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Ragnarok Labyrinth NFT will be Re-opened in Southeast Asia on April 27, 2022

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Seoul, April 15, 2022 (GLOBE NEWSWIRE) -- GRAVITY Co., Ltd. (NasdaqGM: GRVY) (“Gravity” or “Company”), a developer and publisher of online and mobile games, today announced that its subsidiary in Indonesia, PT Gravity Game Link (“GGL”), will re-open Ragnarok Labyrinth NFT on April 27, 2022 after improving, which was initially launched in Southeast Asia on April 13.

Ragnarok Labyrinth NFT applies P2E system to The Labyrinth of Ragnarok, a mobile Time Effective MMOPRG game, and the game is the first NFT title using Ragnarok IP which has high recognition in global including Southeast Asia.

The number of pre-registered accounts has surpassed 1 million in 22 days since March 17, 2022 and more than 1.1 million accounts have been signed up in total. After launching in Southeast Asia on April 13, a large number of users from all over the world entered into the game at once in addition to Southeast Asia caused the login delay.

GGL increased the number of servers immediately to handle this issue, and plans to re-open the game on April 27, 2022 after improving systems such as servers and game access system, etc. The re-opened version of Ragnarok Labyrinth NFT can be pre-installed in Google Play Store and Apple App Store in Southeast Asia.

The additional re-open compensation will be presented as well as the pre-registration reward, and various in-game items will also be provided to return great attention from users.

[Ragnarok Labyrinth NFT_Official Website] https://labyrinthnft.gnjoy.id/en


About GRAVITY Co., Ltd. ---------------------------------------------------

Gravity is a developer and publisher of online and mobile games. Gravity’s principal product, Ragnarok Online, is a popular online game in many markets, including Japan and Taiwan, and is currently commercially offered in 91 markets and countries. For more information about Gravity, please visit http://www.gravity.co.kr.

Contact:

Mr. Heung Gon Kim
Chief Financial Officer
Gravity Co., Ltd.
Email: kheung@gravity.co.kr

Ms. Jin Lee
Ms. Hyeji An
IR Unit
Gravity Co., Ltd.
Email: ir@gravity.co.kr
Telephone: +82-2-2132-7800


GRAVITY Co., Ltd.

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About GRVY

is a leading game developing, servicing and publishing company with broad experiences in worldwide network cooperation' systems. big 3 title - ragnarok , ragnarok ii, requiem online game development business gravity successfully developed the world renowned mmorpg title. ragnarok online, which appeals to the widest range of gaming groups in the world. gravity is now focused on devel- oping and servicing competitive games with various genres and unique features such as ragnarok online ii, requiem online and pucca racing. game publishing business gravity is implementing a wide variety of one source multi use strategy which is based on high quality global contents and character related with gravity games that seeks to expand the current business into publishing, music, merchandising, animation, also we expand our business to worldwide. mobile business in the process of developing new mobile technologies by first producing mobile game based on ragnarok online. gravity currently offers rpg.