Blood Magic

An immortal named Modo has been sent to live a full mortal life on earth as punishment for his crimes in the Absolute, the realm of the afterlife. Angered by this humiliation, the now-mortal Modo is determined to not only reclaim all his previous power, but gain enough strength to destroy the Earth once and for all, so that he may never be punished in such a base way again. As the story's hero, the player must stop Modo's heinous plans and ultimately destroy him, or aid Modo in his quest to annihilate the Earth...

Features from the official site:

• Not your run-of-the-mill RPG; a clever, original storyline with unusual characters and enemies.
• Vast spell system of over a dozen different spell fields allowing for player character specializations.
• Unique spell combinations feature, creating nearly limitless spell possibilities.
• Various modes of multi-player online gameplay, including both cooperative and competitive games.
• Fully supported online community environment, with Clans, Player Matching services and online Marketplace.
• Detailed character models and highly detailed buildings and environments.
• Realistic projection of shadows from dynamic light sources, casting shadows from every element of geometry.

The game was first released in Russia by 1C Company under the name of Blood Magic. It has since been released in an upgraded version in 2007 by Deep Silver in Europe under the name of Dawn of Magic.