Arena of Sagas

Because of the immense success of Epic Saga, the publisher, Gamecom created a spinoff fighter containing characters of the series.

Here they are right here:

Characters

 * Beecanoe
 * Ouroburos
 * SaurianJared (alternate costume for Ouroburos)
 * Genius Guy #445
 * Galactic Petey
 * Mr. Bones
 * Dry Paratroopa
 * Turbo the Mole
 * Dark Guy
 * Overlord Apocalypse
 * Sultan Penumbra
 * Emporer Shiroan
 * Belphegor
 * Roid
 * Mario
 * Sonic
 * Megaman
 * Cloud
 * Link
 * Kirby
 * Goku
 * Pit
 * Dry Bowser
 * Bowser
 * Geno
 * General Kurt
 * Mewtwo
 * Mew
 * Arceus
 * Rotom
 * Shadow the Hedgehog
 * Mecha Sonic
 * Bass
 * Frieza
 * Metaknight
 * Vaati
 * Medusa
 * Sephiroth
 * Dimentio
 * Vegeta
 * Luigi
 * Sheik
 * Knuckles the Echidna
 * Prince Fluff
 * Zero
 * Black Mage
 * Paulutena
 * Lucario
 * Gallade
 * Scizor
 * Zoroark
 * Fawful
 * Achilles
 * Silver the Hedgehog
 * Trevor Belmont
 * Jason & Sophia the III
 * X
 * Sigma
 * Vincent Valentine
 * Cait Sith
 * Morrigan Aensland
 * Demitri Maximoff
 * Jedah Dohma
 * Axl
 * Sol Badguy
 * Ky Kiske
 * Ragna the Bloodedge
 * Yoshi
 * Dr. Wily
 * Chaos
 * Master Chief
 * Zelda
 * Ichigo Kurosaki
 * Rukia Kuchiki
 * Ryu
 * Ken Masters
 * Dante
 * Trish
 * Nero
 * Vergil
 * Jin Kazama
 * Kazuya Mishima
 * Simon Belmont
 * Richter Belmont
 * Marth
 * Ike
 * Roy
 * Princess Elincia
 * Chun-Li
 * Chris Redfield
 * Sasuke Uchiha
 * Naruto Uzumaki
 * Kakashi Hatake
 * Madara Uchiha
 * Itachi Uchiha
 * Gaara
 * Mephiles
 * Solaris
 * Devil Kazuya
 * Devil Jin
 * Rachel Alucard
 * Baby Mario
 * Baby Luigi
 * Donkey Kong
 * Diddy Kong
 * Mighty the Armadillo
 * Tails Doll
 * Eggman Nega
 * Espio the Chameleon
 * Vector the Crocodile
 * Ray the Flying Squirrel
 * Charmy Bee
 * Dark Chao
 * Yacker
 * Ganondorf
 * Pikachu
 * Hitmonchan
 * Suicune
 * Giratina
 * Blastoise
 * Charizard
 * Venusaur
 * Dracula
 * Samus
 * Bill Rizer
 * Dracula
 * Virus
 * Solid Snake
 * Scourge the Hedgehog
 * Cut Man
 * Fawful
 * Wart
 * Yoshi
 * Donkey Kong
 * Nazo
 * Deathbane
 * Doombot 4000
 * Genesect
 * Reshiram
 * Kyurem

Arenas
Since Ouroburos added a few characters I don't know about, it'll be his job to give them their own home stage. Just a note. The order the characters are in goes hand-in-hand with the order the stages are in. Each character has their own home stage.
 * Tower of Corruption
 * Saurian Fortress
 * Ruins of Sauria
 * Shy Guy's Toy Box
 * Minus World
 * Bones Castle
 * Evil Castle of Death
 * Devil Island
 * The Underground
 * Doomsday Domain
 * Sanctum Pit
 * Judgment World
 * Camp of Demons
 * Star Road
 * Peach's Castle
 * Green Hill Zone
 * Light Labs
 * Crystal Cave
 * Kokiri Forest
 * Green Greens
 * Planet Namek
 * Paulutena's Shrine
 * Dry Bowser Castle
 * Bowser Castle
 * Star Hill
 * The Pentagon
 * Cerulean Cave
 * Faraway Island
 * Hall of Origin
 * Old Chateau
 * Westopolis
 * Death Egg
 * Wily Castle
 * Planet Frieza
 * Battleship Halberd