So i just read this up while i was looking for news / place to pre-order a gtx 1070 lol (which costs errm 160+ euros more).
AMD promises to deliver "premium VR experience" with this card, and be over gtx 970 and just below or at par with gtx 980.
So, worry-free maxing i guess of any game @ 1080p, and high settings for 2K resolution.
I presume that the pricetag will make a huge impact, and not just in poor/emerging economy countries.
Worldwide launch is set for June 26th or something, anyway you can find online all the details, this was announced 2 days ago and since i was busy i did not check any news/websites, so this is new at least to me.