I do not know much about it but here is the brief wiki description:
CryEngine (unversioned)
On August 21, 2013 CryTek announced that their next CryEngine would not carry any version number. The reason for this decision was the fact that this new engine bears almost no similarity to previous CryEngine versions. The new CryEngine supports next-gen platforms such as PlayStation 4, Xbox One and Wii U.
And the citation: http://uk.gamespot.com/gamescom/new-cryengine-revealed-6413371/ - Which oddly enough drops Ryse a couple of times despite running off of CryEngine 3. If I were to guess I would assume some of the technology in the new CryEngine is being ported over into CryEngine 3 to be used in the first wave of the 8th generation releases before the new one is fully complete.
What do you all personally think?
CryEngine (unversioned)
On August 21, 2013 CryTek announced that their next CryEngine would not carry any version number. The reason for this decision was the fact that this new engine bears almost no similarity to previous CryEngine versions. The new CryEngine supports next-gen platforms such as PlayStation 4, Xbox One and Wii U.
And the citation: http://uk.gamespot.com/gamescom/new-cryengine-revealed-6413371/ - Which oddly enough drops Ryse a couple of times despite running off of CryEngine 3. If I were to guess I would assume some of the technology in the new CryEngine is being ported over into CryEngine 3 to be used in the first wave of the 8th generation releases before the new one is fully complete.
What do you all personally think?