If you wasn't already aware, Fantasy Life was originally being developed for the Nintendo DS. Earlier this year though, Level-5 announced they moved development over to the 3DS and showed a new look to the visuals. During Level-5's Vision conference, held in Japan yesterday, the company revealed some new information on how the game plays out and also showed a new trailer.
The game is being described as a "slow-life RPG" and is being developed in conjunction with Brownie Brown, who developed Mother 3. Final Fantasy composer, Nobuo Uematsu is also working with them to compose the games music.
In terms of story, Fantasy Life is set in the world of Fantazeal. This is a place which its inhabitants refer to as Mars, and apparently is a place which has been marked by the moon. Long ago though, a prophet once warned that the world would come to destruction when a shadow passes over Mars. Unfortunately, this starts to comes true, but the people of Fantazeal continue to live their life's peacefully, unaware of the dangers that lie ahead.
Players create their own character avatar, which involves setting a name, gender, physical appearance, and "Life". whichever "Life" you choose, that becomes your in-game job, with twenty to select from. The jobs can affect how your game plays out and requires players to undertake certain quests which must be cleared daily. Once you've progressed through the game as one of these life's, you'll end up seeing what Level-5 refers to as a "small ending."
Fantasy Life is set to be released in 2012.