It seem like after the long beta and somewhat quiet cancellation of Triad Wars, United Front Games went back to the drawing board to redesign their approach at multiplayer games.
Smash + Grab seems to be a bit of Triad Wars meets APB in a match-based game. It is some sort of competitive multiplayer game where you create a gang of 5 characters (AI controlled?) and compete against other players in largely melee combat (similar to Sleeping Dogs) to smash, loot and fight over the city or something.
Honestly the whole concept is still a little unclear to me, but they are having a beta weekend starting tomorrow, Friday the 9th, and it's supposed to go into Early Access this month, so we should know much more soon.
You can get a beta key here: https://www.playsmashandgrab.com/the-smashgrab-beta-weekend-announcement/