Crytek just announced a free to play mobile shooter called The Collectables. As you can see from the trailer, Crytek seems to be living up to its reputation when it comes to pumping out crazy graphics, as their mobile free to play debut looks pretty awesome:

Details are vague, but according to Crytek the game involves “commanding a squad of elite soldiers and lead them into explosive combat with strategic precision." So far they seem to be leaning pretty heavily on the free to play social stuff, which isn’t much of a surprise given the ties to Mobage and DeNA. If you sign up on their web site you get access to a free in-game character and “exclusive" equipment, which we’ve seen DeNA do before with other games.

The Collectables is “coming soon," and with the iTunes freeze upon us I’m guessing “soon" means “the 18th," but we’ll have to wait and see.