Abu Dhabi, UAE, 22nd Could 2026, Chainwire
Abu Dhabi, UAE, Could 22nd, 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), right this moment 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 person engagement, together with contribution rewards and merchandise unlocks.
Beneath this system, Nexpace will conduct open market purchases of as much as $10 million price of NXPC throughout international digital asset exchanges. To attenuate potential market influence, open market purchases will likely be executed progressively over a three-month interval via a number of tranches and delegated to an exterior execution companion.
The initiative was developed based mostly on insights gathered throughout MSU’s first year of live 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 thus far, 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 Govt Officer at Nexpace mentioned, “As MapleStory Universe continues to evolve, our focus stays on constructing an ecosystem the place participation and utility stay carefully related. 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 appropriate path, and we wish to guarantee long-term customers, builders, and contributors are meaningfully rewarded for what they assist construct.”
NXPC acquired via this system will likely 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 based mostly 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 house for exploring, sharing, and fascinating with various content material and gameplay crafted by neighborhood members.
On the coronary heart of Nexpace’s ecosystem are ideas of transparency, safety, and belief, empowering builders to freely share their concepts and enabling customers to take pleasure in immersive experiences. By fostering a tradition of artistic expression, Nexpace envisions a safe, collaborative atmosphere that unites ecosystem individuals in a thriving digital neighborhood.
Disclaimers: This press launch incorporates 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 based mostly on inner knowledge or third-party sources as indicated and measured underneath the definitions and durations specified.
Contact
PR Supervisor
Bee Shin
Wachsman
bee.shin@wachsman.com
Press Releases Press Releases Read More
