Hey, so I'm looking for a movie that I watched years ago. If I remember correctly it starts with a group of kids or smth and they try out this new virtual reality console which "teleports" them into the actual game where they from now on "live". I don't recall much of the storyline but all I remember is that there is mysterious guy who's told to be a legend and he has "99 lives" whereas others have like 5-6. And if you lose your lives, you die.
If anyone knows what I'm talking about - please!