NEXPACE (NXPC) is a protocol serving as the economic layer for IP ecosystems to power next-gen reward experience.
MapleStory Universe is a blockchain ecosystem built on the foundation of MapleStory, a game and established IP of over 20 years.
NXPC serves as the native token of MapleStory Universe, which has the following functions:
Gas Token: NXPC is used to pay for transaction fees (gas fees) within the MapleStory Universe Henesys Layer 1 network.
Contributor Incentives: NXPC is distributed periodically to ecosystem contributors based on their measured impact, stimulating ecosystem growth.
NESO Convertibility: NXPC maintains a fixed conversion rate with NESO, the in-game utility token.
NFT Interchangeability: NXPC facilitates exchanges between NXPC and NFTs through NXPC Fission (NXPC to NFTs) and Item Fusion (NFTs to NXPC) mechanisms, maintaining balanced NFT circulation.
MapleStory Universe consists of two components:
Foundational Applications:
MapleStory N: Next-generation PC MMORPG preserving classic 2D side-scrolling gameplay of MapleStory with blockchain integration.
Features a limited supply economy where all major game items exist as NFTs with fixed quantities.
Implements dynamic pricing where item upgrade prices fluctuate based on real-time demand.
Introduces dynamic rewards that adjust in-game rewards based on player activity across different areas.
MapleStory Universe Marketplace (MSU Marketplace): Dedicated platform for trading MapleStory NFTs including characters, equipment, and consumables.
MapleStory Universe Navigator (MSU Navigator): Comprehensive encyclopedia providing information on all NFTs and player data.
MapleStory Universe Explorer (MSU Explorer): Transparent dashboard displaying real-time metrics on network activity, transactions, and wallet data.
Swap & Warp: Application supporting token exchanges (NXPC/NESO conversion) and cross-chain token transfers between MapleStory Universe Henesys L1 and other blockchain networks.
Reactor: Economic component coordinating NFT issuance through NXPC Fission (NXPC to NFTs) and Item Fusion (NFTs to NXPC).
Builder Tool:
MapleStory Universe SDK:
Development kit enabling creators to build applications leveraging MapleStory IP.
Open API Architecture providing access to character information, NFTs, marketplace, and network data.
Custom metadata functionality allowing developers to extend NFT utility with application-specific attributes.
MapleStory Universe is funded by parent company Nexon Co., Ltd with $100M paid-in capital.
Despite being the sole shareholder of Nexpace Limited (subsidiary of Nexon Co., Ltd, and the project team of MapleStory Universe), Nexon Co., Ltd has not received any token allocation.
The project has not conducted private sales, with no tokens sold to external investors.
As of May 15, 2025, the total and max supply of NXPC is 1,000,000,000 and the circulating supply upon listing will be 169,040,000 (~16.90% of the total supply).
Key metrics (as of May 15, 2025)
1. What is MapleStory Universe?
MapleStory Universe is a blockchain ecosystem that transforms the MapleStory IP into an expansive Layer 1 network hosting diverse applications and experiences. Rather than functioning as a standalone game, it serves as a platform where MapleStory NFTs gain utility across multiple interconnected applications built by community builders.
1.1. Project Mission & Value Proposition:
Project Mission: MapleStory Universe aims to deliver an enhanced reward experience (RX) for players by expanding the utility and maintaining the rarity of game items.
Value Proposition:
For Players: Ability to use game items across multiple applications with genuine rarity through limited supply.
For Builders: Framework to build applications on MapleStory IP with access to an established fan base, proper reward compensation, and economic alignment with players.
1.2. Project Key Highlights & Existing Products:
Limited Supply Economy: NXPC powers an economy where NFT issuance is driven by market demand rather than arbitrary developer decisions. Additionally, each unique NFT has a predetermined supply cap, ensuring genuine rarity for player.
NFT Interchangeability: Users can redeem NXPC for collections of NFTs and conversely, exchange these collections back into NXPC. This interchangeability establishes a direct connection where NXPC reflects the collective utility of NFTs, creating a natural balance that maintains both utility and rarity.
Contribution Mechanism: A systematic framework rewards ecosystem contributors who enhance NFT utility and boost token usage. Periodic NXPC distribution follows a halving schedule similar to Bitcoin, with rewards determined by measurable contribution metrics, creating economic alignment between contributors and the community.
Multi-Application Ecosystem: MapleStory NFTs gain expanded utility across various applications beyond the single game client. The ecosystem supports multiple applications built by both the project team and third-party contributors, enabling diverse experiences that leverage the same underlying NFTs.
2. Existing Products:
Starting from the official launch date of MapleStory Universe (May 15, 2025), seven applications will be launched in phases.
MapleStory N: A PC MMORPG preserving the classic 2D side-scrolling gameplay of MapleStory with blockchain integration. During open beta (Nov-Dec 2024), the game demonstrated strong engagement with 76% of circulating tokens actively used with 100K registered users. (Dashboard for open-beta results).
MSU Marketplace: A dedicated platform for trading MapleStory NFTs including characters, equipment, and consumable items.
MSU Navigator: A comprehensive encyclopedia for all MapleStory Universe NFTs and player data.
MSU Explorer: A transparent dashboard displaying real-time metrics on network activity, token transactions, and wallet activity.
Swap & Warp: An application supporting token exchanges and blockchain bridging. Swap enables fixed-rate conversion between NXPC and NESO, while Warp facilitates token transfers between the MapleStory Universe Layer 1 and other networks.
Reactor: The economic component coordinating asset creation through NXPC Fission and Item Fusion mechanisms, facilitating exchanges between NXPC and NFTs.
MapleStory Universe SDK: A development kit enabling teams to build standalone applications leveraging MapleStory IP, with sample applications shown in the below image.
3. Technical Infrastructure:
MapleStory Universe Henesys L1 fully leverages Avalanche L1's technical infrastructure. This implementation includes adopting Avalanche's consensus mechanisms, network architecture, and security protocols without significant modifications. For technical specifications, users can reference standard Avalanche L1 documentation as the underlying technology remains consistent between both platforms.
4. Token sales and economics
4.1. Token Distribution:
4.2. Token Release Schedule:
Note: Contribution Reward Allocation (80.00% of token supply) will continue to unlock every week (7 days) beyond June 2032.
5. Risk Analysis:
5.1. Initial Circulating Retail:Institution Ratio:
* Note: User Rewards (In-game Rewards) allocation shown in the Day 1 Real Float does not represent immediate distribution. These tokens will be gradually released as users engage with the game (MapleStory N) over time rather than being fully distributed on Day 1.
* Note: The Day 1 circulating supply and real float consist exclusively of tokens from three allocation categories: "Ecosystem / Early Community," "Ecosystem / Liquidity Provision," and "Ecosystem / Gas Sponsorship."
5.2. Airdrop Cluster Analysis:
5.3. Initial TGE Main Bucket On-chain Wallet Addresses:
Disclaimer: “Ecosystem / Early Community”, “Ecosystem / Liquidity Provision” and “Ecosystem / Gas Sponsorship” tokens have been transferred during live operation.
6. Roadmap & Updates:
6.1. Completed Milestones:
6.2. Current Roadmap:
Q2 2025:
Launch Reactor to enable exchange between NXPC and MapleStory NFTs.
Q3 2025:
Release first wave of community applications developed in partnership with first and second-party development teams.
Upgrade MSU Builder to version 2.0 with enhanced SDK capabilities and expanded developer resources.
Q4 2025:
Launch NXPC staking system with tiered rewards and ecosystem benefits.
Launch NFT Renting platform allowing players temporarily rent NFTs from other players.
6.3. Commercial and Business Development Progress:
Chainlink Labs: Chainlink Labs provides the Verifiable Random Function (VRF) to ensure transparent and tamper-proof randomization processes within MapleStory N, enhancing fairness and trust in in-game mechanics. Additionally, the project successfully leveraged Chainlink's CCIP (Cross-Chain Interoperability Protocol) during its TGE to facilitate a secure and seamless cross-chain token launch, enhancing accessibility and usability across multiple blockchain networks.
Ava Labs: Ava Labs is a core infrastructure partner, providing technical support for validator operations, subnet deployment, and L1 management across the Avalanche network. The partnership plays a key role in facilitating the growth of the MapleStory Universe (MSU) ecosystem, particularly within Avalanche’s Layer 1 and subnet architecture.
Xangle: Xangle provides infrastructure support via its Explorer for transaction visibility and Proof of Reserve (PoR) to ensure token supply transparency. The partnership is aimed at building infrastructure-level transparency for the MapleStory Universe ecosystem and strengthening trust with both institutional and retail participants.
Helika: Helika develops robust on-chain and off-chain data pipelines along with a customized dashboard to support transparent KPI monitoring and reporting.
Hacken: Hacken has been a long-term security partner, collaborating with the project from its early stages through to the mainnet launch. Over the past two years, Hacken has conducted comprehensive smart contract audits, ensuring best-in-class security and code reliability.
Wachsman: Wachsman serves as the project's global PR partner, managing media relations across major markets.
Kaito: Kaito served as a community amplification vehicle during the pre-TGE period, helping to measure community mindshare and engagement trends. This partnership played a key role in building early momentum, enhancing social visibility, and fostering authentic community participation across platforms.
7. Community:
8. Appendix: