Abu Dhabi, UAE, Could twenty second, 2026, Chainwire
As much as $10 million buyback program designed to strengthen long-term token circulation construction and assist sustainable ecosystem operations.
Nexpace, the Abu Dhabi-based blockchain firm behind MapleStory Universe (MSU), as we speak introduced the launch of an NXPC buyback program of as much as $10 million.
The initiative is meant to bolster a token circulation construction centered round actual customers and participation, whereas supporting long-term ecosystem sustainability. NXPC is the native token of MSU, the blockchain-powered growth of Nexon’s iconic MapleStory IP, powering person engagement, together with contribution rewards and merchandise unlocks.
Beneath this system, Nexpace will conduct open market purchases of as much as $10 million value of NXPC throughout international digital asset exchanges. To attenuate potential market affect, open market purchases will probably be executed progressively over a three-month interval by a number of tranches and delegated to an exterior execution accomplice.
The initiative was developed primarily based on insights gathered throughout MSU’s first 12 months of reside operations. Over the previous 12 months, greater than 850,000 wallets engaged with the platform, with roughly two-thirds spending NXPC on a month-to-month foundation, contributing to 49.1 million NXPC in ecosystem income, equal to $31 million. By Q1 2026, participant spending had outpaced rewards distributed, reflecting the depth of natural engagement throughout the ecosystem.
Mixed with the 8.32 million NXPC burned to this point, the buyback program is designed to assist wholesome token circulation as MSU evolves right into a broader IP-powered ecosystem pushed by lively onchain participation. It additionally reinforces the long-term ecosystem alignment of NXPC for customers who actively take part in and contribute to the ecosystem.
Solar Younger Hwang, Chief Government Officer at Nexpace mentioned, “As MapleStory Universe continues to evolve, our focus stays on constructing an ecosystem the place participation and utility stay intently linked. This program displays our ongoing dedication to supporting more healthy long-term ecosystem dynamics as engagement continues to develop. Yr one gave us confidence that we’re on the fitting path, and we need to guarantee long-term customers, builders, and contributors are meaningfully rewarded for what they assist construct.”
NXPC acquired by this system will probably be retained inside the treasury for future use in supporting long-term ecosystem sustainability. For extra data, customers can go to Nexpace’s IR web page.
About Nexpace
Nexpace, an revolutionary blockchain firm primarily based in Abu Dhabi, pioneers an IP-expansion initiative powered by blockchain know-how and NFTs to construct a community-driven ecosystem. With a mission to redefine interactive leisure, Nexpace creates a vibrant area for exploring, sharing, and interesting with numerous content material and gameplay crafted by group members.
On the coronary heart of Nexpace’s ecosystem are rules of transparency, safety, and belief, empowering builders to freely share their concepts and enabling customers to get pleasure from immersive experiences. By fostering a tradition of artistic expression, Nexpace envisions a safe, collaborative setting that unites ecosystem individuals in a thriving digital group.
Disclaimers: This press launch comprises forward-looking statements concerning MapleStory Universe, MSU 2.0, and associated plans. Nothing herein constitutes a proposal, solicitation, or suggestion to purchase or promote NXPC or any digital asset; availability could also be restricted in sure jurisdictions. All metrics are primarily based on inner information or third-party sources as indicated and measured underneath the definitions and durations specified.
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