Project Awakening is currently in development for PS4 and PC but like Granblue Fantasy: Relink, it could be PS5-bound as well.
Granblue Fantasy: Relink isn’t the only action RPG from Cygames that’s a long time coming.
The developer last showcased Project Awakening in September 2018 and there has been almost no update until now.
Project Awakening is developed on Cygames’ own Cyllista Game Engine – it’s being developed alongside the game, which could explain the long development cycle.
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Project Awakening - New Cyllista Game Egine Demo Video: Terrain & Foliage