Is Anthem a Mass Effect Crossed with Destiny?

We were teased with the release of "Anthem" during the EA presentation but it was Microsoft who brought it home with help from the creator Bioware to show us full cutscenes and gameplay.

Graphically the game looks amazing, and as far as gameplay goes it appears to be like a cross between Mass Effect and Destiny, if that is the case this will be epic!

The footage shows it running on an Xbox OneX.