Mahjong Meta

What Mahjong Meta does

Mahjong Meta is a Tokyo-headquartered Web3 gaming company founded in 2022 that operates a competitive mahjong esports platform with on-chain gaming mechanics. The company's flagship product is a multiplayer mahjong esports experience that the company reports served over 200,000 users during its testing phase. In August 2024, the company rebranded to Mahjong Verse, repositioning from a single-game platform to a multi-game Web3 gaming ecosystem.

The underlying technology is a multi-chain blockchain gaming platform supporting Solana, Ethereum, and Ton networks, enabling cross-chain asset interoperability and access to distinct crypto-native user communities. The Mahjong Verse portfolio currently consists of five games, with publicly stated plans to introduce additional Mahjong and MM-themed titles into an interconnected economy. The platform's go-to-market motion is product-led and self-serve, targeting crypto-native gamers, traditional mahjong enthusiasts, and multi-chain Web3 users through community channels and blockchain ecosystem partnerships rather than traditional sales infrastructure.

The business model is transaction-fee based, derived from on-chain gaming economy activities including tournament participation, in-game asset transactions, and token/NFT economics across the multi-game ecosystem. The company has not publicly disclosed pricing, paid user conversion rates, or revenue figures. Mahjong Meta raised $12 million in August 2023 in a round led by Dragonfly and Folius Ventures, with participation from Emoote, Find Satoshi Lab, Meteorite Labs, and Parallel Ventures. Management team, headcount, and ownership structure are not disclosed in available sources.

Name

Mahjong Meta

Website

https://mjmeta.io

Company type

Private

Founded year

2022

Operating status

Operating

Short description

Mahjong Meta is a Tokyo-based Web3 gaming company operating Mahjong Verse, a multi-chain competitive mahjong esports and multi-game ecosystem supporting Solana, Ethereum, and Ton for crypto-native gamers and mahjong enthusiasts.

Ownership category

akta.pro rank

Product category

Blockchain Gaming

NAICS

Doll, Toy, and Game Manufacturing (33993)

SIC

Games, Toys & Children's Vehicles (No Dolls & Bicycles) (3944)

akta.pro primary industry

Blockchain Game Studios & Game Development (FSAPAGAC)

akta.pro secondary industries

GameFi Economies & Token Systems (tokens, staking, sinks/sources, inflation control) (FSAPAGAG), Play-to-Earn & Reward Platforms (questing, loyalty, airdrop mechanics) (FSAPAGAH), Metaverse Virtual World Platforms (social worlds, land, UGC) (FSAPAGAD), In-Game Asset Standards & Infrastructure (NFT items, marketplaces, royalties, asset registries) (FSAPAGAE)

Keywords

• Web3 gaming platform
• Blockchain mahjong esports
• On-chain gaming
• Multi-chain game ecosystem
• Crypto gaming economy

Headquarters

HQ city

Tokyo

HQ country

Japan

HQ region

Asia

Markets served

GTM type

B2C

Offering type

Digital Commerce or Content

Cost components

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

Revenue model

1. Web3 Gaming Economy: Platform generates revenue through on-chain gaming mechanics including in-game asset transactions, token economics, and potentially NFT sales within the mahjong and MM-themed game ecosystem. The multi-game expansion from single-game model to interconnected ecosystem suggests monetization through cross-game asset utilization and transaction fees.
2. Gaming Platform Transactions: Revenue derived from gameplay-related transactions on the platform, including entry fees, tournament participation, and other gaming economy activities within the competitive mahjong ecosystem.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels2 records

Core offering

Mahjong Meta operates a Web3 competitive mahjong esports platform that enables on-chain gameplay, in-game asset ownership, and token-based economies. The platform has evolved into Mahjong Verse, a multi-game Web3 gaming theme park brand hosting multiple Mahjong and MM-themed games and supporting interoperability across Solana, Ethereum, and Ton blockchain networks.

Product overview

Mahjong Meta operates as a competitive Mahjong esports platform that has evolved into Mahjong Verse, a multi-game Web3 gaming theme park brand. The platform supports multiple blockchain networks including Solana, Ethereum, and Ton. The portfolio consists of the flagship Mahjong Meta esports platform alongside planned additional Mahjong and MM-themed games within an interconnected multi-game ecosystem.

Differentiator

Problem solved

Functional benefit

Products and services

• Mahjong Meta Esports Platform
• Mahjong Verse

Quantifiable outcome

• 200,000+ users during testing phase demonstrates strong initial traction and market validation

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Three partnerships are on record, tiered core.

• SolanacoreTechnology or Integration · 23 August 2024Mahjong Verse supports Solana blockchain network as one of its core supported chains, enabling Solana-based users to access the Web3 gaming ecosystem and participate in mahjong esports and multi-game experiences.
• EthereumcoreTechnology or Integration · 23 August 2024Mahjong Verse supports Ethereum blockchain network as one of its core supported chains, enabling Ethereum-based users and assets to participate in the Web3 gaming ecosystem.
• Ton (Telegram Open Network)coreTechnology or Integration · 23 August 2024Mahjong Verse supports Ton blockchain network, providing integration with the Telegram ecosystem and enabling broader Web3 gaming accessibility across the Ton network.

Scale indicators3 records

Recent moves4 records

Expansion highlights5 records

Direct peers

• Axie Infinity (Sky Mavis): Sky Mavis operates Axie Infinity, the most prominent Web3 play-to-earn gaming platform. Directly comparable as a blockchain-native game ecosystem with on-chain economies, asset ownership, and community-driven play.
• The Sandbox: The Sandbox is a Web3 virtual world / gaming platform with NFTs, asset ownership, and a creator economy. Highly comparable as a multi-game, multi-asset Web3 gaming ecosystem.
• Decentraland: Decentraland is a Web3 metaverse platform with on-chain land, assets, and gaming experiences. Comparable as a multi-experience virtual world platform with token-driven economics.
• Gala Games: Gala Games operates a multi-game Web3 gaming platform with multiple titles under one ecosystem. Closely comparable to Mahjong Verse's multi-game thesis and on-chain asset model.
• Pixels: Pixels is a Web3 gaming platform that migrated to multiple chains and operates a multi-game ecosystem. Comparable for its multi-chain strategy and on-chain gaming economy.
• Big Time Studios: Big Time Studios runs a Web3 multiplayer action RPG with NFT-based assets. Comparable as a Web3-native competitive gaming platform with on-chain economic activity.
• Wemade / WEMIX Play: Wemade's WEMIX Play is a major blockchain gaming platform with multiple titles and a strong Asian player base. Highly comparable to Mahjong Meta's Asian-market Web3 gaming focus and multi-game ecosystem.

Broad incumbents

• Immutable: Immutable is a leading Web3 gaming infrastructure platform (Layer-2 and tooling) rather than a single game. Comparable as ecosystem infrastructure and adjacent player in the Web3 gaming stack.
• Polygon (gaming vertical): Polygon is a major L2/Ethereum-scaling ecosystem whose gaming vertical hosts many Web3 games. Comparable as a multi-chain enabling infrastructure layer for blockchain games like Mahjong Meta.

Emerging players

• GameFi.com / Find Satoshi Lab: GameFi.com is an aggregator and GameFi project hub and is connected to investor Find Satoshi Lab, which backed Mahjong Meta's seed. Comparable as a multi-game Web3 gaming platform with cross-chain ambition.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks4 records

Key highlights5 records

Customer concentration

• Xx.com/0xMJM

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds1 record

Investors6 records

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 Mahjong Meta