1958-nine year old Danny Rand is taken in by the warrior monks of K'un-L'un after his family perishes in a mountain climbing 'accident' while touring the Himalayas. In actuality, they die at the hands of Wendell's business partner, Harold Meachum. Danny is adopted into the house of Kai by Lord Nu'an, the Yu-ti, leader of K'un-L'un.

1959-Ten-Year-Old Danny Rand convinces Lei Kung the Thunderer to begin training him in martial arts.

1968-The pathway to and from K'un-L'un aligns with the mortal realm once again. Danny Rand-K'ai gains the power of the Iron Fist by defeating Shou-Lao the Undying, but leaves K'un-L'un in order to pursue vengeance against Harold Meachum.

K'un-Lun-Daniel Rand-Kai's adopted home, K'un-Lun is an ancient and mythical city whose dimension only overlaps with Earth once every ten years. While legendary for its' martial arts among those who know of its' existence, K'un-Lun is also a place of great mystical and occult importance as it is in truth one of the Seven Cities of Heaven, seven locations that form a nexus for all the world's chi and serve as a mirror to the world itself, collectively known as the Heart of Heaven. K'un-Lun is a place of magic and wonders in many ways. A tree whose fruit grants everlasting life, Immortal Sorcerer-Kings, dragons both great and small and ancient technologies and arcane artifacts lost to mankind for ages are all things residents of K'un-Lun hardly spare a second glance at. However in many other respects K'un-Lun is much like ancient China, especially for the common folks who are not immortal but live much as their ancestors have for untold centuries.

H'ylthri Jungles-When K'un-Lun is not connected to the mortal world, it is often surrounded by dense and wild jungles more vibrant and ravenous than any known on Earth. Apart from numerous strange plants and creatures the primary inhabitants of these jungles are the H'ylthri, a race of sentient plants that are uniformly powerfully telepathic and also capable of creating clones of other sentient beings given enough time. The H'ylthri hate K'un-Lun with a passion and desire it and its' peoples to be swallowed up by the jungles. Danny once spent considerable time stranded in the H'ylthri Jungles due to an accident during his training and described it as the toughest environment he has ever experienced.

Rand Incorporated- a multinational conglomerate headquartered in New York and founded by Danny's father Wendell-Rand'Kai and his business partner Harold Meachum.

Allies

Lei-Kung the Thunderer-an Immortal of K'un-Lun and Danny's primary instructor in the martial arts, Lei-Kung trained not only Iron Fist but all the warriors of K'un-Lun past and present and is a martial artist, warrior and leader with thousands upon thousands of years of experience. He was also one of Danny's primary mentors and caretakers from the age of eight or nine until he was about nineteen and is one of the closest things Danny has to a father figure.

Yu-Ti the August Personage in Jade/Nu'An-another Immortal and the ruler of K'un-Lun. The current holder of the title Yu-Ti is Nu'An, a powerful sorcerer and mystic who also happens to be Danny's uncle. Nu'an allegedly rules K'un-Lun with benevolent wisdom along with the four Dragon Kings, but he has occasionally shown darker and more pragmatic tendencies though he maintains all that he does is for the good of both K'un-Lun and the mortal world.

Potential Enemies

Ward and Joy Meachum-Though Harold is dead, his children survive and believe Danny is his murderer. In addition to alerting the authorities, they've put a bounty on his head and hired teams of mercenaries to hunt for him.