It's animated, my guess is that either means Castlevania/Cyberpunk Edgerunners style 2D or maybe we'll get full 3D CGI to capture more of the atmosphere. Could be cool if was the quality of (for example) the Divinity trailer at last year's Game Awards. Full 3D like that seems less likely given what I assume the budget will be, but also Sony Animation really needs a major win after they made K-Pop Demon Hunters for Netflix and got basically none of the massive profits.