Gravity Co., Ltd. has opened a closed beta for its blockchain‑based title Ragnarok Online Landverse America, running from November 20 to November 26, 2025. The beta is licensed through Maxion Tech and is the first opportunity for players in Latin America and North America to experience the game’s Web3 features, including a player‑owned item economy and NFT integration. Pre‑registration and pre‑sale events are already open from November 13 to December 10, with the official launch slated for December 11.
The launch represents a strategic pivot for Gravity, which has been exploring Web3 integrations for its Ragnarok IP. By partnering with Maxion Tech, a specialist in blockchain gaming, Gravity aims to tap into new revenue streams and deepen player engagement through decentralized economies. The focus on the Americas reflects the company’s intent to broaden its global footprint in the rapidly growing Web3 gaming market.
Gravity’s recent financial performance provides context for the beta’s significance. In the third quarter of 2025, the company reported revenue of KRW 138,894 million (US$98.9 million), a 18.7% decline from the prior quarter but an 8.2% increase year‑over‑year. Operating profit reached KRW 21,276 million (US$14.1 million), up 50% QoQ but down 11.2% YoY. Mobile revenue fell QoQ, while online revenue rose due to new Ragnarok launches, illustrating the mixed impact of the company’s diversified portfolio.
The beta is part of a broader Web3 strategy that has already yielded results. Ragnarok Landverse: Genesis, launched in March 2025, generated over $20 million in revenue, and earlier projects such as Ragnarok Labyrinth NFT and Ragnarok: Monster World have established a foundation in blockchain gaming. By testing core systems, balance, and server performance during the beta, Gravity seeks to ensure a smooth transition to the full launch and to validate the player‑owned economy model before scaling to a wider audience.
No significant market reaction has been reported following the announcement, indicating that investors are focusing on Gravity’s underlying financials rather than the beta launch itself. The company’s recent earnings and strategic direction suggest that the beta is a key milestone in its ongoing expansion into Web3 gaming.
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