Is it too early to play yet?

Hello, I really love the looks of hytale and am looking forward to it. But, when I play Minecraft, I always play the new update and then drop the game, I wouldn't like to get hytale just to wait for updates and would love to play it as a complete experience first. I don't have any "spoilers" for the game, so I'm asking, is it playable and fun as a somehow of a complete game, or is it so early in the development that it's more like testing and playing around for now?

(I'm not looking for a completely finished experience, I'm asking if it's really buggy and if you can really notice fundamental stuff missing or being just placeholders, like if it's more of a Minecraft 1.0 or very early access subnautica)