Peter Molyneux said in April that he was working on something new, and this, presumably, is it: The Trail: Frontier Challenge, a "rebuilt and redesigned" version of the 22cans mobile game that was released last year.
Players in The Trail will "walk down the single track path of destiny" and "take part in a variety of fun challenges" as they make their way to their ultimate goal, the town of Eden Falls. You'll select and level up in one of five professions, earn money through crafting, build, furnish, and upgrade your home, trade with other players to expand the town, and perhaps one day even become the Mayor.
“Our goal with The Trail: Frontier Challenge was to take the core gameplay and narrative of The Trail on mobile, and reimagine it for Steam players. PC players are looking for a completely immersive and uniquely challenging experience and I think they will be pleased with what we’ve created," Molyneux said. "The gameplay has been developed to be far more strategic, for example, players will now have to balance what they carry in their packs against how fast and far they can travel. Bigger items are heavier and slow you down, smaller items are lighter so you can travel faster.”
The mobile versions of The Trail seem relatively well-regarded (4.4/5 ratings on both iOS and Android) but I'm not convinced that it will receive the same sort of warm welcome on Steam. For one thing, the mobile versions are free, but the Steam edition will carry a $15 price tag. The legacy of Godus looms large as well: 22cans said in February (of 2016) that it hasn't been abandoned but it quite clearly has for now, and by all appearances the Godus Wars spinoff has suffered the same fate.