Nexpace Launches $10 Million NXPC Buyback Program
Abu Dhabi, UAE – May 22nd, 2026 – Nexpace, the Abu Dhabi-based blockchain company behind MapleStory Universe (MSU), today announced a buyback program for its native token, NXPC, valued at up to $10 million. The initiative aims to strengthen the token’s circulation structure and support the long-term sustainability of the MSU ecosystem.
NXPC is the utility token within MSU, the blockchain-integrated expansion of Nexon’s popular MapleStory intellectual property. It facilitates user engagement through rewards and item unlocks.
Program Details
Nexpace will purchase up to $10 million worth of NXPC on global digital asset exchanges through open market operations. To mitigate potential market impact, the purchases will be executed in multiple tranches over a three-month period and managed by an external execution partner.
Rationale and Performance
The buyback program is informed by insights gathered during MSU’s first year of operation. Over the past year, more than 850,000 wallets have engaged with the platform, with approximately two-thirds utilizing NXPC monthly. This activity has generated 49.1 million NXPC in ecosystem revenue, equivalent to $31 million. By the first quarter of 2026, player spending surpassed distributed rewards, indicating robust organic engagement within the ecosystem.
Combined with the 8.32 million NXPC already burned, the buyback program is designed to support healthy token circulation as MSU evolves into a broader IP-driven ecosystem. It also reinforces the long-term alignment of NXPC for active participants and contributors.
Executive Commentary
Sun Young Hwang, Chief Executive Officer at Nexpace, stated, “As MapleStory Universe continues to evolve, our focus remains on building an ecosystem where participation and utility remain closely connected. This program reflects our ongoing commitment to supporting healthier long-term ecosystem dynamics as engagement continues to grow. Year one gave us confidence that we are on the right path, and we want to ensure long-term users, builders, and contributors are meaningfully rewarded for what they help build.”
NXPC acquired through the program will be retained within the treasury to support the long-term sustainability of the ecosystem.
About Nexpace
Nexpace is a blockchain company based in Abu Dhabi that is pioneering an IP-expansion initiative powered by blockchain technology and NFTs to build a community-driven ecosystem. Nexpace aims to redefine interactive entertainment by creating a space for exploring, sharing, and engaging with diverse content and gameplay crafted by community members. The company emphasizes transparency, security, and trust to empower builders and provide immersive experiences for users.
Disclaimer
This press release contains forward-looking statements regarding MapleStory Universe, MSU 2.0, and related plans. It does not constitute an offer, solicitation, or recommendation to buy or sell NXPC or any digital asset; availability may be restricted in certain jurisdictions. All metrics are based on internal data or third-party sources as indicated and measured under the definitions and periods specified.
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