Hytale has been in development since 2015 but the game’s release date was only recently revealed in November of 2019. Despite following a “ready when it’s ready” policy, the team pinned the game’s launch window down to 2021. As of right now, the game is currently set to launch on Windows and macOS, with no news available about a potential console release just yet.  

Hytale Price

How Hytale will be monetized is currently unknown. We expect that it will likely be a one-time fee to purchase the game, and that the cost will be in line with Minecraft. However, this is pure speculation and here's what Hypixel has said on the matter:

We’re still finalising the exact details of the business model. When that’s done, we’ll share more details!