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Nexpace to Burn 95.7M NXPC, Cutting Circulating Supply by 30%

Nexpace will burn 95.7 million NXPC in December, about 30% of circulating supply, end weekly reward releases for 52 weeks and shut the Reactor, as wallet activity falls.

Nexpace tweaks MapleStory Universe, will burn 30% of NXPC circulating supply
WitnessNexpace tweaks MapleStory Universe, will burn 30% of NXPC circulating supplyMedienservice / pixabay

Outputs

  1. Nexpace will burn 95.7 million NXPC in December, equal to about 30% of circulating supply and roughly 10% of the 1 billion token total supply

  2. The burn covers tokens held in the protocol's Recycle Vault, which counted as circulating because Item Fusion let holders reclaim them

  3. Every weekly Contribution Reward release will be burned for at least 52 weeks, with player rewards funded from NXPC already held

  4. Nexpace is terminating Reactor, which encompasses NXPC Fission and Item Fusion; Fusion has been suspended since January 2026

  5. NXPC trades near $0.16 on CoinGecko, about 96% below its $3.77 peak; daily active wallets fell from 13,046 in June to 8,981 in October

  6. First-half 2026 protocol revenue reached 31 million NXPC against 28 million NXPC in gameplay rewards, with revenue up 15% quarter over quarter

Nexpace will destroy 95.7 million NXPC tokens in December, and the MapleStory Universe developer says the burn will cut the token's circulating supply by about 30%.

That is roughly 10% of a total supply of one billion tokens, and it removes supply that had been counted as circulating even though nobody was trading it.

Inside the game, players have already seen one of the mechanisms behind that accounting disappear. Nexpace suspended Item Fusion in January 2026. Now it says it is ending the Reactor entirely, the system that housed NXPC Fission and Item Fusion and linked the token to item NFTs.

What exactly is being burned?

The December burn targets 95.7 million NXPC sitting in the protocol's Recycle Vault. Those tokens rested in contract addresses, not on exchanges. They still counted as circulating because Item Fusion let holders pull them back into usable assets.

Burning them closes that route for good. The tokens become permanently unrecoverable instead of waiting in a vault for a future return.

Nexpace also said it will burn every weekly release it receives under its Contribution Reward allocation, for at least 52 weeks. That allocation funded in-game player rewards, and the weekly tranche now goes straight to destruction.

Rewards do not stop. The company will keep paying players out of NXPC it already holds, rather than newly released supply.

Why now?

The announcement lands after a long slide. CoinGecko shows NXPC trading around $0.16, roughly 96% below its $3.77 peak.

Use of the chain has fallen with it. Daily active wallets averaged 13,046 in June, dropping to 8,981 in October. Monthly unique active wallets sit at about 19,500.

A token with fewer circulating units and a thinning player base raises a plain question for holders: does scarcity do the work that participation cannot?

Can protocol revenue carry the rewards?

Nexpace's financial reporting gives a partial answer. In the first half of 2026, protocol revenue reached 31 million NXPC, above the 28 million NXPC paid out as gameplay rewards. Revenue grew 15% between the first and second quarters.

That surplus is the arithmetic behind the change. The company says it can fund rewards from tokens it already holds without issuing more each week, which is what makes the 52-week burn credible rather than cosmetic.

What does this change for players and holders?

For holders, the near-term effect is a smaller float and no new weekly Contribution Reward release for at least a year. For players, the practical change is the loss of the bridge between tokens and item NFTs, since Reactor covered both Fission and Item Fusion.

Burning supply can reduce dilution. It cannot bring back players or lift what they spend, and Nexpace's own restructuring points to that limit.

The test arrives on a schedule: the December burn first, then wallet activity and spending data across the 52-week window that follows.

via blockchaingamer.biz (Source)

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Marcus Bennett

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Senior reporter covering money, funding and market shifts around crypto and web3 industry at Mempool Brief.

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