What Is Nexpace (NXPC) and How Does It Work?
Nexpace (NXPC) is the native utility token of the MapleStory Universe’s
GameFi ecosystem, designed to tokenize the platform’s issuance power and dynamically govern
NFT supply based on player demand. Through its unique
Fission mechanism, holders can redeem NXPC for a set of NFTs drawn from the shared Item Pool, and via
Item Fusion they can exchange those NFTs back into NXPC, ensuring a stable NFT/NXPC exchange rate even as new items enter the pool.
Beyond NFT interoperability, NXPC fuels in-game transaction fees, powers creator-driven content rewards, and serves as a reserve asset for NESO, the in-game currency, fostering a circular economy where token value aligns directly with platform engagement.
How Does NXPC Fission (NFT Redemption) and Item Fusion Work?
NXPC Fission lets you redeem NXPC tokens for a “set” of NFTs drawn proportionally from the MapleStory Universe Item Pool. When you perform Fission, the NXPC you spend is removed (“burned”) from circulation and you receive a fixed percentage of each item’s current supply, e.g. 1 NXPC set might grant 1 of Item A (1% of its 100 max supply), 2 of Item B (1% of 200), and 3 of Item C (1% of 300). As items deplete, Fission remains possible only if users later return NFTs via Item Fusion or new items are added to the pool, ensuring supply dynamically tracks demand.
Item Fusion reverses Fission: you contribute individual NFTs into a “basket” that contains every item type (each at a fixed max-supply percentage). Once the basket is filled, the protocol calculates your NXPC return using the current NFT ↔ NXPC exchange rate (e.g. a basket of 100 NFTs at rate 10 returns 10 NXPC). The NFTs you fuse are returned to the Item Pool (increasing available supply), and the previously burned NXPC re-enters circulation, balancing token and NFT supplies based on actual user demand.
When Was Nexpace Launched and Who Founded It?
NEXPACE Limited was established in
2023 in Abu Dhabi as the dedicated blockchain arm of South Korean gaming giant Nexon, with the mandate to bring Nexon’s IPs into
Web3 via its proprietary Nexpace Protocol. The Nexpace Protocol, and with it the NXPC token, was officially unveiled on
August 27, 2024 in Abu Dhabi, marking the launch of its dynamic Fission-Fusion mechanics and
tokenomics for the MapleStory Universe.
Since then, key roadmap milestones have included:
- July 2024: First public playtest of MapleStory N on testnet, generating over 32 million on-chain transactions.
- November 20-29, 2024: Second, open playtest of MapleStory N, expanding access to nearly a million unique wallets.
- April 2025: Henesys (Avalanche-based Layer-1)
mainnet launch to host MapleStory N and related
dApps.
- May 15, 2025: Official launch of MapleStory N and simultaneous NXPC spot trading, with
airdrop claims beginning May 13.
- Ongoing: Roll-out of “Token Comics” educational webtoons, forthcoming game IP integrations beyond MapleStory, and periodic updates to the Nexpace item pool and governance features.
What Are the Main Use Cases of NXPC Token?
NXPC serves as the lifeblood of the MapleStory Universe’s on-chain economy:
1. Governance & Ecosystem Incentives: NXPC lets you vote on platform upgrades, allocate rewards to content creators, and secure the circular economy by powering transaction fees and in-game mechanics.
2. NFT Fission & Fusion: Use NXPC to redeem balanced sets of MapleStory Universe NFTs via Fission or return NFTs to mint NXPC back through Fusion, keeping supply and demand in equilibrium.
You can also trade NXPC directly on the
BingX spot market. Simply search for the
NXPC/USDT pair, enter your order size, and execute a buy or sell in seconds.
What Is Nexpace Tokenomics?
Nexpace’s NXPC token features a fixed 1 billion supply and a diminishing emission schedule inspired by
Bitcoin’s halving model, designed to align token issuance with long-term ecosystem growth.
NXPC Token Allocation Breakdown
1. Contribution Rewards: 80% (800,000,000 NXPC) - Incentivizes community contributions; no lock-up.
2. Early Community: 16.317% (163,170,000 NXPC) - Rewards
testnet participants and early adopters; fully unlocked at TGE.
3. Liquidity Provision: 0.437% (4,370,000 NXPC) - Ensures deep, stable markets; fully unlocked at TGE.
4. Gas Sponsorship: 0.15% (1,500,000 NXPC) - Covers on-chain fees for new users; fully unlocked at TGE.
5. IP Licensing (Nexon): 2% (20,000,000 NXPC) - Compensation to IP licensor; 9-month cliff, then quarterly vesting over 36 months.
6. Team: 0.696% (6,960,000 NXPC) - Rewards core developers; 9-month cliff, then quarterly vesting over 36 months.
7. Advisors: 0.4% (4,000,000 NXPC) - Aligns advisors’ interests; 12-month cliff, then milestone-based vesting.
Vesting & Unlock Schedule
169 040 000 NXPC unlocked at TGE, with cumulative unlocks reaching 540 525 370 NXPC by Year 5, balancing early utility with long-term alignment.
What Blockchain Network Does Nexpace Operate on?
Nexpace Protocol runs on an
Avalanche-based Layer-1 network, specifically the Henesys subnet of the Avalanche ecosystem, leveraging its high throughput and fast finality for seamless GameFi operations.
Which Wallets Support NXPC Tokens?
The simplest way is to keep your NXPC in your BingX spot wallet. After listing, you can deposit NXPC via Avalanche C-Chain (or Henesys L1 once bridged) and it will appear in your BingX Asset Overview, ready to trade, stake in spot strategies, or withdraw at any time.
If you prefer self-custody, any Avalanche-compatible or
EVM wallet works. Popular choices include
MetaMask (add the Avalanche C-Chain or custom Henesys RPC, then import the NXPC contract); Avalanche Core Wallet for direct AVAX-chain support;
Trust Wallet on mobile; and hardware options like
Ledger Nano X for offline key storage. Just add NXPC’s contract address on your chosen network, and you’re all set to send, receive, and interact with MapleStory Universe dApps.
What Makes Nexpace (NXPC) a Good Investment?
NXPC ties directly to a globally recognized gaming IP and a novel token model. As the native token underpinning the MapleStory Universe’s GameFi ecosystem, NXPC benefits from Nexon’s established user base and brand recognition, giving it a strong foundation for mass adoption. Its innovative Fission–Fusion mechanics dynamically balance token and NFT supplies, reducing inflationary pressure and aligning token value with actual in-game demand and engagement.
Robust listings and farming opportunities boost liquidity and user incentives. NXPC is launching simultaneously on major platforms, including BingX, ensuring immediate access to global traders and deep
order books from day one.