Nexon推出了“ Maplestory Universe”……這將是Web3遊戲中創新的轉折點嗎？

Nexon的代表性IP“ MapleStory”於5月15日成為區塊鏈遊戲“ Maplestory Universe（MSU）”的新外觀。

In the third week of May 2025, the virtual asset market showed a slight increase, with certain items displaying a strong upward trend. Bitcoin closed at $103,749, up 0.5% from the previous week, effectively moving within a range, while Ethereum surged 15.5% to reach $2,548.

在2025年5月的第三週，虛擬資產市場顯示出略有增長，某些項目表現出強烈的上升趨勢。比特幣收於103,749美元，比上週上漲0.5％，有效地在一定範圍內移動，而以太坊飆升了15.5％，達到2,548美元。

The surge in Ethereum's price was largely attributed to Vitalik Buterin's noted need to simplify Ethereum's design and express its direction more clearly, and the fact that the Pektra upgrade served as a bounce trigger against excessive declines, improving supply and demand for the token.

以太坊價格的飆昇在很大程度上歸因於維塔利克·布特林（Vitalik Buterin）所指出的需要簡化以太坊的設計並更清楚地表達其方向，以及Pektra升級是反對過度下降的反彈觸發，改善了供應和對代幣的需求。

This week, the U.S. April Consumer Price Index (CPI) announcement and the U.S.-China tariff reductions were in the spotlight. The CPI rose 2.3% compared to the same period last year, coming in slightly lower than expectations (2.4%) and marking the lowest level of deceleration since February 2021.

本週，美國四月消費者價格指數（CPI）宣布和美國 - 中國關稅降低是備受關注的焦點。與去年同期相比，CPI增長了2.3％，略低於預期（2.4％），標誌著自2021年2月以來的減速水平最低。

President Trump, immediately after the CPI announcement, said, "There is no inflation," again pressuring the Federal Reserve for interest rate cuts. The market interpreted this as a relief of the Federal Reserve's tightening burden and reacted positively to risk assets overall.

CPI宣布後，特朗普總統立即說：“沒有通貨膨脹”，再次向美聯儲降低了利率。市場將其解釋為緩解美聯儲的收緊負擔，並對整體風險資產做出積極反應。

However, some experts point out that the actual impact of tariff increases has yet to be fully realized, and a "cautious optimism" is still required at this point. Additionally, the Geneva talks resulted in an agreement between the U.S. and China to temporarily reduce each other's high tariffs for 90 days, which alleviated trade risks.

但是，一些專家指出，關稅增加的實際影響尚未完全實現，此時仍然需要“謹慎的樂觀主義”。此外，日內瓦的談判導緻美國和中國之間達成協議，暫時減少彼此的高關稅90天，從而減輕了貿易風險。

Nevertheless, key assets, including Bitcoin, appeared to have already priced in this expectation, leading to only a slight increase in prices.

然而，包括比特幣在內的主要資產似乎已經在這一期望中定價，導致價格略有上漲。

◇ Nexon launches ‘MapleStory Universe’... Will it be a turning point for innovation in Web3 gaming?

Nexon啟動“ Maplestory Universe” ...這將是Web3遊戲中創新的轉折點嗎？

Nexon's representative IP 'MapleStory' has made a new appearance as the blockchain game 'MapleStory Universe (MSU)' on May 15. MSU is designed to issue items as NFTs for free trading, featuring a sophisticated economic structure centered on the in-game currency Nesos ($NESO) and governance token $NXPC, which includes the supply of scarce items, demand-based pricing, and a fixed exchange rate system. $NXPC is also listed on major exchanges such as Binance, Upbit, and Bithumb, attracting interest from the market.

Nexon's representative IP 'MapleStory' has made a new appearance as the blockchain game 'MapleStory Universe (MSU)' on May 15. MSU is designed to issue items as NFTs for free trading, featuring a sophisticated economic structure centered on the in-game currency Nesos ($NESO) and governance token $NXPC, which includes the supply of scarce items, demand-based pricing, and a fixed exchange rate system. $ NXPC還列在諸如Binance，Upbit和Bithumb之類的主要交易所中，引起了市場的興趣。

MSU aims to directly tackle the problems of traditional Web3 games, such as the collapse of tokenomics, excessive inflation, and a lack of content. By distributing 97% of the total tokens to the community and providing an SDK that allows users to create content and receive rewards, it aims to realize a community-led IP expansion structure. The 'basket system' for trading items in bundles and the fixed exchange rate structure between $NXPC and $NESO are regarded as a tokenomics design to maintain both liquidity and value.

MSU旨在直接解決傳統Web3遊戲的問題，例如令牌學的崩潰，過度通貨膨脹和缺乏內容。通過將總代幣的97％分配給社區並提供允許用戶創建內容和接收獎勵的SDK，它旨在實現社區主導的IP擴展結構。用於捆綁交易項目的“籃子系統”以及$ NXPC和NESO之間的固定匯率結構被視為一種令牌設計，以維持流動性和價值。

Furthermore, MSU has generated expectations for seamlessly connecting the strong fandom and content production capabilities of the existing MapleStory IP to the Web3 system. However, there are still significant challenges, such as service restrictions in some areas, including domestic regions, and issues with bots, leading to focused interest in future operational directions.

此外，MSU對將現有的Maplestory IP的強狂熱和內容生產能力無縫連接到Web3系統產生了期望。但是，仍然存在重大挑戰，例如某些領域的服務限制，包括國內地區以及機器人問題，導致人們對未來的運營方向的關注。

◇ Paul Atkins, SEC Chairperson: “On-chain asset transition is inevitable... Complete overhaul of issuance, custody, and transaction”

SEC主席保羅·阿特金斯（Paul Atkins）：“鏈上資產過渡是不可避免的……對發行，監護和交易的全面改革”

Paul Atkins, Chairperson of the U.S. Securities and Exchange Commission (SEC), announced a new policy direction for the virtual asset market at the fourth crypto regulatory roundtable.

美國證券交易委員會（SEC）主席保羅·阿特金斯（Paul Atkins）在第四次加密監管圓桌會議上宣布了虛擬資產市場的新政策指導。

The meeting was held under the theme of "the arrival of the on-chain asset era", and Atkins likened the economic potential of tokenized securities to the emergence of the digital music industry. "We will work on regulatory revisions to make the U.S. the world's leading digital asset market," he added.

這次會議是以“鏈資產時代到來”為主題舉行的，阿特金斯將令牌證券的經濟潛力比作數字音樂行業的出現。他補充說：“我們將研究監管修訂，使美國成為世界領先的數字資產市場。”

The SEC outlined specific improvement directions in three key areas: reform of issuance forms, easing of custody regulations, and innovation of transaction structures.

SEC概述了三個關鍵領域的特定改進方向：發行形式的改革，放鬆監護法規和交易結構的創新。

Specifically regarding issuance, the SEC determined that existing securities registration forms like Form S-1 are unsuitable for virtual assets and announced plans to establish dedicated registration forms and exemption systems.

特別是關於發行的，SEC確定現有的證券註冊表（如S-1表格）不適合虛擬資產，並宣布了建立專用註冊表和豁免系統的計劃。

In the custody sector, it mentioned plans to abolish the much-debated accounting regulation (SAB 121) and to lower industry entry barriers through the refinement of self-custody and specialized broker-dealer systems.

在託管部門中，它提到了計劃廢除備受推測的會計法規（SAB 121），並通過改進自我客戶和專業經紀交易商系統來降低行業進入障礙。

For transactions, it is also considering the introduction of a 'super app' model that enables the integrated trading of securities and non-securities, along with regulatory revisions of Alternative Trading Systems (ATS).

對於交易，它還正在考慮引入“超級應用程序”模型，該模型可以使證券和非安全性的集成交易以及替代交易系統（ATS）的監管修訂（ATS）。

Chairperson Atkins emphasized, "We will not stifle innovation through regulation as in the past," highlighting the need to establish a reasonable regulatory framework that can encompass the issuance, custody, and transaction of digital assets within the existing system.

阿特金斯主席強調：“我們不會像過去那樣通過監管來扼殺創新，”強調了建立一個合理的監管框架的必要性，該框架可以涵蓋現有系統中數字資產的發行，監護和交易。

This announcement is significant in that it could serve as a turning point for the U.S. crypto market to leap forward again on

這一公告很重要，因為它可以成為美國加密貨幣市場再次飛躍的轉折點