Tecmo Koei is releasing a freemium version of Dead or Alive 5 Ultimate for the PS3 version. A Xbox 360 version is also being planned, Famitsu reports.
Playable characters are Kasumi, Ayane, Hayate, and Hayabusa. Besides the story mode, the free version of Dead or Alive 5 Ultimate will allow you to experience all the online and offline modes. All costumes and stages other than the DLC releases can be played, though save files and DLC costumes can be transfered over from the older version of Dead or Alive 5.
You can buy new characters for 400 yen each and unlock the story mode for 1,500 yen.