My sons (HS senior and sophmore in college) love it.   It has a co-op mission mode (4 players I think) that you can do and gain resources and experience that you use to progress in the storyline and a "battle royal" mode that is basically a large multiplayer PvP mode.  They both seem to prefer the PvP mode to the co-op mode. 

It has a heavy microtransaction revenue model.

Pretty much what Asheras said. The PvE is enjoyable for about 10 hours (your mileage may vary), after which you've done the same ol' song and dance enough times to get bored.

The monthly events are pretty fun and break up the boredom of the grind. But the grind is built to break you into making purchases. However, like DDO you can get the store currency ingame via certain missions, event quests, daily quests, etc.

My suggestion would be to wait until the perk reroll system comes out later this month. And possibly wait until they create a working report/punishment system. Game is obviously currently plagued with children and 'leechers' (Pikers) from the Battle Royale mode that will literally afk in a mission and expect you to complete it for them. There's no easy way to report them and your report does jack diddly at the moment.

Technomage wrote on May 5^th, 2018 at 12:30am:

Besides the co op  any money you spend is purely cosmetic.
PvP is short and sweet, plus the new game mode is kinda fun. One person plays thantos and when he dies the  next person to grab his glove is the next thantos.
So there is no pay to win it that's what you were thinking.