After watching the stream, I think this game is not going anywhere. After years of development, it still looks like something made by a few beginners. The voices in the stream sounded like kids.
EQ uses professional animators, professional game developers and an in-house dedicated engine, and it shows.
There is no way this game will take off with these kind of awful graphics and animation.
If I compare it to EQ, this game looks incredibly amateurish.