Real Magic: Shaman - Shadows of the Last Immortal
You there, are you interested in "a real-time strategic spell casting game based on the concepts of Wu Xing"? No? Well, you should be. Permit me to explain: High Iron Studios are making Shaman - Shadows of the Last Immortal, which is a bit of a mouthful, but leads us to a game about cast magic in carefully simulated duels. The developer explains: "Players must gather spell components from the mountain peaks, forge power medicines and magics, and then use those magics in real-time, arena-style spell duels in order to cure an ancient race of heroes who have been damned for eternity." With 100 different spells you can make, and an intricate spell-casting system, it looks really rather interesting. There are a couple of videos explaining it all, below.
High Iron Studios would like a mere $27k on Kickstarter to make this happen. Sounds like a fairly reasonable ask to me. But then I am an optimist.