Announced by Mojang head Markus "Notch" Persson via Twitter and a new website, the game will be shaped by the players, and billed via a flat monthly fee.
Notch wrote on the 0x10c website: "The game is still extremely early in development, but like we did with Minecraft, we expect to release it early and let the players help me shape the game as it grows.
"The cost of the game is still undecided, but it's likely there will be a monthly fee for joining the Multiverse as we are going to emulate all computers and physics even when players aren't logged in. Single player won't have any recurring fees.
"In a parallel universe where the space race never ended, space travel was gaining popularity amongst corporations and rich individuals.
"In 1988, a brand new deep sleep cell was released, compatible with all popular 16 bit computers. Unfortunately, it used big endian, whereas the DCPU-16 specifications called for little endian. This led to a severe bug in the included drivers, causing a requested sleep of 0x0000 0000 0000 0001 years to last for 0x0001 0000 0000 0000 years.
"It's now the year 281 474 976 712 644 AD, and the first lost people are starting to wake up to a universe on the brink of extinction, with all remote galaxies forever lost to red shift, star formation long since ended, and massive black holes dominating the galaxy."
Notch says that computing programming will be at the centre of the game. Each space ship will be controlled by a 16 bit CPU which you can use to control and build features on your ship, or just play games. You will have to manage the cost in wattage of adding features like forcefields, lights or a cloaking field.
The Ox10 game's features will include:
• Hard science fiction
• Lots of engineering
• Fully working computer system
• Space battles against the AI or other players
• Abandoned ships full of loot
• Duct tape
• Seamlessly landing on planets
• Advanced economy system
• Random encounters
• Mining, trading, and looting
• Single and multi player connected via the multiverse
Stay tuned to our gaming channel for more updates on 0x10c soon.