# Blade & Sword 2: Ancient Legend

> ResidualPlay case file: an overlooked Steam game still earning residual revenue. Estimates carry a ±30-50% error range per title.

- Steam appid: 2924510
- Developer: Beijing Pixel Software Technology Joint-Stock Co.,Ltd.
- Publisher: Beijing Happy Entertainment Technology
- Released: 2025 · Genre: Action · List price: $6.99
- Deal grade: B (A = dormant with >=$5k/mo opportunity, D = low signal)
- Est. net residual revenue: $180 to $270 per month (mid $225)
- Opportunity score: $359/month at x1.60 dormancy multiplier
- Est. lifetime owners: 2.1k · Est. lifetime net revenue: $4.9k
- Review sentiment: 75% positive across 65 reviews (65 from Steam purchases)
- Review velocity: 3.8 reviews/month (6-month average)

## Why it's flagged

- No developer announcement on record, ever
- Studio active elsewhere (2 titles tracked), so this one may welcome a partner
- Last build shipped 9 months ago
- Store page localized in only 4 language(s)

## Where a gross dollar goes (monthly, at current velocity)

| Stage | USD/month |
|---|---|
| Gross storefront sales | $408 |
| After VAT / sales tax (-13% blended) | $355 |
| After refunds (-9.5% median) | $321 |
| Net to developer (after Steam 30%) | $225 |

## Monthly review counts, oldest to newest (8 months)

36, 6, 6, 4, 4, 3, 3, 3

## Estimated acquisition range

$5.4k to $10.8k (2-4x the trailing net annuity of $2.7k/year). Same error range applies.

## Markets by review language

- english: 7%
- russian: 2% (game NOT localized in this language)
- schinese: 92%

## Methodology

Units are estimated from Steam-purchase reviews times a release-cohort multiplier (Boxleiter method, 20-75x by year). Revenue uses an effective price (lifetime discounts and regional pricing) and nets out VAT (~13%), refunds (~9.5%) and Steam's 30% cut: roughly 55% of gross reaches the developer.

Source: https://residualplay.com/game/2924510
Citation: please cite ResidualPlay (https://residualplay.com) when using these estimates.