The Pokémon Company has announced a new mobile game for iOS and Android called Pokémon GO, which will be a free app that will work in conjunction with GPS and a new wearable Pokémon device called Pokémon GO Plus.

“Travel between the real world and the virtual world of Pokémon with Pokémon GO for iPhone and Android devices,” the site for the new game says. “With Pokémon GO, you’ll discover Pokémon in a whole new world—your own! Pokémon GO will use real location information to encourage players to search far and wide in the real world to discover Pokémon.

“The Pokémon video game series has used real-world locations such as the Hokkaido and Kanto regions of Japan, New York, and Paris as inspiration for the fantasy settings in which its games take place. Now the real world will be the setting!”

The new game will allow players to track down Pokémon in real locations using GPS, so it is basically like geocaching, but instead of finding cheap plastic junk and pennies, you find Pokémon. You will be able to trade and battle with nearby players, and according to the trailer, you can also take part in group boss battles against characters like Mewtwo.

While anyone will be able to play the new game on their mobile devices, players who want to be the very best (like no one ever was) will be able to purchase Pokémon GO Plus, a wearable device being developer by Nintendo Co. Ltd. that notifies players of game in-events through an LED and vibration.

Pokémon GO will be free to download and will be supported by in-app purchases, but there are currently no details on what exactly those purchases will include. A likely candidate seems to be the pokéballs used to capture wild Pokémon in the game, since the trailer seems to suggest that players have a limited supply.

If you want to watch a trailer for the new game that does everything except show what it will actually look like, you can watch it below:

Screenshot via The Official Pokémon Channel | YouTube
Pokémon GO Plus image courtesy of The Pokémon Company