Cygames will be working together with Platinum Games to develop a 3D action JRPG, Granblue Fantasy Project Re: Link. The game is reportedly 10% complete. Check the official website here.
The announcement trailer above was released by livestreaming in Nico Nico during the event of Cygames Next 2016. It shows characters of varied classes travelling around an while fighting beasts.
Even though the original Granblue Fantasy game is for iOS and Android, there is no news yet about what platform Granblue Fantasy Project Re: Link will be in. However, the music composer is confirmed to be Nobuo Uematsu and Tsutomu Narita, character design will be handled by Hideo Minaba. The director is Tetsuya Fukuhara and the producer will be Koichi Haruta.
Granblue Fantasy Project Re: Link will be available sometime later in the future.