Four months after launch, MapleStory N shows steady growth in wallet activity, token decline, and changing NFT market dynamics as Nexpace builds the MapleStory Universe.
It has been four months since Nexon, through its UAE-based subsidiary Nexpace, launched MapleStory N alongside the Henesys blockchain. As the company’s first blockchain-based title, the game has drawn attention within the web3 gaming sector for its integration of tokens, NFTs, and its broader role in shaping the MapleStory Universe.
MapleStory N Performance Review
According to BlockchainGamer - since launch, daily activity measured by unique wallets has gradually increased, demonstrating steady growth in player engagement. However, this growth has not been without setbacks. A significant dip occurred in June 2025 when Nexpace initiated large-scale account bans in response to bot activity. To address this issue, the company introduced a Credit Level system requiring either the holding of 10 NXPC tokens or successful KYC verification to continue accessing the game.
In recent weeks, Nexpace confirmed the removal of an additional 20,000 accounts for using in-game macros. Despite these enforcement actions, activity has continued to rise, with weekly peaks typically occurring on Sundays, suggesting consistent engagement among legitimate players.
MapleStory N Performance Review
The performance of the NXPC token provides another lens to assess the game’s progress. Since its launch in May, NXPC has experienced a 74 percent decline in value. While this drop appears steep, it aligns with broader market patterns across blockchain gaming tokens in 2025 and should be viewed within that context rather than as an isolated weakness.
The decline in NXPC has nevertheless influenced NFT activity within MapleStory N. Over the past 30 days, NFT trading volume measured in the in-game NESO token has fallen from approximately 1 trillion NESO to about 550 billion NESO. When considered in US dollars, the decrease has been sharper, with monthly trading volumes declining from over 10 million dollars to around 4 million dollars.
Four months represents a relatively short time frame to evaluate the long-term potential of a blockchain game. Still, the early results highlight both encouraging signs and areas of concern. Player activity has grown steadily despite challenges with bots, while token and NFT markets have shown notable declines. This contrast reflects the ongoing challenges in balancing engagement, regulation, and economic stability within web3 gaming.
MapleStory N Performance Review
Nexpace has outlined broader ambitions beyond MapleStory N, describing its vision for a MapleStory Universe that incorporates multiple games and applications. A key part of this strategy is enabling third-party developers to create and monetize projects within the ecosystem.
Keith Kim, Chief Operating Officer at Nexpace, described this approach as an effort to build an “Infinite IP Playground,” where intellectual property evolves through player interaction and creativity. Planned features include allowing players to use mechanics such as item enhancement directly through the web, without the need to log into the full game. These steps are designed to make the MapleStory experience more accessible for casual participants while expanding opportunities for developer involvement.
What is MapleStory N?
MapleStory N is Nexon’s first blockchain-based game, developed and operated through its UAE-based subsidiary Nexpace. It integrates tokens, NFTs, and player-owned assets as part of the broader MapleStory Universe initiative.
How has player activity changed since launch?
Daily active unique wallets have grown steadily, though the game experienced a temporary decline in June due to bot-related account bans. Activity continues to peak weekly, especially on Sundays.
What has happened to the NXPC token value?
Since its launch in May 2025, the NXPC token has declined by about 74 percent. This mirrors wider trends across blockchain gaming tokens and is not unique to MapleStory N.
How is the NFT market performing?
NFT trading volume has declined over the past four months. In NESO terms, the 30-day trading volume has dropped from 1 trillion to around 550 billion. In US dollar terms, the decrease has been sharper, from more than 10 million dollars to around 4 million dollars.
What are Nexpace’s future plans for MapleStory N?
Nexpace intends to expand the MapleStory Universe with additional games and applications. The company also plans to allow third-party developers to create content within the ecosystem, aiming to make participation more flexible and accessible for both players and creators.
About the author
Eliza Crichton-Stuart
Head of Operations
Updated:
September 21st 2025
Posted:
September 21st 2025