Story:
Europe, the Dark Ages. When the evil Twin Kings betray the King of Xanten, the slain monarch's infant son, Prince Siegfried, narrowly escapes with his life, spirited away by the kindly blacksmith Eyvind.
Eyvind raises Siegfried as a simple blacksmith and tells the boy nothing of his true kingly heritage. But then the gods hurl a fiery meteor to Earth, to propel Siegfried toward his true destiny. The flash of impact leads him to the meteor, which is rich with the metal of the gods — metal that he and Eyvind forge into his weapon, a sword like no other on Earth.
Discovering the meteor also leads young Siegfried to the woman who becomes his one true love: Brunhild, the Valkyrie warrior queen. Duty drives them apart, but they both swear to reunite — and to never love another.
Siegfried journeys to the kingdom of Burgund, where he earns the respect of King Gunther and the romantic desire of Princess Kriemhild. Gunther reveals to him that a powerful evil plagues his land, an evil that he is unable to defeat. It falls to Siegfried, armed only with his sword forged from the gods' metal, to slay the wyrm Fafnir — and to claim the dragon's gold as his own.
With this treasure, however, comes the curse of its rightful owners: the mystic Nibelungs. Siegfried's success also draws the ire of King Gunther's adviser, the villainous Hagen, who covets the Nibelungs' gold for himself.
To seize the treasure from Siegfried, Hagen uses black magic to make the noble prince fall in love with Princess Kriemhild and forget Brunhild, the love that the gods themselves had chosen for him. But Hagen's curse takes on a malevolent life of its own, spinning an expanding web of betrayal, deception and greed that ensnares everyone — plunging a world in chaos, and a kingdom into twilight.