It was alright, but the better ones in this genre, IMO, are those that at least allude to previous 'creator gods' etc.... the golden age etc. Even in live action like 'Contact' this principle applies. It could be that it makes more sense once some hyperdimensional understanding is known. Cycles of destruction are implied and seem more real to us here and now, otherwise, it's just more fantasy with little to no need of reality. It's just an expansion of our current paradigm expanded out to the galaxy like "Legends of the Galactic Heroes". An example of the previous 'golden age', peoples etc, like in Contact would be "Crest/Banner of the Stars" in anime. Even Star Trek had examples of this, especially in the original series. I can't think of that anime series that had the 4 types of entities at different levels... gold, silver, man, etc... which isn't much different from the Ring series.
Maybe they'll insert this into a latter episode, as I only saw this one you posted. Did they mention anything on the worldbuild in the first episode? The outlines have to be mentioned at a minimum to give context, otherwise, it's just our own expanded out, such as the Star Wars series... no allusions to anything beyond the current norm, just better tech and expanded empires. Battlestar Galatica had this, with some Lost type twist, but no real hyperdimensionality, no 'higher beings' as overlords, etc. Once you get a taste of 'more', you want 'more' , it's only natural, no?
All of these are contained within the current paradigm essentially unless that 'outside' reference is added, which changes everything, such as in 'Contact', inferring a 'whole new world' out there, and that reaching is rather normal, like a baby whatever breaking out of its shell.