What Metaspace does

Metaspace (operating as Metaspacechain) is a private Web3 gaming company founded in 2021 and headquartered in Dubai, UAE, with an engineering and operational presence in Noida, India. The company operates through two group entities — Metaspace Labs Information Technology L.L.C in the UAE (RAK-DAO licensed) and Metaspace Technologies Private Limited in India — and is led by Founder and CEO Mo Akram with a small named team of approximately 10+ functional leads across product, blockchain, game development, marketing, and events.

The company's core product is a free-to-play, space-themed Web3 RPG mobile game available on Google Play and Apple App Store, with a VR edition in private beta and PC version planned. Players progress through Story Mode and Arena Mode (PvP up to 8 players) and earn the $LORD token by converting in-game XP via a "Claim LORD" mechanic; $LORD is swappable to $USDT. A second token, $MLD, functions as the governance and asset-purchase token. All in-game characters, weapons, gear, and vehicles are NFTs that players own and can trade on Metaspace's decentralized marketplace (marketplace.metaspacechain.com) or stake for passive rewards. A BEC (Battle Esports Championship) tournament circuit and a 75K+ member "Metanoids" community program support acquisition and retention.

Metaspace's business model is freemium with multiple revenue streams: in-app purchases on mobile storefronts, NFT marketplace transaction activity in $LORD and $MLD, NFT and token staking (staking went live in 2026), and planned centralized exchange token listings in 2027. The company is venture-backed by a single disclosed $5M investment from LBank Labs in March 2022 and has not announced any subsequent funding rounds. It has reported 250K+ mobile downloads on its homepage and 100K+ on Google Play, with a 3.4-star rating across 670 reviews. The customer base is consumer (Web3-native mobile gamers, competitive PvP/esports players, NFT collectors, and college students reached through MetaSpace Academy), with no enterprise or B2B customers disclosed.

Name

Metaspace

Legal name

Metaspace Labs Information Technology L.L.C

Website

https://metaspacechain.com

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

11–50 employees

Short description

Metaspace (Metaspacechain) is a RAK-DAO-licensed Web3 gaming company building a free-to-play space-themed RPG mobile game with NFT asset ownership, a dual-token economy ($LORD and $MLD), a decentralized NFT marketplace, and an eSports tournament circuit, serving crypto-native gamers, competitive players, and NFT collectors globally.

Ownership category

akta.pro rank

Product category

Web3 Mobile Gaming

NAICS

Amusement and Theme Parks (713110)

SIC

Services-Miscellaneous Amusement & Recreation (7990)

akta.pro primary industry

GameFi Economies & Token Systems (tokens, staking, sinks/sources, inflation control) (FSAPAGAG)

akta.pro secondary industries

In-Game Asset Standards & Infrastructure (NFT items, marketplaces, royalties, asset registries) (FSAPAGAE), Play-to-Earn & Reward Platforms (questing, loyalty, airdrop mechanics) (FSAPAGAH), Metaverse Virtual World Platforms (social worlds, land, UGC) (FSAPAGAD)

Keywords

• Web3 RPG gaming
• NFT marketplace
• Play-to-earn gaming
• Blockchain mobile game
• Decentralized metaverse

Headquarters

HQ city

Noida

HQ country

India

HQ region

Asia

Offices3 records

Markets served

GTM type

B2C

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Operations

Revenue model

1. In-app purchases: Free-to-play mobile game on Google Play and Apple App Store with in-app purchases and "Cash Rewards" element — generates revenue from players buying virtual items within the game.
2. NFT marketplace transactions: Decentralized marketplace at marketplace.metaspacechain.com where players buy, sell, and trade NFT characters, weapons, gear, and vehicles in $LORD and $MLD tokens.
3. NFT and token staking: Players can stake NFTs and (once live) $MLD tokens to earn passive rewards — generating revenue from staking fees/penalties and token emission mechanics.
4. Token listing and trading (CEX): Roadmap plans $LORD and $MLD listing on centralized exchanges (CEXs) in 2027, creating liquidity and trading-based revenue.
5. Governance and utility token ($MLD): $MLD serves as the governance token and is used to buy in-game assets; token sales and airdrops ($MLD Airdrop Campaign Season 1 in 2026; $MLD Mega Airdrop Season 2 in 2027) form a token-based revenue/marketing stream.

Pricing tiers

Go-to-market motion4 records

Distribution channels5 records

Marketing channels13 records

Core offering

Metaspace operates a free-to-play Web3 RPG mobile game in which players explore a space-themed open world (Story Mode and Arena Mode PvP up to 8 players), earn the $LORD token through in-game activities, and trade in-game characters, weapons, gear, and vehicles as NFTs on a decentralized marketplace. The ecosystem is powered by the $MLD governance token used to purchase in-game assets and is accessible on Android, iOS, and a VR edition in private beta.

Product overview

MetaSpace offers a unified Web3 gaming platform centered on a mobile RPG core product (the MetaSpace Mobile Game) that extends into a broader ecosystem of interconnected offerings. The core mobile game — set in the Genesis open world with Story Mode and Arena Mode gameplay — feeds into the MetaSpace Marketplace, where players trade and stake in-game NFTs. The economy is powered by the $LORD earnings token (swappable to $USDT) and the $MLD governance token, while community growth is supported by the MetaSpace Academy educational initiative and the BEC eSports competitive program. Future platform extensions include a VR version (V3) and a PC version (V4), positioning MetaSpace as a single product that is evolving into a multi-platform, multi-module Web3 gaming ecosystem.

Differentiator

Problem solved

Functional benefit

Products and services

• MetaSpace Mobile Game Free-to-play Web3 RPG mobile game available on Android and iOS (with a VR edition in private beta) in which players explore a space-themed open world through Story Mode missions and Arena Mode PvP battles (up to 8 players), and earn $LORD tokens by converting in-game XP via "Claim LORD." All in-game characters, weapons, gear, and ships are NFTs that players fully own.
• MetaSpace NFT Marketplace Decentralized NFT marketplace at marketplace.metaspacechain.com where players buy, sell, and trade NFT characters, weapons, gear, and vehicles using $LORD and $MLD tokens, with NFT and $MLD staking available once live.
• $LORD Token The primary in-game earnings token of the MetaSpace ecosystem, awarded to players for in-game activities (XP converted to $LORD via "Claim LORD") and swappable to $USDT. Functions as the play-to-earn token circulating in the MetaSpace marketplace.
• $MLD Token The governance and asset-purchase token of the MetaSpace platform, used to buy in-game assets and to participate in governance. Token holders can stake $MLD to earn passive rewards once staking goes live.

Quantifiable outcome

• 75K+ community members in the Metanoids program
• +3 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature5 records

Partnerships

Six partnerships are on record, tiered core — provides regulatory legitimacy in the uae., core — primary events and community-acquisition vehicle., core — authentication and analytics infrastructure., core — traffic optimization and security layer., core — primary ios distribution channel. and core — primary android distribution channel with 100k+ downloads..

• RAK-DAO (Ras Al Khaimah Digital Assets Oasis)core — provides regulatory legitimacy in the uae.OthersMetaSpace is described on its homepage as a "RAK-DAO licensed metaverse war game." RAK-DAO is the UAE's digital assets free zone, and the license allows MetaSpace Labs Information Technology L.L.C to operate its blockchain/Web3 gaming business from the UAE under a recognized regulatory framework.
• BEC (Battle Esports Championship)core — primary events and community-acquisition vehicle.GTM or Marketing PartnerBEC is MetaSpace's eSports tournament circuit, activated in 2025 and continuing in 2026 and 2027 across multiple Indian cities (Delhi NCR, Rajasthan, Bangalore) with an international edition planned in Dubai. The events are used for mystery-box hunts, community building, and onboarding 10K+ eSports athletes.
• Google (Google OAuth / Google Tag Manager)core — authentication and analytics infrastructure.Technology or IntegrationMetaSpace integrates Google OAuth for user registration and authentication, and Google Tag Manager (Google LLC) for tag management. The Privacy Policy lists Google LLC as a data processor for these services, with data processed in the United States.
• Cloudflare (Cloudflare Inc.)core — traffic optimization and security layer.Technology or IntegrationCloudflare is used by MetaSpace for traffic optimization and distribution. The Privacy Policy identifies Cloudflare Inc. as a data processor collecting cookies and usage data, with data processed in the United States.
• Apple (App Store)core — primary ios distribution channel.Channel Partner/ Reseller/ DistributorMetaSpace distributes its mobile game on Apple's App Store (App Store badge prominently displayed on the homepage as a download option). Apple acts as the storefront and payment processor for in-app purchases on iOS.
• Google (Google Play Store)core — primary android distribution channel with 100k+ downloads.Channel Partner/ Reseller/ DistributorMetaSpace Game - Beta Version is published on the Google Play Store under developer "Metaspacechain" / METASPACE TECHNOLOGIES PRIVATE LIMITED. Google Play handles distribution and in-app purchase billing for Android users.

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Splinterlands: Play-to-earn Web3 card-battle game with NFT cards, a dual-token economy (SPS, DEC), and an active marketplace. Comparable on play-to-earn mechanics, NFT marketplace, and staking rewards, though focused on card battles rather than space RPGs.
• Star Atlas: Space-themed Web3 MMORPG with dual-token economy (ATLAS, POLIS), true NFT ownership of ships and crews, and play-to-earn mechanics. Closest category peer to MetaSpace — both target sci-fi RPG fans with on-chain asset ownership, though Star Atlas is PC-focused and further along in 3D development.
• My Neighbor Alice: Multiplayer Web3 builder-adventure game with NFT land ownership, ALICE token economy, and a marketplace. Comparable to MetaSpace as a community-focused Web3 game emphasizing asset ownership and player-driven economy.
• The Sandbox: Decentralized metaverse with user-owned LAND and ASSET NFTs, a governance/utility token (SAND), and a marketplace for trading in-game items. Comparable to MetaSpace on the NFT-ownership and marketplace dimensions of the Web3 gaming stack.
• Decentraland: Pioneer decentralized 3D metaverse where users own LAND NFTs, socialize, play games, and monetize experiences via the MANA token. Closely matches MetaSpace's stated positioning as a 'decentralized 3D metaverse' with digital-asset ownership.
• Axie Infinity (Sky Mavis): Pioneer play-to-earn Web3 RPG with NFT creatures (Axies) and a dual-token economy (AXS, SLP). Most-cited reference point for the play-to-earn RPG model MetaSpace is emulating, including NFT staking, governance token, and marketplace mechanics.
• Illuvium: Open-world Web3 RPG with auto-battler mechanics, NFT creatures (Illuvials), and an ILV governance/utility token with staking. Direct competitor in the 'AAA-quality Web3 RPG' category MetaSpace is positioning toward with its V2/V3 roadmap.
• Big Time Studios: Multiplayer action RPG featuring NFT-based cosmetic items, playable across PC and mobile, with a token economy and a marketplace for tradable assets. Comparable to MetaSpace on the multi-version RPG + NFT marketplace combination.

Broad incumbents

• Roblox: Massive user-generated gaming/metaverse platform with avatar customization, social experiences, and a creator economy. Represents the mainstream incumbent MetaSpace aspires to compete with on the metaverse and digital-ownership axes, though Roblox does not use blockchain or NFTs.

Emerging players

• Gala Games: Web3 gaming platform and publisher operating multiple game titles with NFT assets and a GALA token economy. Overlaps with MetaSpace on the multi-game, NFT-asset, and tokenomic dimensions, though Gala is broader and less RPG-focused.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/metaspace_verse
• YouTubeyoutube.com/@metaspace_verse
• Facebookfacebook.com/metaspace.metaverse
• LinkedInlinkedin.com/company/metaspace-metaverse
• Instagraminstagram.com/metaspace_verse

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Metaspace