Mortal Kombat: The Blood of The Gods is the eleventh main installment in the Mortal Kombat series. It is a stand-alone sequel, having a story of it's own, not picking up from where Mortal Kombat X left off. The game is a timed Xbox-One exclusive, and will have a Killer Instinct character as a result. The Playstation exclusive is not known yet.
Although making references to Mortal Kombat X, it seems to go back to the four 3D game eras. It retells Mortal Kombat Gold all the way to Mortal Kombat: Deception's storyline.