the past and thus populated by many a movie, TV and/or video game icon of the 1980s and 1990s.

Earlier this year we got a small peek into the world of 2045 OH where Wade Watts (played by X-Men Apocalypse's Tye Sheridan) escapes his bleak world through the OASIS, a virtual world where he joins an elaborate treasure hunt.