Action Square

About Action Square

Action Square is a South Korean game development company founded in August 2012 by Kim Jae-young. The company established itself in the mobile game market and later expanded to develop games for PC and console platforms as well. A significant milestone was achieved in 2014 with the release of "Blade for Kakao," which was the first mobile game to receive the presidential award at the Korea Game Awards. This success propelled the company's growth, leading to its listing on the KOSDAQ market in October 2015.

The company's business model centers on developing and supplying games, primarily in the action RPG genre, across multiple platforms. Revenue is generated through in-game purchases and licensing its intellectual property (IP) to other developers for expansion into new markets. For example, Action Square licensed its "Blade" IP to Turkish developer ByteTeknoloji to create a new game for the Turkish, MENA, and European markets. The company serves a global audience, with launches in North America, Europe, and various parts of Asia.

Action Square's portfolio includes titles like "Blade," "Samguk Blade" (also known as Three Kingdoms Blade), and "Blade 2." More recently, the company has ventured into new genres and technologies. It developed the sci-fi roguelike top-down shooter "ANVIL," which is available on Steam and Xbox. The company is also developing "Kingdom: The Blood," based on the popular Netflix series IP, and a dungeon crawler titled "Dungeon Stalkers." In a strategic shift, Action Square is embracing blockchain technology to create play-to-earn (P2E) games, such as "Blade: Re-Action," aiming to integrate token economies into its games. Under the new leadership of CEO Chang Hyun-guk, the company plans to change its name to Nexus (NEXUS) to reflect its growing focus on becoming an open blockchain game platform.