Today Rare released a new video of Sea of Thieves, and it's a special one. Following Xbox boss Phil Spencer's visit at the studio, where he had another chance to play the game, we hear his impressions as he talks with Studio Head Craig Duncan.

Spencer mentions that Rare is building "such a magical experience for people to go out on the open seas and have a great time together.

We also hear that according to Spencer creating a new IP is always risky, it's a ton of fun, and also a ton of challenge. Trying a new game that a studio has never built before in a way that they've never done before is what first party studios should do, and it's a great growth opportunity for Rare itself.

He also explained that Sea of Thieves is meant to "live for multiple years"

Spencer also talks about the early years working with Rare, mentioning that it's been great to see the studio grow, adding that the developers working there, with a lot of history in the gaming industry, are trying to do something new, and that's absolutely the kind of risks that should be taken. He loves what he's seeing of the game, and thinks that "the payoff is going to delight millions of people."

You can check the video all below, and see Phil Spencer in action as a pirate here.

Sea of Thieves still doesn’t have a release date, but is supposed to come in 2017 for Xbox One, Scorpio and Windows 10.