What Ertha does

Ertha is a privately held, Lithuania-based metaverse gaming company headquartered in Kaunas, founded in 2016. Its single core product, the Ertha Metaverse, is a real-world-style simulation in which players obtain jobs, create states, and build industries inside a blockchain-mediated virtual world.

The product is built on the Binance Smart Chain, with digital asset ownership, NFT-driven virtual land, and a tokenized in-game economy forming the underlying technical architecture. Source data identifies exactly one product line and one core technology-integration partnership (BSC), with no disclosed SDKs, APIs, or AI/ML components. The company operates without publicly disclosed pricing or revenue mechanics.

Ertha raised approximately $5.4M in a seed round dated December 28, 2021, from a syndicate of 12 crypto-focused investors (AU21 Capital, Dialectic, GD10 Ventures, Genblock Capital, LD Capital, Momentum 6, OKX Ventures, Polygon US, Shima Capital, Terranova, X21 Digital, Zen Capital Partners), following an earlier strategic round dated October 15, 2021. The team comprises 11–50 employees led by CEO & Game Master Linas Kiguolis, CTO Aidas Berūkštis, COO Ernestas Jankauskas, and CMO Mantas Vaskella. The horizontal customer segment is identified as "Metaverse Users and Investors," with no enterprise customers, logos, or pricing information disclosed.

Name

Ertha

Website

https://ertha.io

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

11–50 employees

Short description

Ertha is a Lithuania-based metaverse gaming company whose single core product is a real-world-style virtual simulation built on Binance Smart Chain, enabling players to obtain jobs, create states, build industries, and hold digital assets.

Ownership category

akta.pro rank

Headquarters

HQ city

Kaunas

HQ country

Lithuania

HQ region

Europe

Markets served

GTM type

B2C

Offering type

Software

Cost components

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

Core offering

Ertha is a metaverse game built on the Binance Smart Chain blockchain that simulates a real-world environment where players can take in-game jobs, create states, and build industries. The product delivers a virtual world experience with blockchain-based digital asset ownership, positioning itself within the play-to-earn and blockchain gaming segment.

Product overview

Ertha offers a single unified metaverse product built on the Binance Smart Chain blockchain. The product enables users to participate in virtual world experiences with digital asset ownership capabilities.

Differentiator

Problem solved

Functional benefit

Products and services

• Ertha Metaverse

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• Binance Smart ChaincoreTechnology or IntegrationErtha's metaverse project is built on the Binance Smart Chain blockchain platform. This infrastructure partnership provides the underlying blockchain technology for the metaverse functionality.

Scale indicators1 record

Recent moves5 records

Expansion highlights3 records

Broad incumbents

• Axie Infinity (Sky Mavis): Axie Infinity is the most established play-and-earn blockchain game with its own virtual world, tokenized assets, and a very large user base. It is a broader incumbent that competes for the same Web3 gaming budget, talent, and player attention as Ertha.

Direct peers

• My Neighbor Alice: My Neighbor Alice is a multiplayer blockchain game with virtual land ownership, farming, and social gameplay built on Chromia. It overlaps Ertha on accessible metaverse gameplay, land NFTs, and a more casual user demographic.
• Decentraland: Decentraland operates a blockchain-based virtual world where users buy land, build experiences, and trade NFT assets. It is the closest direct comparable to Ertha in terms of metaverse virtual world mechanics, target audience, and on-chain land/asset economy.
• The Sandbox: The Sandbox is a user-generated blockchain virtual world with LAND NFTs, an in-game asset marketplace, and a creator-focused economy. It directly overlaps Ertha on virtual land ownership, NFT-driven gameplay, and metaverse-as-a-platform positioning.
• Bloktopia: Bloktopia is a BSC-built virtual skyscraper metaverse where users purchase land parcels and access crypto education, gaming, and advertising. It shares Ertha's BSC-native architecture, target audience, and land-based monetization model.
• Otherside (Yuga Labs): Otherside is a Yuga Labs-backed interoperable metaverse built around NFT land and a large existing NFT user base (Bored Apes). It competes with Ertha for the same crypto-native virtual-world audience and brand/creator partnerships.
• Upland (Uplandme): Upland maps a blockchain economy onto real-world geography, letting users buy, sell, and build virtual property tied to actual addresses. It mirrors Ertha's real-world simulation angle and digital-asset ownership model.

Emerging players

• Wilder World: Wilder World is a photorealistic, user-built metaverse with NFT land and assets, focused on premium creator experiences. It competes with Ertha at the higher-end of the metaverse land market.
• Star Atlas: Star Atlas is a Solana-based blockchain MMO with land, ships, and an in-game economy. It shares Ertha's on-chain economy and large-scale virtual-world ambitions, though in a different genre.

Others

• Polkadot / Polkaverse (Polkamarkets adjacent): Polkaverse is a Polkadot-based metaverse/social platform with NFT land and asset features. It is comparable to Ertha as an adjacent Web3 virtual-world platform that expands the competitive set beyond BSC.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Customer concentration

• LinkedInlinkedin.com/company/erthium

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds2 records

Investors13 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 Ertha