In a futuristic city sharply divided between the rich and the poor, the son of the city's mastermind meets a prophet who predicts the coming of a savior to mediate their differences.

Siegfried, son of King Siegmund of Xanten, travels to Worms, capital of the Burgundian kingdom, to ask King Gunther for the hand of his sister, the beautiful Kriemhild.

When Kriemhild, thirsty for revenge, marries to Etzel, king of the Huns, she invites King Gunther and his court to visit them, intending to finally take the life of the man responsible of her disgrace.

For Balduin, going out to beer parties with his fellow students and fighting out disputes at the tip of the sword have lost their charms. He wants to find love; but how would he, a penniless student, ever dare looking up to any woman worth of loving? Absorbed in his dreary thoughts and indifferent to the advances of Lyduschka, Balduin is unexpectedly offered a fortune by the mysterious money-lender Scapinelli - but on a strange condition...