#SoftStaking
NXPC token is the core asset of the MapleStory Universe, a blockchain game owned by South Korean gaming giant, Nexon. Based on the classic IP 'MapleStory,' this project aims to reconstruct the game economic system through blockchain technology, achieving asset rights confirmation, NFT trading, and community governance. As a governance token, NXPC performs the following core functions:
Trading and Governance: Paying on-chain gas fees, participating in ecosystem governance voting;
NFT exchange and incentives: Players can create in-game NFT assets (such as equipment, characters) through NXPC and receive token rewards by contributing content;
Dual token model: connected with tokens in the NESO game, forming a closed loop of value from 'NXPC ↔ NESO ↔ NFT', curbing inflation and enhancing practicality.
Nexon has invested $100 million in this project and, relying on a massive user base of 2.5 billion players worldwide in 'MapleStory', is trying to replicate the success of traditional games in the Web3 space. At a technical level, NXPC is built on the Avalanche subnet construction, supporting high throughput (3000+ TPS) and low transaction costs ($0.01), providing infrastructure for high-frequency game interactions.
NXPC price movement
NXPC was listed on many major exchanges including Gate on May 15, 2025. Its price surged from $1.98 to $3.98 on the first day, with market value once exceeding $4 billion, then fluctuating in the range of $2.4 - $2.9. Market volatility was largely triggered by the following factors:
Airdrop Effects: Early game participants, Gate HODLer Airdrop group received airdrop tokens, short-term selling pressure intertwined with speculative sentiment;
Exchange liquidity: Trading volume surged after being listed on several platforms, with 24-hour trading volume exceeding $1.6 billion, indicating market attention;
Technical Indicators: Short-term RSI (63) and moving averages (50-day / 100-day) indicate a moderate bullish trend, with resistance near $3.20
#SoftStaking