I hate to write a bad review on this because the devs have obviously poured their heart and soul into this game. But to be completely honest, it tries to emulate so many games that it doesn't know what it wants to be. Basically you start in the woods with nothing and have to survive, build things, and explore dungeons. Sounds good on paper, but all parts of it are bare-bones and nothing is really fleshed out.
It doesn't focus on the survival like Don't Starve
It doesn't focus on the sandbox stuff like Minecraft/Terraria
It doesn't focus on the dungeon-crawling like Torchlight/Diablo
It's got incomplete bits of all of those without specializing or expanding any of those and it ends up as kind of a bland, forgettable mess. It gives a bad impression right from the start with the controls. It has "W" moving you towards the cursor...but no full WASD controls, which it SORELY needs. Gathering resources has a pretty crazy range, so you'll find yourself chopping trees/grass/rocks from 10 feet away with the same bland animation, which makes it feel really bad as well.
The survival aspects aren't challenging at all. Night brings monsters, but you can easily craft a bed. Once it's crafted, you just need to right clock and bam...no more night. Food is insanely easy to craft as well. There might as well not even be Hunger and Fatigue meters because they're ridiculously easy to get filled and move on. There's no point in the sandbox stuff because there's no multiplayer and thus no one to ever really see or use what you've built.
And the dungeon crawler stuff is pretty limited to clunky-feeling combat in one of the 'big 3' paths of melee/ranged/magic, where splitting between them just hurts you in the long run.
So in the end, it's really repetitive/grindy and I'd say avoid it, unfortunately.