You play as Denam, a young man who has come to the isles of Valeria to find work. He is hired to assist an old friend in ending the long conflict between the three factions, but he finds himself drawn into the struggle.

In this game, the three factions are the Bakram, the Galgastani, and the Walister. Each of them have their own history, their own motives, and their own goals.

The Bakram are the descendants of the original inhabitants of the isles. Their ancestors had a reputation for producing the most fine swordswords and battleaxes in all of Valeria.

The Galgastani are a mixed people, made up of many different ethnic groups, united by a common love of seafaring and warfare.

The Walister are a people who came to the isles later, having lost their homelands in the war.