Looks like The Order x Assassin's Creed.
Im kind of surprised how polished this demo looks. Usually the cancelled projects we get to see dont look like this.
I didn't say it in my previous post but I was thinking of that exactly. the setting and art style looked very similar to the order. i was even thinking that the similarity to the order might have been the primary reason the project was canceled. I can imagine the internet memes already making this comparison just after the game's announcement.