Yes perhaps, but they are not exactly the same. Magic exist in Pax Dei. I would guess low Magic world but perhaps you can learn Magic in Pax Dei? Well and you could as an PvE enemy encounter a very nasty Witch like Blair Witch:
They have said our world myths such thing will be real there are lots more not only Ghosts. I would be surprised if it does not have Werewolves and other nasty monsters. Dragons are as myths in our world very much indeed.
Seems to me this Open World (I do not like so much) is the "new" thing. I have never played New World MMO. That said what I have heard New World MMO was Open world. Then players said this sucks Open World. Well today I would say New World MMO is more like semi Open World and semi Team Park. The New World MMO PvP? You can not avoid PvP once you have joined a faction and you must join a faction so not from beginning PvP but later for sure.
I do like Team Park very much. Another thing how I they going to tell the story in Pax Dei? They say there are no NPC which sounds crazy to me? Books? I do not read any books unless it a book of how to craft but story books hell no.
WOW MMO is Team Park MMO and I think it is the best MMO that has been done. BG3 is Team Park game and I have bought BG3 and played Early Access. That said Pax Dei is Unreal Engine 5 and I will keep an eye open on this game Pax Dei.
These makers are the the same people that have done EVE Online MMO. Do you know how PvP is in Eve Online MMO? There is no mercy and there is PvP in EVE Online MMO you can not avoid it! They have someone at least that have WOW MMO in their CV. Seems to me Pax Dei likely will be more tough in PvP section if you never want PvP then I think Pax Dei is for not you. Theoretically maybe you can craft in safe area in Pax Dei, but I do not want to play a game to only be crafter. I want to explore the World and if you do that in Pax Dei very likely you are subject to PvP.
They have talked about Clans in Pax Dei. Perhaps PvP is done so that if you belong to same Clan you can not attack same Clan members in Pax Dei. Like in WOW MMO there are Alliance and Horde factions. "Please keep in mind game is so early in development so PvP is still subject to possible change and a bit unknown how exactly PvP will be done."