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Phantom Blade Zero: Its 15-Year Creative Journey, Origins and Funding

Phantom Blade Zero grew from Soulframe Liang’s 2010 Rainblood RPG Maker game. The 15-year claim describes a creative journey, not continuous development; no budget has been disclosed.
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Phantom Blade Zero did not spend 15 years in continuous development. The figure describes how long its creator’s larger vision took to reach the scale he wanted. The story begins with Rainblood: Town of Death, an RPG Maker game Soulframe Liang made in 2010, and runs through S-GAME’s later mobile games and the Tencent investment that helped expand the new action game. No production budget has been disclosed.

What does “15 years” mean for Phantom Blade Zero?

It is a creative lineage, not a verified production schedule. In a May 2023 PlayStation Blog post, S-GAME founder and CEO Soulframe Liang said he made Rainblood: Town of Death with RPG Maker in 2010. He described the larger action game he wanted to make as an ambition that took years to become possible—not as a single project in uninterrupted development since 2010. Liang’s 2023 account traces the starting point to that indie game.

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Liang said Rainblood grew into a franchise later renamed Phantom Blade. Most of the games in between were smartphone releases that did not launch outside China. He said the franchise had built a fan base of more than 20 million; that is his 2023 description, not an independently audited count, and the post does not define whether it refers to players, accounts or downloads.

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A 2025 PC Gamer interview by Wes Fenlon adds career context: Liang completed a second RPG before turning away from an architecture-office job in New York and returning to China to start a small studio. The interview does not name that RPG or establish that it was made with RPG Maker. The confirmed claim is one named RPG Maker game, not two.

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How did S-GAME fund the larger game?

Liang told PC Gamer that S-GAME initially expected to use income from its mobile games to fund a smaller version of Phantom Blade Zero. The studio later received investment from Tencent, which allowed it to expand the project. The report says S-GAME retained development and publishing control. Neither that interview nor the official pages cited here gives a budget amount, so “a whole lot of money” is qualitative rather than a disclosed figure.

Liang summed up his view of the studio’s approach to funding in the interview: “Yeah—many people are making games for money, but we make money for games.” It is his remark, not a formal financial statement from S-GAME.

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What kind of action game is Phantom Blade Zero?

S-GAME describes it as a dark action RPG set in a fantasy world it calls “Kungfupunk,” mixing Chinese kung fu with machinery, occult elements and punk styling. Its protagonist, Soul, is an elite assassin framed for killing the patriarch of the powerful Order. A mystic healer saves him, but the cure lasts only 66 days; he must uncover who arranged the killing while confronting enemies and monsters. These details come from the developer’s 2023 overview.

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Fast, elaborate combat and a semi-open world

Liang’s stated ambition is fast, elaborate kung fu action rather than a slower, more strategic style. He explained the creative gap he was trying to close: “That scale, sidescrolling and with kung fu movements and skills, while also cool, I would say was not enough. I am proud of them, but it’s not enough to express my idea of building this Phantom world.”

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The world is described as semi-open: a series of reasonably sized, handcrafted maps with activities, rather than one continuous map. The 2023 account says action director Kenji Tanigaki demonstrated moves for camera-array reference and that the team used handcrafted animation because it believed motion capture could not do those movements justice. That describes the approach reported at the time; it should not be read as a complete account of final animation production, since later marketing also discusses motion capture and choreographer collaboration.

“Soulslike” is not a settled description of the game’s design. Steam displays that label as a user-defined store tag, but a tag alone does not establish a genre. The more specific account from Liang emphasizes fast kung fu action, while official materials also describe weapon customization and semi-open maps.

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Weapons, builds and story paths

In an August 17, 2026 PlayStation Blog deep dive, Liang said side quests can open story paths and deepen the player’s understanding of the Wulin. The post also describes more than 30 main weapons and 25 secondary weapons, called Phantom Edges. Players can upgrade weapons, combine them with accessories and reforge a weapon to reclaim materials for another build. These are publisher-provided feature descriptions, not independent hands-on findings. Read the PlayStation Blog deep dive.

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When does Phantom Blade Zero come out, and where can you play it?

As of October 9, 2026, S-GAME lists October 29, 2026 as the release date and says pre-orders are open for PS5, Steam and the Epic Games Store. Steam’s listing shows October 28, one day earlier. The studio’s date is the clearest current date to use, but check the relevant storefront close to release in case its listing changes. S-GAME’s official game page lists the date and editions; Steam’s store page lists October 28 and names S-GAME Studio as developer and S-GAME Publishing as publisher.

A June 2026 letter from the creative director said the game had been moved from September 9 to October 29—a 50-day delay intended to improve character models, rework environments and complete other polish. That letter explains the schedule change at the time; it cannot guarantee that no further changes will occur. Read the release-date update.

Standard and Deluxe editions

S-GAME’s page lists Standard and Deluxe editions. The Deluxe edition includes the full game, preorder early unlocks, two exclusive outfits, a digital artbook and a digital soundtrack. The page says the early-unlock content can also be obtained through in-game progression. Edition contents and prices can vary by region and storefront, so confirm the details where you plan to buy.

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