Tokyo, Monday, April 15, 2024 – South Korean gaming giant Nexon Korea Corp. expanded its presence in the online gaming industry in the United Arab Emirates (UAE) last year, a report said on Sunday, March 24. 1
Since the Middle East is known as the hub of cryptocurrencies and Web3 games, Nexon is dedicated to delivering its features to the UAE market, prospecting to demand Nexon ignition.
Around 2% of cash reserves were allocated for $100 million worth of Bitcoin purchases in 2021, expecting to venture into the blockchain space.
- Nexon: https://www.kedglobal.com/blockchain/newsView/ked202403250005))
This initiative is comprised of a couple of UAE-based subsidiaries, Nexon Universe Global and Nexpace, which would strategically accelerate Nexon’s presence in the blockchain gaming industry.
The significant gaming project in Nexon growth, “Nexpace,” manages the intellectual property (IP) of Nexon while the integration of MapleStory IP with NFTs is being figured out.
The project “MapleStory” will be widened globally within chosen countries in 2024, aiming at the expansion of Nexon infrastructure in blockchain gaming, the source revealed. ((Nexon: https://nftgames.net/news/nexon-korean-launches-blockchain-gaming-operations-in-the-uae/[↩]
