Capcom's Deep Down is an online PS4 game - trailer

The second Deep Down trailer has revealed that the new Capcom IP is an online game. Featuring glimpses of a series of creepy monsters in a subterranean environment, it also suggests there's a horror element to the fantasy game, which was announced for PS4 in February and runs on Capcom's next-gen Panta Rhei engine.

Quite what form of online functionality Deep Down will offer is unclear. Capcom isn’t attending Gamescom later this month in any capacity, but the publisher reportedly said today that it plans to showcase Deep Down at Tokyo Game Show 2013 in September. Capcom said last month that the title has no connection to RPG series Dragon's Dogma.