This is a project I've kept an eye on since throwing some money their way during the Kickstarter
they ran a few months back.
Basically, the game can be described as an isometric adventure game drawing inspiration from Zelda, Minecraft, and Secret of Mana. Exploration provides randomly generated terrain, as well as towns and dungeons you can happen across. Also, there's a large emphasis on forging your own unique weapons and armor.
The beta is scheduled to hit this month for anyone who pledged 25+ monies during the Kickstarter, although the devs have stated on their forums
that they will provide an option for people to join in the beta at the same price. The full game will be available for Mac and PC, but the beta will be PC-only.