Nexon Invests $100M into MapleStory
What is MapleStory?
MapleStory is an MMORPG built within the virtual world ecosystem of MapleStory Universe, launched in 2003. It boasts over 180 million registered users globally to date and is notably part of Nexon's global NEXPACE initiative.
The MapleStory Universe revolves around MapleStory NFTs as its core, allowing players to directly purchase tokens and items within the game. Players can also engage in trading with others or create their own NFTs. In-game, players can earn additional items by completing quests and defeating monsters.
The MapleStory Universe ecosystem includes:
- MapleStory N: A blockchain-powered MMORPG.
- MapleStory N Mobile: Expanding the game experience to mobile platforms.
- MapleStory N Worlds: A platform akin to The Sandbox.
- MapleStory N SDK: Tools supporting developers to create decentralized applications.
Nexon's Investment in MapleStory
Nexon, a titan in the traditional gaming industry, recently allocated a substantial $100 million investment to expand its web3 IP, MapleStory Universe. This move values the initiative at up to $27 billion USD, marking a significant milestone in the development journey of MapleStory.
In September 2023, the game achieved revenues of up to $600 million and saw an additional $55 million within just 35 days of entering the Chinese gaming market.
Furthermore, the game's NFTs will extend from PC to mobile platforms and introduce a platform similar to The Sandbox, enabling users limitless creative freedom within MapleStory N World. This promises an immensely prosperous future for Nexon in the web3 gaming market.
Specific details regarding token issuance and game launches have not been disclosed yet. However, the project is expected to provide a development roadmap update to users by the first half of 2024 for enhanced transparency and engagement.
