At the top of this MMORPG.COM has that the release is 30/5/13 which is the release of Open BETA, and I am assuming, NO WIPES like what Neverwinter did - which means we could be in "Open Betä" for 6 months+ and you cant complain, because any bugs/lag ect can be explained as "Well, it IS still in BETA' correct?
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My understanding is no more wipes. but I haven't seen anything that officially states that. Basing it off of:
Players on official forums talking about powerleveling starting.... well, today I guess
Pre-order rewards are given on day of Open Beta
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It is identical to Neverwinter and every other F2P game out there in that Open Beta means launch.
By the way, Neverwinter has been out for under a month and plans to scrap the Open Beta tag in a few weeks when they launch Gauntlgrym, the large scale PvE and PvP content. Hardly 6 months+