Nexpace, the Abu Dhabi-based blockchain company behind MapleStory Universe (MSU), announced the launch of an NXPC buyback program of up to $10 million.
The initiative is intended to reinforce a token circulation structure centered around real users and participation, while supporting long-term ecosystem sustainability. NXPC is the native token of MSU, the blockchain-powered expansion of Nexon’s iconic MapleStory IP, powering user engagement, including contribution rewards and item unlocks.
Under the program, Nexpace will conduct open market purchases of up to $10 million worth of NXPC across global digital asset exchanges. To minimize potential market impact, open market purchases will be executed progressively over a three-month period through multiple tranches and delegated to an external execution partner.
The initiative was developed based on insights gathered during MSU’s first year of live operations. Over the past year, more than 850,000 wallets engaged with the platform, with approximately two-thirds spending NXPC on a monthly basis, contributing to 49.1 million NXPC in ecosystem revenue, equivalent to $31 million. By Q1 2026, player spending had outpaced rewards distributed, reflecting the depth of organic engagement across the ecosystem.
Combined with the 8.32 million NXPC burned to date, the buyback program is designed to support healthy token circulation as MSU evolves into a broader IP-powered ecosystem driven by active onchain participation. It also reinforces the long-term ecosystem alignment of NXPC for users who actively participate in and contribute to the ecosystem.
Sun Young Hwang, Chief Executive Officer at Nexpace said, “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 for future use in supporting long-term ecosystem sustainability. For more information, please visit Nexpace’s IR page.