https://www.youtube.com/watch?v=nmwG6Sj1Yfg is a procedurally generated space explorer game that gives the player an entire universe to explore. Each star seen in the map is a travelable location that will contain it's on content. It will be multiplayer and is steadily gaining features. In my opinion THIS is really what being "next gen" is all about. I cant wait to play it.
For those who dont know procedurally generated means that as you travel or arive at a location the game litterally builds everything you see. There are no load screens in doing this. Think Minecraft but not block based.
https://www.youtube.com/watch?v=IRQarCZaokY