NXPC is a native token designed to enable flexible control over a limited NFT supply within the MapleStory Universe ecosystem. By allowing players to redeem NXPC for NFT collections and convert them back into NXPC, the token establishes a dynamic connection between itself and the utility of NFTs. As demand for NXPC increases, it boosts the perceived value of related NFTs, thereby enhancing the overall player experience (RX).
The token has a fixed maximum supply of one billion and follows a distribution model similar to Bitcoin, with issuance decreasing over time. It also serves as a reward mechanism for contributors to the MapleStory Universe, with NXPC distributed based on users’ contribution points—an evaluation of their efforts in promoting NFT use and ecosystem growth.
NXPC supports smart contract-based interchangeability with both NFTs and NESO, a token with a fixed conversion rate similar to the ETH/wETH relationship. This design allows organic regulation of NFT circulation and reinforces the decentralized nature of the ecosystem, ensuring fair access and utility for all participants.
Explore the tokenomics of NEXPACE(NXPC) and review the project details below.
What is the allocation for NEXPACE(NXPC) ?
NXPC has a maximum supply cap of one billion (1B) tokens. Initially, 20% (200 million NXPC) will be distributed across various allocation categories each with its own vesting schedule, as stated in Section Allocation. The remaining 80% (800 million NXPC) will be distributed each cycle according to the supply function described below.
Contribution Reward :To encourage voluntary community participation by rewarding contributors who help expand MapleStory Universe. Rewards are distributed through a cyclical system based on individual contribution levels, following a gradually diminishing emission schedule inspired by Bitcoin's halving model.
Early Community: To ensure initial token distribution and market accessibility while providing resources to early participants who contribute to MapleStory Universe's development. This includes support for Genesis Points, NXPC Competition, bug bounties, Live-World-Leap, and other promotional or community-driven activities.
Liquidity Provision: To maintain sufficient market liquidity for NXPC.
Gas Sponsorship: To cover network transaction fees on behalf of users through meta-transactions, ensuring a gas-free experience for those unfamiliar with blockchain fees and lowering barriers to entry.
IP MG: This allocation fulfills the minimum guaranteed payment commitment to MapleStory, the intellectual property licensor. The licensor may redistribute a portion of this allocation to its employees.
Team: To compensate and encourage continued engagement from core contributors responsible for developing and maintaining both the MapleStory Universe and the Nexpace ecosystem.
Advisor: To compensate the key advisory team that contributed substantially to the design of NXPC's tokenomics and ecosystem.
NXPC is a native token designed to enable flexible control over a limited NFT supply within the MapleStory Universe ecosystem. By allowing players to redeem NXPC for NFT collections and convert them back into NXPC, the token establishes a dynamic connection between itself and the utility of NFTs. As demand for NXPC increases, it boosts the perceived value of related NFTs, thereby enhancing the overall player experience (RX).
The token has a fixed maximum supply of one billion and follows a distribution model similar to Bitcoin, with issuance decreasing over time. It also serves as a reward mechanism for contributors to the MapleStory Universe, with NXPC distributed based on users’ contribution points—an evaluation of their efforts in promoting NFT use and ecosystem growth.
NXPC supports smart contract-based interchangeability with both NFTs and NESO, a token with a fixed conversion rate similar to the ETH/wETH relationship. This design allows organic regulation of NFT circulation and reinforces the decentralized nature of the ecosystem, ensuring fair access and utility for all participants.