Bungie calls Destiny a "shared" first person shooter. It will require an always-on Internet connection and allow players to interact in ways that are intended to be both more pervasive and seamless than traditional online FPS or MMOFPS games.

It will not have a subscription fee and is not considered an MMO by Bungie.

Bungie employees described a style of play that might best be categorized as drop-in, drop-out coop with no lobbies or menus, similar to the Sony PlayStation 3 title Journey.

At its core, we’re building an action game – a Bungie FPS. As we play in a space we’ve always loved, we’re intentionally and gleefully bending and blurring genre lines, blending concepts, constructs, and features you wouldn’t traditionally fit into the FPS category.

--Deej, Bungie Mail Sack
http://www.bungie.net/7_Destination-Mail-Sack/en-us/News/News?aid=10329

Concept art revealed by Bungie seem to show several different groups of enemy:

• The insect-like Fallen with their humanoid shapes and insectoid eyes;
• Space Zombies (not the official name) presumably something like Halo's Flood;
• The Vex: time-traveling robots
• The rhino-like Cabal

...there’s something primordial and instantly terrifying about squaring off against an unpredictable Fallen Captain, his tattered crimson cape draped over a set of four splayed and angular arms that bristle with sleek firepower.

--Urk, Bungie Mail Sack
http://www.bungie.net/7_The-March-of-the-Mail-Sack/en-us/News/News?aid=1...

[The Vex] are unlike any enemies I’ve fought in other games. The fiction behind them is really fascinating, which, in turn, creates one of the coolest deaths in the game.

David Candland, Senior Artist
Bungie Mail Sack
http://www.bungie.net/7_The-March-of-the-Mail-Sack/en-us/News/News?aid=1...

Bungie LLC, which is the entity formed when Bungie achieved independence from Microsoft in 2007, has all ownership rights for both the intellectual property behind the new project, Destiny, as well as the Marathon franchise, which Bungie created as Bungie Software in the 1990s.

Bungie has announced the first title in the Destiny series for current generation consoles: the Xbox 360 and PlayStation 3.

The contract revealed earlier indicates that the game will later be made available on next generation consoles.

News sources vary on the possibility of a PC port; some said Bungie denied it, calling Destiny a "console shooter" while others say Bungie refused to confirm or deny the possibility of a later PC port.

According to the available contract, the first retail product based on the Destiny IP is tentatively planned for a release in Fall 2013.

No release date has been announced.

Activision held an earnings call in early 2013 that indicated they were not expecting any Destiny revenue during 2013.