Should be working now.
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If you focus closely, you will see some geometry/Nanite LoD coming into focus, which from my perspective creates an illusion of shadows popping in.
FYI, great next-generation demo!!!
My guess is those are LOD changes, and not even Nanite ones, but Hieralchical LODing, as already stated before. If you could switch to the different Nanite view modes in those videos, we'd be able to see what's happening better.
I also speculate these HLOD transitions do use the old stochastic transparency fade, unlike nanite that simply switches models with no transition (TAA does all the work). If that is the case, and it is possible to turn off TAA and Reconstruction, we'd be able to spot the stipple patterns of the stochastic transparency.
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