With the WP upon us, what do we think of the breakdown and how we will be rewarded in the game?
https://docs.nexpace.io/ for those that haven't seen the WP yet

A quick breakdown:

NXPC Token Overview

• Total supply capped at 1 billion NXPC.

• Functions as the native token for the MapleStory Universe Layer 1 network which will be called Henesys, it has already been created as I located it in Core wallet app (formerly Avalanche wallet)
  

  

• Contribution Rewards

  • 80% of NXPC (800 million tokens) allocated to reward contributors who enhance the ecosystem.

  • Rewards distributed periodically based on contribution levels, with the total amount decreasing over time following a halving schedule similar to Bitcoin's. ​

• Assessment of Contributions

  • Contributions evaluated based on:

    • App KPIs: Metrics like user engagement and NFT utilization within applications.

    • NESO Usage: Integration and usage of NESO tokens in applications, promoting a sustainable in-game economy.

• Phased Contribution Mechanism

  • Phase 1: Initial phase with approved contributors receiving rewards based on internal evaluations.

  • Phase 2: Transition to a permissionless system where any eligible participant can contribute and receive rewards determined by automated systems. ​docs.nexpace.io

🔄 Tokenomics Summary

• NXPC and NFTs Interchangeability

  • Players can exchange NXPC for collections of NFTs and vice versa, allowing dynamic control over NFT circulation based on demand. ​

• NESO Token

  • A game token with a fixed conversion rate to NXPC.

  • Used across various applications and marketplaces within MapleStory Universe.

  • Contributors can integrate NESO into their apps for user rewards or premium content purchases. ​

• Token Allocation

  • Contribution Reward: 80% (800 million NXPC)

  • Early Community: 16.317% (163.17 million NXPC)

  • Liquidity Provision: 0.437% (4.37 million NXPC)

  • Gas Sponsorship: 0.15% (1.5 million NXPC)

  • IP Management: 2% (20 million NXPC)

  • Team: 0.696% (6.96 million NXPC)

  • Advisors: 0.4% (4 million NXPC) ​docs.nexpace.io+3docs.nexpace.io+3docs.nexpace.io+3

🌐 Ecosystem Vision

• Reward Experience (RX)

  • Central to MapleStory's appeal, focusing on the sense of achievement from obtaining items.

  • Driven by two key factors:

    • Utility: Versatility of an item across different situations.

    • Rarity: Scarcity or limited availability of an item.

• Enhancing RX through Blockchain

  • Utilizing blockchain technology to tokenize items as NFTs, enabling broader utility across applications.

  • Implementing a contribution mechanism to reward ecosystem participants, fostering growth and sustainability. ​

• Self-Sustaining Growth

  • The integration of NFTs, NXPC, and NESO, along with the contribution mechanism, aims to drive the self-sustainable growth of MapleStory Universe. ​