Nexon推出了“ Maplestory Universe”……这将是Web3游戏中创新的转折点吗？

Nexon的代表性IP“ MapleStory”于5月15日成为区块链游戏“ Maplestory Universe（MSU）”的新外观。

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月的第三周，虚拟资产市场显示出略有增长，某些项目表现出强烈的上升趋势。比特币收于103,749美元，比上周上涨0.5％，有效地在一定范围内移动，而以太坊飙升了15.5％，达到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.

以太坊价格的飙升在很大程度上归因于维塔利克·布特林（Vitalik Buterin）所指出的需要简化以太坊的设计并更清楚地表达其方向，以及Pektra升级是反对过度下降的反弹触发，改善了供应和对代币的需求。

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.

本周，美国四月消费者价格指数（CPI）宣布和美国 - 中国关税降低是备受关注的焦点。与去年同期相比，CPI增长了2.3％，略低于预期（2.4％），标志着自2021年2月以来的减速水平最低。

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宣布后，特朗普总统立即说：“没有通货膨胀”，再次向美联储降低了利率。市场将其解释为缓解美联储的收紧负担，并对整体风险资产做出积极反应。

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，一些专家指出，关税增加的实际影响尚未完全实现，此时仍然需要“谨慎的乐观主义”。此外，日内瓦的谈判导致美国和中国之间达成协议，暂时减少彼此的高关税90天，从而减轻了贸易风险。

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

然而，包括比特币在内的主要资产似乎已经在这一期望中定价，导致价格略有上涨。

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

Nexon启动“ Maplestory Universe” ...这将是Web3游戏中创新的转折点吗？

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还列在诸如Binance，Upbit和Bithumb之类的主要交易所中，引起了市场的兴趣。

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旨在直接解决传统Web3游戏的问题，例如令牌学的崩溃，过度通货膨胀和缺乏内容。通过将总代币的97％分配给社区并提供允许用户创建内容和接收奖励的SDK，它旨在实现社区主导的IP扩展结构。用于捆绑交易项目的“篮子系统”以及$ NXPC和NESO之间的固定汇率结构被视为一种令牌设计，以维持流动性和价值。

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对将现有的Maplestory IP的强狂热和内容生产能力无缝连接到Web3系统产生了期望。但是，仍然存在重大挑战，例如某些领域的服务限制，包括国内地区以及机器人问题，导致人们对未来的运营方向的关注。

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

SEC主席保罗·阿特金斯（Paul Atkins）：“链上资产过渡是不可避免的……对发行，监护和交易的全面改革”

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.

美国证券交易委员会（SEC）主席保罗·阿特金斯（Paul Atkins）在第四次加密监管圆桌会议上宣布了虚拟资产市场的新政策指导。

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.

这次会议是以“链资产时代到来”为主题举行的，阿特金斯将令牌证券的经济潜力比作数字音乐行业的出现。他补充说：“我们将研究监管修订，使美国成为世界领先的数字资产市场。”

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

SEC概述了三个关键领域的特定改进方向：发行形式的改革，放松监护法规和交易结构的创新。

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.

特别是关于发行的，SEC确定现有的证券注册表（如S-1表格）不适合虚拟资产，并宣布了建立专用注册表和豁免系统的计划。

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.

在托管部门中，它提到了计划废除备受推测的会计法规（SAB 121），并通过改进自我客户和专业经纪交易商系统来降低行业进入障碍。

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).

对于交易，它还正在考虑引入“超级应用程序”模型，该模型可以使证券和非安全性的集成交易以及替代交易系统（ATS）的监管修订（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.

阿特金斯主席强调：“我们不会像过去那样通过监管来扼杀创新，”强调了建立一个合理的监管框架的必要性，该框架可以涵盖现有系统中数字资产的发行，监护和交易。

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

这一公告很重要，因为它可以成为美国加密货币市场再次飞跃的转折点