Equity Analysis /

YGGDRAZIL Group PCL: “MVP” to be displayed above YGG’s head in 2023

  • Grandora at a glance

  • YGG is riding a new powerful mount…

  • …to be an MVP in 2023

Napon Jaisan
Napon Jaisan

Equity Research Analyst

Bualuang Securities
5 October 2022

In the game Ragnarok, the player who kills the MVP boss will have an "MVP" firework displayed above his/her head. YGG deserves this title thanks to its explosive growth in 2023, despite the risk of global recession. It won’t be the sole survivor but the rising star within the darkness.

Grandora at a glance

YGG will launch the Grandora event 1 (an epic social gaming platform/ a cross-platform PC/Android/iOS game) in 4Q22. Grandora combines the social gaming platforms (Roblox, Sandbox, Decentraland) and high graphics games (Genshin Impact or The Legend of Zelda Breath of the Wild). Grandora and other social gaming platforms have a similar future-proof concept: to create a game world without barriers and limits, taking it to a whole new level—a metaverse-based one. Grandora is a completely open virtual world in which users are asked to interact with each other as in a parallel life, socializing and taking part in the activities and economy of a virtual city.