Nexon, one of the biggest gaming companies in the world, is wading into web3 like some of its peers in Asia. The developer of MapleStory is creating a blockchain-powered ecosystem based on the twenty-year-old massively multiplayer online game, where players can trade in-game assets like outfits, equipment and virtual pets in the form of non-fungible tokens.
Around 160,000 people in South Korea are still playing MapleStory today, the company wrote recently in a blog citing data from KMS.
Blockchain games have been cropping up everywhere in the past two years, but few have entered the mainstream and even the popular ones, like the play-to-earn game Axie Infinity, have been short-lived.
Nexon pledges to create more sustainable crypto games. “There was a time when the perception of ‘blockchain = P2E’ was widely accepted, and there was a lot of talk about using blockchain to make games that make money,” Angela Son, Nexon’s blockchain business development and partnership lead, told TechCrunch in a text message.
“But since, the market has changed, and there are more creators who want to use blockchain to seriously develop games.”
It’s still too early to say if MapleStory N, Nexon’s first blockchain game, and MapleStory Universe, the NFT ecosystem based on the classic game’s IP, will ever reach the heights of their web2 version. Nexon has a rosy outlook, of course.
“MapleStory has more than 180 million accumulative global users, and there are even more people who love the MapleStory IP. We anticipate that MapleStory N and MapleStory Universe will be enjoyed by many players,” said Son.
The main criticism of play-to-earn games is their flawed economies, where gamers purchase NFTs only to create and sell these digital goods to those who
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