Name: NEXPACE
Brand: NEXPACE
SKU: NXPC
Price: 1.067 USD
Availability: InStock

Question 1

What is Nexpace (NXPC)?

Accepted Answer

Nexpace (NXPC) is a utility cryptocurrency token designed to facilitate the creation and exchange of limited NFTs within the MapleStory Universe ecosystem. It acts as a pivotal token that enables two-way exchange between NXPC and NFT collections, supports rewarding contributors to the ecosystem, and integrates with the NESO token to enhance user rewards and premium content business models within this blockchain-powered gaming ecosystem.

Question 2

What differentiates Nexpace (NXPC) from other tokens?

Accepted Answer

NXPC distinguishes itself by its tight integration with the MapleStory intellectual property (IP), allowing NFT items to be functional across multiple community-developed apps, unlike generic cryptocurrencies. It emphasizes a unique reward experience (RX) focused on player achievement and NFT rarity rather than only financial speculation. NXPC employs a two-way exchange model where NFTs and NXPC tokens can be exchanged, linking token value directly to NFT utility and rarity. Additionally, it rewards community contributions across the ecosystem with halving supply controls to encourage early and sustained participation, and works alongside a dual-token system with NESO to boost ecosystem flexibility and engagement.

Question 3

What is the utility of Nexpace (NXPC)?

Accepted Answer

The utility of NXPC lies in its role as a utility token that enables players to redeem it for NFT collections and exchange NFTs back into NXPC within the MapleStory Universe. It serves as a reward mechanism for participants who contribute to ecosystem growth, with distributions reflecting individual contribution levels. NXPC also functions alongside the NESO token to underpin user rewards and premium content, facilitating a vibrant, player-driven economy where NFTs have meaningful rarity and utility across connected apps and marketplaces.

Question 4

What does the Nexpace (NXPC) whitepaper promise?

Accepted Answer

The NXPC whitepaper promises a novel ecosystem where NXPC acts as a utility token enabling a two-way exchange system between tokens and NFTs within the MapleStory Universe. It introduces a contribution-based reward mechanism with halving schedules inspired by Bitcoin to gradually reduce issuance over time, thus encouraging early and ongoing participation. The whitepaper emphasizes integration with the NESO token for broader app and marketplace utility, NFT tokenomics focused on rarity and defined supply caps, and an ecosystem growth strategy that rewards community-driven development and collaboration.

Question 5

What consensus mechanism does Nexpace (NXPC) use?

Accepted Answer

The Nexpace (NXPC) cryptocurrency uses the Avalanche L1 blockchain platform as its technical foundation. Avalanche is a highly scalable Layer-1 blockchain known for fast transaction speeds, facilitating seamless and efficient gaming experiences within the MapleStory Universe ecosystem. This blockchain infrastructure enables secure and efficient asset transactions but no specific consensus mechanism like Proof of Work or Proof of Stake is directly mentioned in the sources provided. For detailed technical architecture, please refer to the Nexpace docs and the MapleStory Universe overview.

Question 6

Who created Nexpace and why?

Accepted Answer

The cryptocurrency Nexpace (NXPC) was created by NEXPACE, a blockchain company based in Abu Dhabi. NEXPACE developed and publishes the MapleStory Universe, which integrates blockchain technology into the iconic MapleStory IP to expand and enhance interactive entertainment. The goal was to create a community-driven ecosystem that empowers players and developers as co-creators through NFT integration and blockchain, fostering transparency, security, and trust. This vision redefines gaming by blending IP expansion with decentralized digital ownership, as explained in the MapleStory Universe overview and NXPC whitepaper.

Question 7

How do I use the Nexpace (NXPC) token?

Accepted Answer

The Nexpace (NXPC) token is used primarily as a utility token within the MapleStory Universe ecosystem. It facilitates the creation and exchange of limited NFTs, enabling players to redeem NXPC for NFT collections and exchange these NFTs back into NXPC, ensuring liquidity and interchangeability. NXPC also serves as a reward token distributed to contributors who help expand the ecosystem, promoting active participation. It works alongside the NESO token, which can be converted to NXPC and is used for user rewards and premium content across apps and marketplaces. This use case emphasizes enhancing player experience and NFT rarity within the gaming ecosystem. More details can be found in the NXPC whitepaper.

Question 8

Where do I buy the Nexpace (NXPC) token?

Accepted Answer

You can buy the cryptocurrency Nexpace (NXPC) token on centralized and decentralized exchanges. For example, Gate.io supports buying NXPC with multiple options such as Apple Pay, cards, Google Pay, and bank transfers through spot trading, margin trading, and futures. This platform enables you to trade NXPC with USDT and also convert to other cryptocurrencies. To explore trading options and make purchases, visit the trading sections on platforms like Gate.io which offer NXPC markets and trading pairs.

Question 9

What problem or need does Nexpace aim to address?

Accepted Answer

Nexpace aims to address the need for a dynamic and immersive gaming ecosystem by integrating blockchain technology with the iconic MapleStory intellectual property (IP). It resolves challenges around digital ownership and enhances player engagement by enabling the creation, exchange, and utility of NFTs within the MapleStory Universe. This allows players to truly own, trade, and interact with digital assets securely. Through a contribution-based reward mechanism and a dual-token system with NESO, Nexpace fosters community-driven growth, incentivizes meaningful participation, and supports a sustainable, decentralized economy that enhances the player experience beyond mere financial speculation.

Question 10

Is the Nexpace (NXPC) open-source, and can I review its code?

Accepted Answer

The provided supporting documents do not specify whether Nexpace (NXPC) is open-source or if its code is publicly available for review.

Question 11

How was the Nexpace (NXPC) token generated?

Accepted Answer

The Nexpace (NXPC) token is generated as a utility token within the MapleStory Universe ecosystem, designed to facilitate NFT creation and exchange. NXPC tokens are periodically rewarded to participants contributing to ecosystem growth through a contribution-based reward mechanism. This reward supply decreases over time following a halving schedule similar to Bitcoin's, encouraging early and sustained engagement. Additionally, the dual-token system pairs NXPC with NESO, a transparently convertible game token used across apps and marketplaces to support user rewards and premium content.

Question 12

What is the Nexpace (NXPC) transaction speed and scalability?

Accepted Answer

Nexpace (NXPC) operates on the Avalanche layer-1 blockchain, which is known for its high scalability and fast transaction speeds. Avalanche provides a robust infrastructure that ensures seamless gaming experiences even during peak transaction periods, supporting secure and efficient asset transactions within the MapleStory Universe ecosystem.

Question 13

Is Nexpace (NXPC) environmentally friendly in terms of energy consumption?

Accepted Answer

While the documents do not provide specific information on the energy consumption or environmental impact of Nexpace (NXPC), its operation on the Avalanche blockchain, which is a proof-of-stake based platform, generally implies significantly lower energy usage compared to traditional proof-of-work blockchains. This suggests Nexpace benefits from environmentally friendly blockchain technology.

Question 14

What is the governance model for Nexpace (NXPC)?

Accepted Answer

The governance model for Nexpace (NXPC) includes a community-driven reward mechanism where NXPC tokens are periodically rewarded to participants based on their contributions to the ecosystem's expansion. Rewards are distributed equally among all contributors, including the project team, and the total reward amount follows a halving schedule similar to Bitcoin. This approach promotes shared growth and aligns the community's interests in the ongoing development and sustainability of the ecosystem.

Question 15

What are the long-term goals and vision for Nexpace?

Accepted Answer

Nexpace's long-term vision is to expand and enhance the iconic MapleStory IP through blockchain integration, creating a community-driven, transparent, and interactive gaming ecosystem called MapleStory Universe. It aims to empower players as co-creators through NFT ownership and trading, fostering a sustainable digital economy across multiple community-developed applications. By leveraging cutting-edge blockchain technology and promoting user engagement, Nexpace strives to redefine the interactive gaming experience and ensure the MapleStory IP remains vibrant and relevant for generations to come.

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NEXPACE Price

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Market Stats

What is Nexpace (NXPC)?

What differentiates Nexpace (NXPC) from other tokens?

What is the utility of Nexpace (NXPC)?

What does the Nexpace (NXPC) whitepaper promise?

What consensus mechanism does Nexpace (NXPC) use?

Who created Nexpace and why?

How do I use the Nexpace (NXPC) token?

Where do I buy the Nexpace (NXPC) token?

What problem or need does Nexpace aim to address?

Is the Nexpace (NXPC) open-source, and can I review its code?

How was the Nexpace (NXPC) token generated?

What is the Nexpace (NXPC) transaction speed and scalability?

Is Nexpace (NXPC) environmentally friendly in terms of energy consumption?

What is the governance model for Nexpace (NXPC)?

What are the long-term goals and vision for Nexpace?

SwissBorg Indicators

Technical Analysis

Exclusive tools

Automate your investment today!

Receive notifications when NEXPACE reaches certain prices.

Begin your Borger Journey today with the SwissBorg app!

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