Factions 2 is "Tlou Online", also code name for new TLOU2 remastered mode.

ksdixon

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Edit: shit. How do I turn this into a video?
It is supposed to be a clip from the latest LSM.
Teach me to post when stoned.
Anyway, I thought it was interesting the mode shares the name with the game.
 
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Box

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Thought this would be a gameplay video, not just 3 random blokes talking
 
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Yurinka

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As I remember Druckmnan already called it TLOU Online on the Geoff Doritos event, and we already knew that isn't cancelled because ND and its director mentioned it.
 

Vertigo

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Remasters also lead to improved assets and engine upgrades that are most likely an integral part of the online game’s development… but ND has been doing nothing all this time right?? Depends which doomer dumbass you ask.

The horde mode roguelike stuff however does seem like something fitting for an online game. That could be an introduction of what to expect. I don’t think that’s just something cut from a scrapped pve game… it could be but there’s nothing indicating the game was scrapped.