Might 22, 2026
Abu Dhabi, UAE, Might 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), at this time introduced the launch of an NXPC buyback program of as much as $10 million.
The initiative is meant to strengthen 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 enlargement of Nexon’s iconic MapleStory IP, powering consumer engagement, together with contribution rewards and merchandise unlocks.
Underneath this system, Nexpace will conduct open market purchases of as much as $10 million value of NXPC throughout world digital asset exchanges. To reduce potential market influence, open market purchases can be executed progressively over a three-month interval by way of a number of tranches and delegated to an exterior execution accomplice.
The initiative was developed primarily based on insights gathered throughout MSU’s first year of live operations. Over the previous yr, 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 energetic 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 stated, “As MapleStory Universe continues to evolve, our focus stays on constructing an ecosystem the place participation and utility stay intently related. This program displays our ongoing dedication to supporting more healthy long-term ecosystem dynamics as engagement continues to develop. 12 months one gave us confidence that we’re on the appropriate path, and we wish to guarantee long-term customers, builders, and contributors are meaningfully rewarded for what they assist construct.”
NXPC acquired by way of this system can be retained inside the treasury for future use in supporting long-term ecosystem sustainability. For extra info, customers can go to Nexpace’s IR 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 various 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 atmosphere that unites ecosystem contributors in a thriving digital group.
Disclaimers: This press launch accommodates 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 knowledge or third-party sources as indicated and measured underneath the definitions and intervals specified.
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About The Writer
Chainwire is the highest blockchain and cryptocurrency newswire, distributing press releases, and maximizing crypto information protection.
Chainwire is the highest blockchain and cryptocurrency newswire, distributing press releases, and maximizing crypto information protection.
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