Altermyth
Altermyth is a bootstrapped Indonesian game and application development studio founded in 2003, building games, AR/VR experiences, computer vision AI applications, and blockchain solutions for global consumer and partner clients.
- Company typePrivate
- Founded2003
- HeadquartersJakarta, Indonesia
- Headcount11–50
- GTM typeB2B and B2C
- OfferingSoftware
What Altermyth does
Altermyth is a privately held, founder-owned game and application development studio founded in 2003 and headquartered in South Jakarta, Indonesia. The company operates with 11-50 employees and is bootstrapped, with no external funding rounds, parent company, or acquisition activity disclosed. The studio targets consumer end users globally and reaches them through Facebook Games distribution and direct digital channels, with named products including the fantasy-themed game 'Altermyth Fantasy Forest.'
The company's product portfolio is organized around three technology verticals: (1) Graphics & Immersion, covering games plus augmented and virtual reality applications; (2) AI, focused on computer vision applied within the immersive experiences; and (3) Blockchain, spanning Ethereum and Hyperledger-based development. Altermyth generates revenue through two streams: game development and publishing (structured as one-time licensing) and custom application development services delivered to clients and partners (professional services). The technology stack supports 3D graphics, AR/VR, and blockchain integration, and the privacy policy indicates data collection from Facebook-integrated game users in compliance with Indonesian law.
Altermyth's go-to-market is product-led and low-overhead: the studio relies on direct email inquiries ([email protected]), a careers channel ([email protected]), and its website as the primary marketing surfaces, with no formal paid acquisition or documented partnerships. Pricing is not publicly disclosed. As of the most recent data, the public website is undergoing a revamp (copyright 2003-2019), the company is founder-controlled under Dien Wong, and there is no evidence of named enterprise customers, awards, patents, certifications, or regulatory actions in the available record.
Altermyth firmographics
Firmographics- Name
- Altermyth
- Legal name
- Altermyth
- Website
- https://altermyth.com
- Company type
- Private
- Founded year
- 2003
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Altermyth is a bootstrapped Indonesian game and application development studio founded in 2003, building games, AR/VR experiences, computer vision AI applications, and blockchain solutions for global consumer and partner clients.
- Ownership category
- akta.pro rank
Altermyth industry classification
Industry- Product category
- Game Development and Publishing
- NAICS
- Software Publishers (5132)
- SIC
- Services-Computer Programming Services (7371)
- akta.pro primary industry
- VR/AR/XR Game Studios (MPAFAAAE)
- akta.pro secondary industries
- XR/AR/VR/MR Development Frameworks & Toolchains (MPAFAFAF), Immersive/Interactive Animation (AR/VR/Real-Time) (MPAHACAN)
Keywords
Where Altermyth is headquartered
LocationHeadquarters
- HQ city
- Jakarta
- HQ country
- Indonesia
- HQ region
- Asia
Offices1 record
Markets served
Altermyth business model
Business model- GTM type
- B2B and B2C
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Game Development & Publishing: Develops and publishes games as a core revenue stream, distributing through Facebook Games and other platforms
- Application Development Services: Provides custom application development services to clients and partners, combining technical and artistic capabilities
Go-to-market motion1 record
Distribution channels2 records
Marketing channels2 records
Altermyth product offering
Product offeringCore offering
Altermyth develops and publishes games and applications, operating across three technology sectors: Graphics & Immersion (Games, AR, VR), AI (Computer Vision), and Blockchain (Ethereum, Hyperledger). The company distributes its own games through platforms such as Facebook Games and also provides custom application development services to clients and partners, combining technical engineering with an artistic, whimsical creative approach.
Product overview
Altermyth is a game development company founded in 2003 that operates as a single unified product portfolio centered on games and applications. Their offerings span three technology sectors: Graphics & Immersion (encompassing Games, AR, and VR products), AI (focusing on Computer Vision), and Blockchain (exploring Ethereum and Hyper Ledger). The company is currently revamping its website and maintains a visible product in 'Altermyth Fantasy Forest.'
Differentiator
Problem solved
Functional benefit
Products and services
- Games and Applications Portfolio Altermyth's core product portfolio spanning game development and application products across Graphics & Immersion (Games, AR, VR), AI Computer Vision, and Blockchain (Ethereum, Hyperledger). Targeted at consumers who play the games and at business clients/partners who contract custom application development.
- Altermyth Fantasy Forest
Companies that use Altermyth
Customer profileSegments1 record
Ideal customer profiles2 records
Altermyth technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability2 records
Feature3 records
Altermyth partnerships and signals
Strategic signalScale indicators2 records
Recent moves5 records
Expansion highlights6 records
Altermyth competitors and assessment
Company assessmentDirect peers
- Toge Productions: Indonesian game studio and publisher known for indie titles and co-development. Directly comparable as a Jakarta-based game developer with a similar focus on publishing and external development partnerships.
- Agate International: One of Indonesia's largest and most established game development studios, founded in 2009. Directly comparable as an Indonesian game developer serving both local and global clients, though significantly larger in headcount and game output than Altermyth.
- Touchten Games: Indonesian mobile and social game developer with games on Facebook and mobile platforms. Directly comparable given overlapping distribution on Facebook Games and a similar Indonesia-based, multi-platform development profile.
- Niji Games: Indonesia-based game development studio building mobile and online games for the local market. Comparable as a domestic peer pursuing similar casual/social game audiences in Indonesia.
- Own Games: Indonesian game studio developing mobile and social games for the Southeast Asian market. Comparable as a regional peer in the same Indonesia-based, social/mobile game development category.
Broad incumbents
- Virtuos: Global game development services and co-development powerhouse with major AR/VR and 3D art capabilities. Comparable as a broad incumbent offering overlapping AR/VR and game development services to enterprise clients, though at a much larger scale.
- Animoca Brands: Global leader in Web3 gaming and digital ownership, operating an ecosystem of blockchain game studios and virtual world platforms. Comparable as a broad incumbent in the blockchain gaming and AR/VR-adjacent space where Altermyth's blockchain work sits.
- Gumi Inc. Japan-based mobile and blockchain game developer/publisher with global operations. Comparable as an incumbent in mobile gaming that has also moved into blockchain gaming, a vertical Altermyth also targets.
Regional players
- Lemon Sky Studios: Malaysia-based co-development studio focused on 3D art, animation, and full game development. Comparable as a Southeast Asian game services studio with similar multi-platform development and co-development model, though operating from a different geography.
Others
- Unity Technologies: Provider of the dominant real-time 3D development platform used across games, AR/VR, and immersive applications. Comparable as an enabling infrastructure/ecosystem player whose tools underpin much of Altermyth's graphics, AR/VR, and XR development stack.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat2 records
Key risks6 records
Key highlights6 records
Customer concentration
Altermyth social profiles
Digital presenceAltermyth financial estimates
Financial estimateRevenue estimate
Valuation estimate
Altermyth leadership team
Management profileNumber of profiles
Profiles1 record
Altermyth funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Altermyth M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Altermyth
What does Altermyth do?
Altermyth develops and publishes games and applications, operating across three technology sectors: Graphics & Immersion (Games, AR, VR), AI (Computer Vision), and Blockchain (Ethereum, Hyperledger). The company distributes its own games through platforms such as Facebook Games and also provides custom application development services to clients and partners, combining technical engineering with an artistic, whimsical creative approach.
Is Altermyth a public or private company?
Altermyth is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Altermyth founded?
Altermyth was founded in 2003. It employs 11 to 50 people.
Where is Altermyth based?
Altermyth is headquartered in Jakarta, Indonesia, in the Asia region.
How does Altermyth make money?
Two revenue lines are on record. Game Development & Publishing is the primary driver. The others are application Development Services.
Who are Altermyth's main competitors?
Direct peers on record are Toge Productions, Agate International, Touchten Games, Niji Games and Own Games. Broad incumbents are Virtuos, Animoca Brands and Gumi Inc.. Lemon Sky Studios is listed as a regional player. Unity Technologies is listed as an others.
Does Altermyth have an API?
No public API is recorded for Altermyth.
What industry is Altermyth in?
Altermyth's product category is Game Development and Publishing. Its primary akta.pro industry code is MPAFAAAE, VR/AR/XR Game Studios, with a secondary code of MPAFAFAF, XR/AR/VR/MR Development Frameworks & Toolchains. Its NAICS code is 5132 and its SIC code is 7371.