Therian Saga by Studio Virtys
Alexandre Maltais is the CEO Studio Virtys, a developer based out of Quebec City which has spent the last five years developing Therian Saga. This is a browser-based MMO that is designed very much in the mould of Ultima Online and Eve Online with respect to player created and managed economy. It is out on open beta at the moment and is free to play. It can be accessed from here.