What Nexpace does

Nexpace is a blockchain technology company headquartered in Abu Dhabi, UAE, operating as the dedicated blockchain subsidiary of Nexon, the South Korean gaming company behind the MapleStory franchise. Founded in 2023, Nexpace manages the MapleStory Universe (MSU), a blockchain platform that extends the MapleStory MMORPG into on-chain gaming with programmable commerce and a creator-driven economy. Core products include the MSU platform, the native NXPC token (with a quarterly burn mechanism that destroys 20% of quarterly revenue), the VIBE IP tech stack offering gameplay data APIs and builder tools, and the Henesys chain, a Layer-2 blockchain infrastructure running on the Avalanche network. The platform has scaled to 3.82 million registered accounts and 150 million+ cumulative on-chain transactions, accounting for 23.3% of total Avalanche network activity. Target users are gaming creators, developers, and players building and transacting within the MapleStory Universe ecosystem.

Revenue mechanics center on tokenized transactions and ecosystem participation rather than disclosed subscription or licensing fees. In November 2025, Nexpace launched a $50 million ecosystem fund focused on AI, financial systems, and tokenized real-world assets. In May 2026, the company simultaneously unveiled MSU 2.0 — a major expansion introducing creator-driven content, programmable commerce, and the VIBE IP tech stack — alongside a $10 million NXPC buyback program over three months. Pricing for Nexpace products and services is not publicly disclosed. Go-to-market is primarily digital and event-driven, leveraging the MapleStory brand and regional gaming events such as the YGG Play Summit in Southeast Asia. Strategic capital deployments include participation as an investor in Verse8's $5 million seed round (an AI-native multiplayer game creation platform). Leadership is led by CEO Sun Hwang.

Name

Nexpace

Legal name

NEXPACE

Website

https://nexpace.io

Company type

Private

Founded year

2025

Operating status

Operating

Headcount range

11–50 employees

Short description

Nexpace is the Abu Dhabi-based blockchain subsidiary of Nexon, operating the MapleStory Universe platform on Avalanche's Henesys chain. It serves gaming creators and developers with on-chain commerce tools, NXPC token economics, and the VIBE IP tech stack.

Ownership category

akta.pro rank

Product category

Blockchain Gaming Platform

NAICS

Computer Systems Design and Related Services (54151), Computer Systems Design Services (541512)

SIC

Electronic Computers (3571), Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Web3 Game Publishing & Distribution Platforms (FSAPAGAA)

akta.pro secondary industries

In-Game Asset Standards & Infrastructure (NFT items, marketplaces, royalties, asset registries) (FSAPAGAE), Player Wallets, Identity & Accounts for Games (embedded wallets, SSO, DID) (FSAPAGAF), On-Chain Game Engines & Developer Tooling (SDKs, APIs, Unity/Unreal plugins) (FSAPAGAB), GameFi Economies & Token Systems (tokens, staking, sinks/sources, inflation control) (FSAPAGAG)

Keywords

• Blockchain gaming platform
• Web3 game development
• Gaming token ecosystem
• On-chain creator economy
• Mmorpg blockchain infrastructure

Headquarters

HQ city

Abu Dhabi

HQ country

United Arab Emirates

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Software

Cost components

Technology or R&D, Personnel, Infrastructure, Marketing or Sales, Operations

Core offering

Nexpace operates MapleStory Universe (MSU), a blockchain-based gaming platform built on the Avalanche network that extends the MapleStory MMORPG franchise into Web3. The company provides the Henesys dedicated chain infrastructure and the VIBE IP tech stack offering gameplay data APIs and on-chain builder economy tools, all powered by the native NXPC token with quarterly burn and buyback mechanisms for ecosystem sustainability.

Product overview

Nexpace operates as a blockchain platform subsidiary of Nexon, offering a unified ecosystem centered around MapleStory Universe (MSU). The core offering consists of the MSU blockchain platform with its native NXPC token, extended by the VIBE IP tech stack providing gameplay data APIs and on-chain builder tools. The Henesys chain serves as the underlying blockchain infrastructure. Together, these products enable programmable on-chain commerce and creator-driven economy features for the MapleStory gaming franchise.

Differentiator

Problem solved

Functional benefit

Brands

• MapleStory Universe (MSU): Blockchain gaming platform based on the iconic MMORPG franchise featuring on-chain commerce and creator-driven economy
• Henesys Chain
• VIBE IP Tech Stack

Products and services

• MapleStory Universe (MSU) A blockchain gaming platform developed by Nexpace (Nexon's blockchain arm based in Abu Dhabi) that extends the MapleStory MMORPG franchise into Web3. The platform enables on-chain transactions and supports registered accounts, accounting for 23.3% of total Avalanche network activity. Intended for gamers, creators, and developers participating in the MapleStory ecosystem.
• NXPC Token The native cryptocurrency token of MapleStory Universe, used for transactions within the ecosystem. The token has a quarterly burn mechanism where 20% of quarterly revenue is destroyed, and is supported by a buyback program. Aimed at participants and users of the MapleStory Universe ecosystem.
• VIBE IP Tech Stack A technology stack offering gameplay data APIs and an on-chain builder economy on the Henesys chain, positioning the MapleStory IP as infrastructure for creation, commerce, and participation. Targeted at creators and developers building on the MapleStory Universe platform.
• Henesys Chain

Quantifiable outcome

• Platform accounts for 23.3% of total Avalanche network activity
• +2 more outcomes

Segments1 record

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Two partnerships are on record, tiered core.

• YGG Play SummitcoreGTM or Marketing PartnerNexpace participated in YGG Play Summit in Southeast Asia and announced a $50 million ecosystem fund focused on AI, financial systems, and tokenized real-world assets, positioning itself as a key player in the gaming and blockchain hub.
• NexoncoreStrategic or Co-development PartnerNexpace is the blockchain arm of Nexon, leveraging the MapleStory IP for blockchain-based gaming initiatives including MapleStory Universe and MSU 2.0 expansion.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Market position

Weaknesses4 records

Competitive moat4 records

Customer concentration

• Xx.com/Nexpace_HQ
• LinkedInlinkedin.com/company/nexpace-limited

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Nexpace