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Its IPS panel supports 95% DCI-P3 color gamut coverage and HDR10. It has USB-C, display port and 2 HDMI ports. It is not a gaming monitor but it has FreeSync support and has Pixel Response Time 5 ms.
If you want a 4K gaming monitor, LG is introducing 27, 34 and 38 inch Ultra Gear monitors.
Their model numbers are 27GN950, 34GN850 and 38 GN950. The monitor has a pixel response rate of 1 ms. The three have a refresh rate of 144 Hz, which can be up to 160 Hz. These are compatible with G-Sync. If you want more bright display HDR600 support, you have to choose 27 inch or 38 inch model. The 34-inch model only has HDR400 support for display.
LG has not yet commented on their availability and pricing.