Akaneiro - Kickstarter Campaign

Akaneiro is a P2P action/RPG (currently single-player but co-op is planned) from American McGee and Spicy Horse. They are looking for $200k over the next 30 days to finish development and create an iOS/Android port:

A free to play ARPG with classic design sense meets fast-paced action, inspired by Japanese themes and the Red Riding Hood tale.

Veteran game designer American McGee (Quake, Alice, Grimm) and Spicy Horse (Alice: Madness Returns) are set on delivering players a uniquely enthralling free to play action role-playing experience. 

Akaneiro: Demon Hunters will transport you to a world realized in a striking visual style inspired by Japanese ink, watercolor and woodblock illustration. We’ve dug deep into the history and folklore of Japan when designing our scenarios and characters. Mixing this foundation with an original mythology inspired by Red Riding Hood yields a fantastic and inspiring setting for players to explore.

Akaneiro provides players with a free to play ARPG of depth, blended seamlessly with the speed and intensity of a pure action title. Combat is fast and unrelenting, but you can sway the tide with careful selection of abilities and equipment. A multitude of character building paths are available, though we've avoided being overly prescriptive, ensuring you can find the best balance of abilities and equipment for your personal play style. 

It does look visually striking, if you are interested.