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What drives the growth? It's the power of IP. 94.82% of H1 protocol revenue came from game content. Marketplace fees were 5.18%. Game content 29.37M $NXPC Marketplace fees 1.60M $NXPC 564,714 of 855,506 engaged wallets have paid into the protocol since launch, a 66.01% paying share. More @MapleStoryU content is on the way.
One rule, every burn cycle. 20% of the prior quarter's protocol revenue, burned onchain. Q1 revenue 14.38M → 2.88M $NXPC burned Q2 revenue 16.60M → 3.33M burned That is 6.20M on H1 revenue, more than all of 2025 combined. 11.65M burned to date, 1.165% of the 1B max supply. Next burn: October
State of MapleStory Universe: H1 2026 ✦ H1 Protocol revenue 30.98M NXPC +15.4% QoQ in Q2, driven by @MapleStoryU core game content spending ✦ Revenue exceeded MapleStory N token emissions, 2.84M NXPC net supply absorption ✦ 6.20M NXPC burned on H1 revenue exceeding all of 2025, 11.65M NXPC permanently removed. Looking ahead @MapleStoryU: ✦ A long line of updates ahead in H2, drawn from 23 years of MapleStory content ✦ Strengthening Anti-abuse to close the leaks and keep the economy solid Full report 👇 https://nexpace.io/communication/announcements?slug=state-of-maplestory-universe-h1-2026
Q2 2026 $NXPC Burn is complete! A record 3.325M $NXPC was permanently burned this quarter, surpassing Q1. This burn reflects 20% of Q2 protocol fee revenue generated through activity across the MSU ecosystem, reinforcing the long-term sustainability of the $NXPC economy. Learn more: https://nexpace.io/communication/disclosures?slug=nxpc-4th-burn-completed
MSU Space & MapleStory Vibe Camp is here! [Build with MapleStory IP] Build & compete for $60,000 in NXPC Rewards. Empowering builders worldwide through official MapleStory Universe resources and the AI-Powered Creation Tool: MSU Space. MapleStory Vibe Camp: A Global Builder Competition Running from June 8 to June 29, 2026, MapleStory Vibe Camp offers a total prize pool of $60,000 in $NXPC and is open to builders around the world. Through MSU Space, participants can create and publish MapleStory-inspired experiences, with selected projects receiving recognition, rewards, and potential opportunities for future ecosystem participation. The First Major Activation of MSU 2.0 The next phase of growth follows its first year of operations. Key milestones include: More than 150 million cumulative on-chain transactions Approximately 49.1 million $NXPC generated in ecosystem revenue Equivalent to roughly $31 million in ecosystem value These achievements signal our evolution from a single-game environment into a broader platform focused on creation, distribution, and monetization opportunities built around the MapleStory IP. Expanding Participation Beyond Players Sun Young Hwang, CEO Nexpace: "Over the past year, MapleStory Universe has demonstrated that a large-scale game economy can successfully operate on-chain. The next chapter is about expanding who participates in building it. As AI continues to lower the barrier to game creation, the distinction between player and builder becomes less fixed, and MapleStory IP becomes the foundation that both groups create from and around. Both MapleStory Vibe Camp and MSU Space represent important first steps toward realizing that vision, by lowering barriers to creation and unveiling new ways for communities to build with our legacy IP." Opening MapleStory IP to a New Generation of Builders At the center of the initiative is MSU Space, a dedicated environment within Verse8 that provides users access to official MapleStory Universe assets, resources, and development tools. Builders can leverage: MapleStory-themed characters Monsters Items Environments Lore and world-building assets and much more Combined with Verse8's AI-assisted game creation capabilities, users can: Create projects using natural language prompts Rapidly iterate on gameplay concepts Publish completed experiences directly through the platform This reflects MSU 2.0's broader objective of transforming MapleStory from a traditionally closed-game IP into a programmable ecosystem where communities can create new experiences, applications, and services using MapleStory IP. By combining on-chain infrastructure, AI-assisted creation tools, and community-driven participation, MSU 2.0 aims to significantly reduce barriers traditionally associated with IP-based creation. Why MSU Space Chose Verse8 As MapleStory Universe expands beyond a single game experience, accessible entry points for builders become increasingly important. Through its collaboration with Verse8, MSU provides an environment where creators can: Discover ecosystem opportunities Experiment with new concepts Participate in the broader vision of MSU 2.0 The initiative also introduces MapleStory Universe to a broader audience of developers and AI-native builders who may be encountering the ecosystem for the first time. Kevin Lee, CEO of Verse8, said: "For decades, building with major gaming IPs has largely been limited to professional studios and approved partners. Through MSU Space and AI, however, creators can now experiment with MapleStory IP in a more accessible way and bring their ideas to life faster than ever before. We're excited to help power the next wave of MapleStory builders." Together, MSU Space serves as an accessible gateway into the emerging builder economy underpinning MSU 2.0, connecting users with the tools, resources, and infrastructure needed to create with MapleStory IP. Join MapleStory Vibe Camp MapleStory Vibe Camp runs from June 08–29, 2026, with winning entries selected from projects submitted through MSU Space. For more information or to participate, visit: https://vibecamp.msu.io/
MSU 2.0 highlights the next phase of $NXPC: expanding utility through builders, IP-driven economic activity, and ecosystem value capture. As the ecosystem grows, demand is increasingly supported by revenue generation, buyback mechanisms, and deflationary supply dynamics Read more ⏬
We announced an NXPC buyback of up to $10M. @nexpacetime shares the foundation behind that decision, MapleStory Universe’s Year One growth, the evolving role of NXPC, and the builder-driven future we believe is ahead 👇
The buyback program is here. $NXPC is built to get stronger year after year. As @Nexpace_HQ grows into something far bigger, accelerating to MSU 2.0, our community will be ready.
Launching up to $10 Million $NXPC buyback program! Alongside 8.32M $NXPC burned to date, we are also committed to supporting healthier long-term ecosystem dynamics through this program: ✦ Execution: Open market purchases across global digital asset exchanges. ✦ Methodology: Open market purchases will be executed progressively over 3 months through multiple tranches and delegated to an external execution partner. ✦ Treasury: Acquired $NXPC will be retained within treasury for future use in supporting long-term ecosystem sustainability. All traceable on-chain. The data and our community have provided clear insights across our first year of live operations: 850,000+ wallets engaged, approximately two-thirds of users spent $NXPC monthly, and ecosystem revenue reached 49.1M $NXPC (equivalent to $31M). This initiative is intended to support sustainable user activity, long-term participation, and our evolution into a broader IP-powered ecosystem. Read full details here: https://nexpace.io/communication/announcements?slug=nxpc-token-buyback-program-disclosure
3rd Burn (Q1 2026) is now complete! We’re accelerating quarter over quarter, reflecting growing ecosystem activity and increased value flowing back into $NXPC. The 5/21 cycle burned 2.88M $NXPC, nearly half of the 5.45M total from Cycles 1 and 2 combined. This is the proof that when revenue scales, the burn scales with it. Read more: https://nexpace.io/communication/disclosures?slug=nxpc-3rd-burn-completed
Year 1 Recap: Accelerating to Next Phase (MSU 2.0) MapleStory N proved the foundation as one service. Now we’re accelerating toward everyone building more services in one ecosystem: more utility, more revenue, more burn, stronger economy. They said Web3 gaming was dying. Not here. Year 1 is not because of token incentives or airdrops, not because of hype cycles. This anniversary, we showed what a solid and sustainable economy looks like that grew because real players chose to stay, trade, spend, and build together Here’s the strong foundation behind it, by the numbers: You can verify the full on-chain data on Dune: https://dune.com/henesys/maplestory-universe-year-one-token-economy-recap 1. The Revenue Grew to $31M+ time-weighted Most Web3 games peak at launch only, and we reversed that curve through game updates, content, rewards, and more. The content calendar drove $NXPC activity and revenue, not the other way around. 2. The Spending Wallet Metric is Another Sign In-game economy is giving the community actual reasons to transact. The more recent push toward 80% active spending wallets suggests that the quality of that growth is improving.
The MapleStory N 'Age of V' Winter Update marked a turning point for $NXPC: ✦ A clear structural shift toward a sustainable token economy through net inflow. ✦ Token utility is now happening more in-game. From Dec 18, in-game spending jumped to +75% week-over-week, reaching an 8-month high. ✦ Q1 2026 Token burn has already surpassed all of Q4 2025. Increased Token Utility > Growing Net Inflow > Strong In-game Token Spend > More Token Burn. A cycle reinforcing long-term economic stability for the @MapleStoryU ecosystem
Builder Spotlight: MNWalk Tuner reporting live, spotlight on MSU builders who are expanding the universe. MNWalk by @limelight_gg brings the fun beyond the game, giving Maplers an engaging move-to-earn app. What’s MNWalk? MNWalk is a live M2E experience, both on iOS (App Store) and Android (Google Play), where you collect characters by moving. This means that, aside from playing MapleStory N, you can now participate in the IP by building healthy habits, collecting adorable pets in MNWalk, and turning your daily steps into progression! Explore more here: https://x.com/MNWalk_Official Why does this matter to the MSU Ecosystem? 🍄 Builder-led expansion: MNWalk demonstrates how builders can expand MSU by creating new entry points for participation that strengthen the ecosystem over time. 🍄 Player benefits: An easy routine to stick with, more utility as CP/NFT features, rewards, and PVP roll out, and a chance to join early before major updates land. 🍄 Metaplay loop: It adds a simple real-world daily loop, so Maplers can engage even when they’re not in MapleStory N, that’s Metaplay in action. What’s next for Limelight? Limelight is not stopping. Limelight was selected to participate in @avax Build Games competition (total $1M prize pool). They plan to integrate $AVAX, $NXPC, and $JPYC on Avalanche and expand the app using the MSU API. They are exploring ways to bring character CP and specific NFTs directly into the app. More Builder Spotlights are coming, because the ecosystem strengthens when builders turn ideas into live experiences. Planning to contribute to the universe? Explore MSU API here: https://msu.io/builder
$NXPC is now live on @binance Earn! Earn a minimum of 40%+ APR in $NXPC by locking it in for 60 days. Participate and share the total reward of 5M $NXPC via Binance Earn 👇 https://www.binance.com/en/support/announcement/detail/f557fb159aaa4b8fb7daf9ada2134372
$NXPC IS COMING $NXPC IS COMING $NXPC IS COMING $NXPC IS COMING $NXPC IS COMING Affirm 'YES' if you're ready to claim.
Nexpace has been ranked #1 Blockchain Game Company 2026 by @BCGbiz From #28 in 2024, to #16 in 2025, and now to the top! This journey reflects years of focus, hard choices, and steady execution. We launched MapleStory N and $NXPC in 2025 as the foundation for a fully on-chain era. Through @MaplestoryU, we’re building an open ecosystem where builders, developers, and players can extend our IP under the Infinite IP Playground vision. This recognition motivates us to stay focused and keep building. Thank you to our team, partners, and community. https://www.blockchaingamer.biz/features/41347/top-50-blockchain-game-companies-2026/
$NXPC 2nd Burn Completed! 🔥 Another step toward a more sustainable token economy. 2nd Burn: 1.6M $NXPC Total Burned to date: 5.4M $NXPC Read more: https://t.co/k1YRJBg65C
We’re making $NXPC more accessible 💳 Card purchases are now available on @Transak: https://transak.com/buy Full integration coming soon.
Ecosystem Expansion ✦ Expanding technical integrations of $NXPC across dApps and protocols ✦ Long-term roadmap includes up to 5M $NXPC for multi-phase growth @BenqiFinance Staking ✦ BENQI has launched a 1M $NXPC staking pool ✦ Program is fully operated and announced by BENQI How to stake 👇 https://twitter.com/i/web/status/1996853944895848687
$NXPC enters DeFi The first step with @BenqiFinance Don’t miss it. Learn how to stake 👇 https://medium.com/@MaplestoryU/announcement-how-to-stake-nxpc-on-benqi-4fad08830950?postPublishedType=initial
$NXPC enters DeFi The first step with @BenqiFinance Don’t miss it. Learn how to stake 👇 https://medium.com/@MaplestoryU/announcement-how-to-stake-nxpc-on-benqi-4fad08830950?postPublishedType=initial
Ecosystem Expansion ✦ Expanding technical integrations of $NXPC across dApps and protocols ✦ Long-term roadmap includes up to 5M $NXPC for multi-phase growth @BenqiFinance Staking ✦ BENQI has launched a 1M $NXPC staking pool ✦ Program is fully operated and announced by BENQI (target APY 20%+) How to stake 👇 https://twitter.com/i/web/status/1996847801641414692
RT @PlayToEarn: MapleStory Universe Introduces Quarterly NXPC Token Burn Starting Nov 27 📰 PlayToEarn Score: 485 📈 @Nexpace_HQ will carry…
Today's key updates: ✦ $NXPC Burn Mechanism launch to support long-term value and transparency. ✦ Whitepaper updated with clarified token structure, supply mechanics, and protocol logic. Read more here 👇 https://nexpace.io/communication?type=disclosures
NXPC Sparks a Wealth Effect: MapleStory’s blockchain game governance token NXPC has been listed on multiple exchanges, sparking widespread attention with its price surpassing $3 and a fully diluted valuation (FDV) of $3 billion. Generous airdrops—up to $600—fueled the hype. While the project draws interest through its classic IP and wealth effect, the game is still in beta, and its long-term value and sustainability remain to be seen. https://t.co/6r0AZuYepO
$3M Profit in Just 2 Hours! This trader aped into $NXPC right after launch, spending $1.75M to buy 1.28M $NXPC at $1.37. It's now worth $4.8M—an unrealized profit of $3M. Address: 0x8e3aa18308695e34a7b727b4ed5cd05cfae25cdf
$NXPC Listing on Upbit: User Event Submit your Upbit Avalanche C-Chain deposit address to receive the NXPC airdrop. Submit until: 2025-05-15 10:00 am KST Link: https://exchange-airdrop.msu.io
South Korea’s largest exchange Upbit announced the launch of Nexspace NXPC’s KRW、BTC、USDT trading pairs. Nexpace is the native token of Henesys L1, the mainnet of MapleStory Universe, and supports Avalanche C Chain as a multi-chain. MapleStory Universe is a virtual world built based on Maple Story, the representative game IP of game developer NEXON. https://t.co/JlvBbSu2Dl
Binance Alpha has announced that it will list NEXPACE (NXPC) for trading on May 15. At the same time, South Korea’s second-largest crypto exchange Bithumb has confirmed the launch of an NXPC/KRW trading pair. NXPC is the native token of the MapleStory Universe, designed to enhance user gaming experiences and support the broader ecosystem. https://t.co/MEivgxVLX4 https://t.co/c7dtmGy4Hz
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