Lies of P sequel enters full-scale development as Neowiz confirms work on two new RPGs

Neowiz has confirmed that the Lies of P sequel has moved into full-scale development, currently reaching the crucial vertical slice milestone, while the studio is also advancing two other major projects: the Soulslike codenamed Project Windi and the narrative RPG Project Rubicon.

The latest Neowiz Q1 2026 earnings report reveals clear progress on three distinct titles, with the Lies of P sequel now officially in the vertical slice stage, a key benchmark where developers produce a polished, playable section of the game to demonstrate visual fidelity, gameplay mechanics, and overall creative direction. For the Lies of P franchise, this signals the transition from conceptual planning to the full production phase, confirming the publisher’s intent to turn the IP into a lasting series built on its early international success.

Lies of P 2: Development Status and Studio Ambitions

According to Neowiz’s investor report and industry coverage, the Lies of P sequel has entered full-scale dev phase after clearing internal review at its vertical slice stage. Neowiz intends for this sequel to deepen and expand the franchise. However, no storyline, gameplay, or release date specifics have been released yet, with the publisher stating that, ‘details are being kept a secret for now.’ Lies of P, developed by Round8 Studio and released in 2023, was one of the most celebrated Soulslike games not made by FromSoftware, praised for its dark reimagining of Pinocchio and technical polish. As of May 2026, Lies of P is positioned as the cornerstone of Neowiz’s expanding portfolio.

Key Lies of P development facts:

• Current stage: Vertical slice (demonstrable in-game section built for internal pitch)
• Development phase: Full-scale development officially underway
• Studio: Round8 Studio
• Publisher: Neowiz
• IP expansion: Plans in motion to make Lies of P a long-running franchise

Eurogamer’s review described the original Lies of P as having “strong enough foundations in its edgy tone and tweaked weapons,” but also noted, “it’s highly unlikely that they’ll be able to beat the originals at their own game”. Commercially, the game’s global popularity has served as a springboard for Neowiz to invest further in high-end RPGs and Soulslike experiences.

Alongside the Lies of P Sequel: Two New RPGs in the Pipeline

Neowiz’s Q1 2026 report also outlines progress on two additional unannounced RPG projects. Project Windi is described as a Soulslike RPG, currently at the prototype stage, led by Kay Lee, best known for directing “Vindictus” at Nexon. Although details remain limited, this title marks Neowiz’s strategy to compete in the challenging action RPG genre from multiple angles.

Project Rubicon, meanwhile, is a narrative-driven RPG under the direction of Seungho Jin, the creator of the acclaimed mystery adventure “Buried Stars.” Project Rubicon has now progressed to its vertical slice phase, indicating a rapid pace of development. As with Project Windi, whether Project Rubicon is set in an entirely new world or tied to existing IP is not yet confirmed by Neowiz.

Neowiz’s RPG pipeline at a glance:

• Lies of P Sequel – Vertical slice milestone, full-scale development by Round8 Studio
• Project Windi – Prototype phase, directed by Kay Lee (former Nexon/Vindictus)
• Project Rubicon – Vertical slice milestone, directed by Seungho Jin (Buried Stars)
• Status of both new projects: Potential new IPs, official details under wraps

Neowiz also appears to be accelerating the use of generative AI in its production pipeline. A recent recruiting drive by Round8 Studio targets an “AI Creator” role responsible for producing concept drafts with AI tools such as Stable Diffusion and Midjourney. The official job description emphasises, “integrate AI software into existing art workflows to reduce production time and build an efficient AI art pipeline.” This aligns with growing industry trends and signals Neowiz’s intent to modernise its art production systems.

Neowiz’s prior statements and job postings reinforce its “growing interest in AI-assisted game development,” pointing to a long-term strategy that combines human creativity and generative modelling to streamline future RPG production at scale.

Summary:

• Lies of P sequel confirmed in full-scale development, now at vertical slice stage
• Project Windi advances as a new Soulslike RPG from Kay Lee, in prototype phase
• Project Rubicon, narrative RPG led by Seungho Jin, hits vertical slice
• Round8 Studio is hiring for AI-assisted art roles, promising more efficient production pipelines
• No release dates, gameplay details, or settings confirmed yet for the new titles

With three ambitious projects underway and a renewed push for technological innovation in both development and art creation, Neowiz is positioning itself as a global contender among RPG and Soulslike publishers in 2026 and beyond. While players await further concrete details on the next chapter of Lies of P and its sister projects, industry attention is squarely fixed on Neowiz’s next moves.