It seems cool and all, but it's just going to be like any other world survival game. If you're on a pvp server then it will be dominated by people that never log off. If you're on a pvp server people are going to put their base near important things and cause things not to spawn.
Same thing happened on Conan Exiles, another funcom game. But at least that one was good solo before Tencent bought Funcom and added a ton of limited time FOMO shit.