There's no time to find loot, the circle closes entirely too quickly. Very little to no consequence for leaving matches, good luck finding teammates that will stay. You lose a level when you die now instead of just runes, and a locust cloud follows you around that will absorb levels and destroy grace sites as you try to use them to level when you already have no time to get runes in the first place. The only good thing about this game is no fall damage, which is needed considering you're running the entire time trying to race the storm like you're in fortnite.
No need to grind because nothing carries over (levels or equipment) and relics are garbage and usually for a character you're not even using. The tankiest character with a great shield gets staggered gaurding against a limgrave guards sword thrust. There's too many issues to list them all. Mechanics seem glitched when comparing to actual elden ring (its an insult to elden ring to call this elden ring) and the bosses are nothing but damage sponges with 1 hit moves.
This is complete and utter garbage, I haven't hated anything this much since season 8 of game of thrones, this is on the level of Bran the Broken becoming king.