Nexon takes 20-year-old MapleStory to Web3 with Haechi’s help


nexon, one of the largest gaming companies in the world, web3 is entering like some of its peers in Asia, The developers of MapleStory are building a blockchain-powered ecosystem based on the 20-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.

About 160,000 people in South Korea are still playing the company MapleStory. wrote Recently in a blog citing data from Korea MapleStory.

Blockchain games have been popping up everywhere in the last two years, but only a few have been able to enter the mainstream and even popular games, earn money for playing games like axe infinityare short lived.

Nexon pledges to build a more sustainable crypto game. “There was a time when the notion of ‘blockchain = P2E’ was widely accepted, and there was a lot of talk about using blockchain to build games,” a Nexon spokesperson told TechCrunch in a text message. There were things.”

“But since then, the market has changed, and there are more creators who want to seriously develop games using blockchain.”

It’s too early to say whether MapleStory N, Nexon’s first blockchain game, and MapleStory Universe, the NFT ecosystem based on the IP of the classic game, will ever reach the heights of its Web 2.0 version. No doubt the outlook for the Nexon is good.

“MapleStory has more than 180 million cumulative global users, and even more people who love the MapleStory IP. We hope MapleStory N and MapleStory Universe will be enjoyed by many players,” said a Nexon spokesperson.

The main criticism of play-to-earn games is their flawed economies, where gamers buy NFTs only to create and sell these digital goods that they then buy. The Nexon is not going down the pyramid scheme route.

In MapleStory N, there is no cash shop and players obtain items through gameplay such as completing quests and defeating monsters. If people can’t find what they want, they can acquire items from others through the ecosystem’s secondary NFT market. Eventually, players can also trade their in-game assets on external marketplaces, according to Nexon.

Onboarding the public

Nexon is working with a handful of partners to enable its transition to Web3. The firm had already announced that digital goods from the MapleStory Universe will trade on polygon, an Ethereum scaling solution popular among game developers. Today, the South Korean gaming firm said it is teaming up with another Web3 company, Hachi LabsA crypto auditing and wallet solutions provider used by over 500 companies.

“Haichi Labs has been offering smart contract security auditing and wallet solutions for the past 5 years, so after seeing the success of AXI Infinity, many gaming companies have expressed interest in us,” company CEO Jeon-Gi Moon told TechCrunch in a written response. Started knocking on the door.

“Nowhere else do you see such a high number of executives at AAA game companies being so bullish on integrating blockchain into their games, but with South Korea.”

Most existing decentralized applications require users to log in via their crypto wallet. But what if people have no previous web3 experience? Hachi is saying face walletWhich allows users to log in to crypto games like MapleStory N through their existing accounts with Google, Facebook, Apple, Discord and Kakao.

Once logged in, users will have access to their Face Wallet accounts. Anyone using a self-custodial wallet like MetaMask knows the stress of trying to keep your 16-word seed phrase secure. Losing one’s seed phrase means permanently losing access to the wallet. Custodial solutions are easy to use, but asset owners, on the other hand, face the risk of the platform being hacked or defaced.

Face Wallet is trying to solve the custodian dilemma by offering a self-custodial wallet that allows users to log in with a six-digit password and gives them the option to recover the passcode.

It works like this: When a user creates a wallet through Face Wallet, its key is split into two encrypted “shares,” Moon explained. Share1 is stored in a secure infrastructure environment and usually also on the user’s device. Share 2 is placed in the Face Wallet team’s repository. The decrypted keys are never shared with Hachi; Moon added that neither Hatchi can decrypt any of the encrypted keys.

Haechi is not the only one trying to make self-hosted wallets more user-friendly. The Ethereum community itself is tackling this issue with a major technical upgrade called “Account Abstraction” and developers, such as Enterprise Backed Soul Walletare rushing to introduce wallets powered by smart contract capabilities.

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