Frogster just released the first details and trailer for Eligium – The Chosen One, its new free-to-play fantasy MMO that's scheduled to launch in the first quarter of 2012. You can sign up for the upcoming beta on the official Eligium site. Here are some of the game's features:

The Story: The Demons had been defeated … the heroes were lost … Greed and resentment led to war. The seal was broken and the evil returned … only one hope remained: the prophecy. Be the chosen one, unite the people and banish evil once and for all!
Races and Classes: Join the Humans, Elves, Silvias or Pandas and face the challenge as a Warrior, Hunter, Druid, Mage or Fighter.
Pets and Mounts: Raise your own pets, train them to be mighty mounts and ride in style.
Epic Battles(Eligium Gold): Choose a faction and test your mettle amongst hundreds of players on massive battlefields.
A New World: Discover an enormous world, explore countless gloomy instances and face powerful boss monsters in tactical battles.
Watch the new trailer below and check out some new screenshots in our gallery. Eligium will be playable this week at Gamescom.