Nexon’s blockchain arm has announced a new token to drive user engagement and ecosystem growth in its web3 game.
NEXPACE, the blockchain subsidiary of South Korean video game developer Nexon, has announced its own cryptocurrency to improve user engagement and drive ecosystem growth within its web3 game called MapleStory Universe.
In an August 27 Medium announcement, NEXPACE said the NXPC token is designed to allow gamers and community members to directly contribute to the creation of in-game content, a role traditionally reserved for game developers.
MapleStory Universe, a web3 spin-off of Nexon’s 2003 2D online game MapleStory, is built on the Avalanche blockchain and integrates non-fungible tokens at its core. The NXPC token is expected to allow contributors to interact with in-game assets, fostering a “natural flow of community-driven growth,” the company said. While specific details were not disclosed, the token is also expected to be based on the Avalanche blockchain, in line with the game itself.
NEXPACE claims that the token would allow contributors to interact with in-game elements, fostering a “natural flow of community-driven growth.” While the company didn’t elaborate, it’s speculated that the token would be based on the Avalanche blockchain, just like the game itself.
This isn’t Nexon’s first foray into the cryptocurrency space, though it represents the company’s dedicated efforts focused on the blockchain sector. The company previously purchased over 1,700 (BTC) for around $100 million. At the time, Nexon CEO Owen Mahoney said the purchase “reflects a disciplined strategy to protect shareholder value and maintain the purchasing power of our cash.”
