[Beta signup] While Crytek did not specifically mentioned the term “MOBA”, the game description does have a hint of the genre. Developed by Crytek Black Sea (based in Bulgaria) and powered by CryEngine (duh), Arena of Fate is scheduled for beta later this summer.
We will hear more about the game soon, as it will be playable at E3. Crytek promises “fast-paced combat” along with a 5 Vs 5 format, with no mention of the map style. Personally, I am guessing Arena of Fate to be something similar to SMITE, minues the standard 3-lane map.