Recent developments in the Ragnarok Online series include the introduction of The Ragnarok, a new cross-platform game that has recently opened pre-registration in Southeast Asia. Previously known as Ragnarok Novice Hearts, The Ragnarok will be available on both PC and mobile devices. The game is notable for its decision to revert to the original aesthetic of Ragnarok Online rather than adopting modern anime graphics. The pre-registration website features an interactive avatar and lists various rewards for participants.
In addition to The Ragnarok, Gravity's recent Q2 2024 investor presentation provided an overview of several other upcoming Ragnarok titles. These include Ragnarok Rebirth, which has recently been launched, Ragnarok in Wonderland, set to release in Korea in 2024, and Ragnarok Monsterworld, an RTS NFT game targeted at the Thai market. Another entry, Ragnarok Dawn, is expected to complete development by 2025. Gravity's presentation indicates a continued focus on expanding the Ragnarok Online franchise across different genres and platforms.
The significant number of new Ragnarok titles raises questions about market saturation, especially considering Gravity's reported revenue breakdown. According to their figures, 85% of their revenue comes from mobile players, with 54% originating from Southeast Asia. This data suggests that the region plays a crucial role in the financial success of Ragnarok Online games. As the series continues to expand, it will be important to monitor how these new releases impact both player engagement and market dynamics.