According to other players who've downloaded it for Android, no, it will not work. Assets will fail to load because Android's file structure is different and wants the folder to be somewhere else - where? I have absolutely no idea.
However, on my Discord server, I have a beta up that brings some UI improvements to MERCANOID for mobile devices; the caveat being that the assets are online due to the issue above. So it requires a connection to play properly. This is a stopgap while I get feedback on these UI alterations (namely, the addition of scrolling to the sidebars if the viewport is smaller than their maximum size - still janky, but less painful.)