Mythic (mythopoeia, mythpunk)
This subgenre is a broad category. In general, these stories are set on our familiar Earth, and incorporate existing myths. Robert Holdstock's Mythago Wood and Neil Gaiman's Anansi Boys do a wonderful job of bringing ancient myths into our modern world.
Tolkein used the term 'mythopoeia' to decribe his own work, in that it's evocative of humanity's deepest myths.
Mythpunk is a small subgenre, its name a derivative of cyberpunk. Vera Nazarian's edgy novel Dreams of the Compass Rose is a clear example.
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Fantasy Sub-Genre Definitions
NonfiksiExactly what the title says it is, these are the definitions of the many sub-genres of fantasy writing. Come here if you are unsure of how to classify your story!