Gaming giant Nexon launches token via blockchain subsidiary

Nexon’s blockchain arm has launched a brand new token to spice up person engagement and ecosystem progress in its web3 recreation.

South Korean online game developer Nexon’s blockchain subsidiary NEXPACE has introduced the launch of its personal cryptocurrency to extend person participation and gas ecosystem progress inside its web3 recreation known as MapleStory Universe.

In a Medium announcement on August 27, NEXPACE stated the so-called NXPC token is designed to permit gamers and group members to instantly contribute to the creation of in-game content material, a job historically reserved for recreation builders.

MapleStory Universe, a Web3 spin-off of Nexon’s 2003 2D on-line recreation MapleStory, is constructed on the Avalanche blockchain and options non-fungible tokens at its core. The NXPC token is anticipated to permit contributors to work together with in-game gadgets, selling a “pure circulate of community-driven progress,” the corporate stated. Whereas particular particulars haven’t been revealed, it’s anticipated that the token will even be based mostly on the Avalanche blockchain, consistent with the sport itself.

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NEXPACE says the token permits contributors to work together with in-game gadgets throughout the recreation, selling a “pure circulate of community-driven progress.” Though the corporate didn’t specify this, it’s believed that the token can be based mostly on the Avalanche blockchain, similar to the sport itself.

This isn’t Nexon’s first foray into the world of cryptocurrency, though it displays the corporate’s devoted efforts centered on the blockchain sector. The corporate beforehand bought greater than 1,700 (BTC) for about $100 million. On the time, Nexon CEO Owen Mahoney stated the acquisition “displays a disciplined technique for shielding shareholder worth and preserving the buying energy of our money property.”

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