During today's Xbox Showcase, Rare revealed Sea of Thieves: The Legend of Monkey Island. It will be released in three monthly (and free) installments beginning next month on 20th July.
This is described as a "brand-new tale" featuring familiar characters and voice actors from the popular Lucasfilm Games series. Rare has actually gone to the extent of teaming up with Lucasfilm to present the most authentic story it possibly can for Guybrush and co.
Here's a bit more about it and what to expect from Xbox Wire:
"Your adventures will have you meet Guybrush Threepwood, his beloved Elaine, the dreaded ghost captain LeChuck, Murray the Demonic Talking Skull and more iconic characters. You’ll get to visit freely explorable versions of both Mêlée Island and Monkey Island, solving puzzles in a point-and-click style adapted for Sea of Thieves first-person view – and it’ll all take place in the Sea of the Damned, so you’ll have no interruptions from other players as you relive the iconic series in a brand-new way."