Gaming Giant Nexon Taps Polygon for NFT Game MapleStory Universe

Nexon, one of the biggest game publishers across Asia, is making a new one Web3 game based on the popular pixelated 2D RPG series, called MapleStory Universe – and it’s launching a private Supernet on Polygon for the new game, Nexon announced Tuesday at the Game Developers Conference in San Francisco.

MapleStory, launched in 2003, is a long-standing success story for Nexon. The game has generated more than $4 billion in revenue to date, the company said announced earlier this year, and amassed more than 180 million registered users to date. The game’s Steam page lists an even larger number of over 260 million players in total.

“We look forward to expanding NFT ecosystem envisioned by MapleStory Universe by building on Polygon,” said MapleStory Universe group leader Hwang Sun-young in a statement. “We will work closely with the team at Polygon Labs to develop and market the game.”

Polygon is an Ethereum scaling network that enables faster and cheaper transactions than Ethereum’s own mainnet. The upcoming PC game’s Polygon Supernet will allow Nexon to have its own “dedicated app chain,” Polygon Labs VP, Global Games and Platform Business Development Urvit Goel told Decrypt in an interview.

“They have the ability to scale in a way that you can’t scale on a shared blockchain,” Goel said of Nexon and its planned Supernet. “They have a very broad vision of how many transactions they think they will do daily, because the game and the IP is so big.”

Polygon’s supernet is similar in approach to Avalanche’s subnet, for example, providing a dedicated subnet for individual projects to use. They provide some customization options for creators, while isolating decentralized apps (dapps) and games from potential performance issues on the wider public network.

MapleStory Universe was announced last year and does not yet have a confirmed release date. But Goel said there will be no NFT pre-sales and players will be able to earn items as NFTs simply by playing the game.

“They don’t push for in-app purchases,” he added, referring to the microtransactions common in mobile games on iOS and Android.

MapleStory Universe is an NFT-centric game, meaning that tokenized assets will play a large role in the game itself and can be traded or transferred via the game’s marketplace. Nexon told Decrypt via email that MapleStory Universe will also eventually have its own crypto token, although the details of that have yet to be finalized.

“We plan to issue our unique coin, and specific details about this will be revealed later with our tokenomics,” the game studio said.

Nexon is both a South Korean and Japanese company, but derives the majority of its revenue from the South Korean market. And it’s not the only South Korean studio leaning into Web3, according to Polygon Labs’ Goel.

“Korea has been by far the leader from a developer standpoint,” Goel said. “If you look at the top 10 gaming companies in Korea, eight out of 10 have publicly stated that they are building something on the blockchain, which is very unique globally.”

Other major South Korean game publishers working on Web3 projects include NCSoft and Netmarble, both of which are based on emerging blockchain network Sui. Meanwhile, Krafton – the creator of the popular PUBG: Battlegrounds shooter series – is working on various blockchain initiatives, including in collaboration with Solana Labs.

In a statement, Polygon Labs president said Ryan Wyatt confirmed that South Korea is “a critical market” for Web3 games.