Latest news with #MapleStory
Straits Times
01-08-2025
- Business
- Straits Times
From Normal (Technical) to PhD: Computer engineering professor among 167 MOE scholarship recipients
Sign up now: Get ST's newsletters delivered to your inbox Assistant Professor Ernest Tan was among 21 recipients of the Singapore Teaching and Academic Research Talent Scheme Awards. SINGAPORE - Computer games like MapleStory and Counter-Strike first sparked 16-year-old Ernest Tan's curiosity about how computers communicated with each other. This fascination drove him to persevere through a longer education path as a Normal Technical student. 'Academically, I was quite weak. Ironically, my weakest subject was mathematics,' the now 37-year-old Assistant Professor at Singapore Institute of Technology (SIT) said. But he enjoyed what he was studying, he said. 'I just wanted to do the best that I could.' Nearly two decades later, he is now a lecturer in SIT's Infocomm Technology cluster, working on research and teaching undergraduates. Asst Prof Tan, who earlier completed his doctorate in Computer Engineering at Nanyang Technological University (NTU) in 2020 , said he was not discouraged by the longer journey. 'It's purely passion,' he said. 'If I have to go a longer route to have my education, I'll just have to take it as part of the journey.' Top stories Swipe. Select. Stay informed. Tech Reporting suspected advanced cyber attacks will provide a defence framework: Shanmugam Singapore Tanjong Katong sinkhole: Affected road will open progressively to motorists from noon on Aug 2 World Trump modifies reciprocal tariffs ahead of deadline; rate on Singapore remains at 10% Business Singapore's US tariff rate stays at 10%, but the Republic is not out of the woods yet Singapore Thundery showers expected on most days in first half of August Singapore Synapxe chief executive, MND deputy secretary to become new perm secs on Sept 1 Singapore 5 women face capital charges after they were allegedly found with nearly 27kg of cocaine in S'pore Business Sumo Salad had valid insurance coverage for work injury claims: MOM After completing his N Levels at Ang Mo Kio Secondary School in 2004, he pursued a Nitec Communications Technology course at the Institute of Technical Education. He then studied engineering at Singapore Polytechnic and later at NTU . 'Even when I first started university as an undergraduate, I had no idea if I could graduate,' he said. Asst Prof Tan was among 21 recipients of the Singapore Teaching and Academic Research Talent Scheme Awards, which support Singaporeans pursuing academic careers at local universities. The award, given by the Ministry of Education, will fund recipients' undergraduate or postgraduate studies at local or overseas institutions before they return to pursue their academic or research careers in Singapore. He was awarded alongside 146 students who received on August 1 the MOE Teaching Scholarships and MOE Teaching Award, given to those who have passion for education and teaching. Recipients of these scholarships and awards will be sponsored for their undergraduate tuition fees and receive a monthly allowance. They will also be given opportunities to develop themselves and hone their leadership skills. All 167 recipients were recognised at MOE's scholarship ceremony held at Sands Expo & Convention Centre - the first time all awardees were brought together under one event. Previously, the ceremonies were held separately. In a speech at the event, Education Minister Desmond Lee encouraged recipients to explore different experiences, keep learning, and work with others who have fresh perspectives. Singapore must 'innovate from within' to meet learners' needs, he said, citing initiatives like full subject-based banding to allow students to learn at their own pace and aptitude-based admissions to the universities. 'Seek out paths less explored, talk to people very different from yourselves, and try things you may not naturally be inclined to,' Mr Lee said. 'This will let you better understand our learners' diverse life experiences and starting points, and help realise their potential.' Educators also need to develop their professional capabilities too, so Singapore's education system can respond to changes like artificial intelligence , said Mr Lee. 'MOE will actively support and invest in you throughout your career,' he said, adding that teachers will receive training in foundational skills and mentorship . University academics will get to engage with the public sector and other academic figures on public policy issues, to better understand Singapore's challenges and opportunities. Education Minister Desmond Lee (front row, right) at MOE's scholarship ceremony on Aug 1. ST PHOTO: MARK CHEONG Mr Lee said there i s also value in working with partners and other professionals. 'They can present novel perspectives to our learners, expose them to the world outside the classroom, and even guide them to think about their future aspirations,' he said. On being granted his award, Asst Prof Tan credited his mentors and time at A*Star, where he met brilliant minds from academia, industry, and government. Now at SIT, his research focuses on developing smaller, faster AI models that run closer to users rather than relying on slower cloud systems. He aims to build smart, efficient algorithms for use in industries like manufacturing, transport, and healthcare. 'I hope to also use this opportunity to marry my research with teaching, because this area is rapidly evolving,' he said. To encourage students on a similar path, Asst Prof Tan said they should start by identifying what they do not want to do, before they can discover their real interests. 'Everybody's journey is different,' he said, adding that his focus throughout was simply to do the best he could. 'I really had no idea how far I can push myself.'
Business Insider
28-07-2025
- Business
- Business Insider
MapleStory Universe Expands Infinite IP Playground Vision with Developer Tools and Legacy IP Expansion
With the onboarding of APIs, builder momentum and new IP, NEXPACE continues to drive efforts in turning players into builders and IP into ecosystems. MapleStory Universe (MSU), the blockchain-powered expansion of Nexon's game IP, today announced a series of new developments that bring to life its Infinite IP Playground (IIPP) vision through Meta play. These include the roll out of new developer infrastructure, the first of its enhancement API, and the reveal of the next Nexon IP to onboard into the ecosystem. MSU's Infinite IP Playground in Action The IIPP vision has always been about expanding the boundaries of play, from locked-in gameplay loops to open-ended systems where players and builders can co-create experiences. With recent developments, users and the community alike can get a glimpse into what this future looks like: with a focus on infrastructure, builder momentum and cross-IP scalability. 'The Infinite IP Playground isn't just an idea, it's becoming an ecosystem,' said Sunyoung Hwang, CEO of NEXPACE. 'From game logic APIs to builder tools, from new IPs to open infrastructure, MSU is laying the groundwork for a gaming model where creativity, ownership, and community are core.' Ecosystem Expansion: APIs, Builders and Infrastructure As part of its infrastructure expansion, MSU has activated its first gameplay logic API focused on item enhancement, a familiar progression mechanic from MapleStory. Going live on 29 July, Smithy will be the first prototype of Meta play Services to complete and test the enhancement API in a live environment, laying the foundation for more flexible, community-driven possibilities. Smithy also opens the door for future builders to create services using that same enhancement logic, from strategic tools to creating entirely new user experiences. This is the first step in a broader plan to open up other core gameplay pillars through APIs within the upcoming Builder Center, allowing builders to explore, expand and innovate beyond MapleStory's original boundaries. Leveraging on Builder Ecosystem Momentum Since opening its API access, more than 50 independent teams have started building within the MSU ecosystem, including dashboards, guild tools, prediction apps, and marketplace services. Some of these builders' work has already gone live, providing data-driven support and analysis to players. To further support this builder momentum, MSU is rolling out the following infrastructure upgrades: Builder Center: A new portal for developers onboarding, API integration, and modular on/off-chain tools. (Q4 2025) Permissionless Chain: A blockchain layer open to any builder to deploy smart contracts and dApps within the MSU ecosystem Chainlink CCIP integration: Enabling secure cross-chain interactions to expand user experience by supporting seamless use of digital items across different chains MSU has also confirmed the creation of an ecosystem fund to support early-stage projects aligned with the Infinite IP Playground vision. It will support initiatives across Meta play, SocialFi, AI-enhanced gameplay, and community tooling. New IP will Join the Nexpace's Ecosystem Building on the foundation laid by MapleStory Universe, another one of Nexon's iconic game franchises will be the next IP to integrate into the ecosystem, introducing new gameplay formats and creator possibilities. While details will be shared progressively, this signals NEXPACE's commitment to supporting diverse Nexon IP experiences as a multi-IP platform, built not just for one title but for a future where legacy franchises evolve through community-driven innovation. Looking ahead, these developments will be part of MSU's broader 2025 roadmap: August: Launch of ecosystem support policies and additional API enhancements September–November: Rollout of third-party Synergy Apps and services onboard December: Launch of a new Builder Center, expansion of the API suite and MapleStory N Winter Update 'These updates mark a turning point for MapleStory Universe,' added Sunyoung Hwang, CEO of NEXPACE. 'We're not just adding tools or onboarding new IPs, we're building the foundations of a platform where players and builders can shape the future of web3 gaming worlds together.' About NEXPACE NEXPACE, an innovative blockchain company based in Abu Dhabi, pioneers an IP-expansion initiative powered by blockchain technology and NFTs to build a community-driven ecosystem. With a mission to redefine interactive entertainment, NEXPACE creates a vibrant space for exploring, sharing, and engaging with diverse content and gameplay crafted by community members. At the heart of NEXPACE's ecosystem are principles of transparency, security, and trust, empowering creators to freely share their ideas and enabling users to enjoy immersive experiences. By fostering a culture of creative expression, NEXPACE envisions a secure, collaborative environment that unites ecosystem participants in a thriving digital community. Contact Bee Shin
Korea Herald
24-07-2025
- Entertainment
- Korea Herald
Festival celebrating MapleStory to be held in Taipei, LA
Popular game festival set to go global after 2024 debut in Ilsan South Korean gaming company Nexon announced plans to bring its flagship massively multiplayer online role-playing game MapleStory to fans in Taipei and the US with the upcoming global festival, "Maple Con 2025." Marking the game's 20th anniversary, the event aims to foster community engagement through interactive programs that allow players to share memories and emotional connections forged through the game. "Maple Con 2025 Taipei," scheduled for August 2-3 in Taipei, Taiwan, will offer a diverse lineup including an official merchandise store, game-themed installations and photo booths, a merchandise customization experience, a user-driven stage event and a marketplace dedicated to fan-created MapleStory works. Nexon also announced plans to set a new Guinness World Record by assembling 'the largest human orange mushroom' with over 2,000 participants at the event. This follows a 2017 Taipei event where the company set the record for creating the largest human maple leaf, with 1,558 people forming the shape while wearing red hoodies. The festival will continue in the US with "Maple Con Los Angeles 2025" slated for late October, featuring a range of attractions celebrating two decades of MapleStory. Additional details are expected to be announced in the coming months. The inaugural "Maple Con," held in December at Kintex in Ilsan, Gyeonggi Province, drew roughly 10,000 attendees over three days, highlighting the enduring enthusiasm for the franchise. With a worldwide user base estimated at 150 million, MapleStory is one of the most popular Korean games. By expanding "Maple Con" internationally, Nexon said it aims to reinforce the brand's presence and further develop the MapleStory IP both domestically and abroad.
Korea Herald
22-07-2025
- Entertainment
- Korea Herald
Nexon's Maple Con goes global for 20th anniversary
Nexon said Tuesday that it will host 'Maple Con 2025,' a global festival celebrating its hit game MapleStory, in Taiwan this August and in the US this October. The event was first held in December 2024 at Kintex in Ilsan, just outside of Seoul, attracting 10,000 visitors over three days. This year, the event will expand overseas to celebrate the 20th anniversary of MapleStory's service in both Taiwan and the US. The game has earned massive global popularity, reaching approximately 150 million registered users outside of Korea. Nexon aims to use the event as a platform to further grow its international fanbase and solidify MapleStory as a leading global intellectual property. Maple Con 2025 Taipei will take place Aug. 2-3, featuring official merchandise stores, Maple Island-themed installations and photo booths, a stage program for fan participation and a marketplace for fan-made works. The event will also attempt to set a Guinness World Record with over 2,000 participants forming the 'world's largest human Orange Mushroom,' a nod to the game's beloved mascot. Maple Con Los Angeles 2025 will be held in late October, offering special attractions and activities to celebrate the game's two-decade legacy in North America.
Finextra
17-06-2025
- Business
- Finextra
Are we finally seeing the shift to blockchain-as-infrastructure?
0 This content is contributed or sourced from third parties but has been subject to Finextra editorial review. The real news about digital asset innovation is often drowned out by 'crypto' noise such as the collapse of FTX and the launch of Trump Coins, but what should we really be listening to? 2025 is the year that Stripe went all in, heralding reports of a stablecoin gold rush in financial services as the UK's Insolvency Service announces they have hired its first dedicated crypto intelligence specialist to help trace digital assets in bankruptcy cases. Last month, MapleStory (an online RPG with 180 million registered users worldwide and over $3 billion in revenue) launched MapleStory Universe, a blockchain version of the game with in-game currency. Is blockchain-as-infrastructure, or stablecoins-as-a-platform (pick your preferred summary) finally happening? The blockchain-banking boom Efi Pylarinou has written about how the banks are 'fighting back' in the face of a $225 billion stablecoin boom and sets out the two main strategies; the first being joining the stablecoin gold rush. There is evidence of this approach in the exploration of a joint stablecoin consortium by JPMorgan, Bank of America, Citigroup and Wells Fargo, the biggest Wall Street crypto collaboration ever. Sony Bank is also conducting a stablecoin proof-of-concept on Polygon for gaming/entertainment payments and the Bank of America CEO publicly stating readiness to issue dollar-backed stablecoin. The second strategy Efi identifies is the building of competing tokenised deposits. Examples of this approach can be seen in the launch of Asia's first tokenised deposit service by HSBC Hong Kong with Ant International (24/7 HKD/USD transfers). Also, in JPMorgan's Kinexys processing over $300 billion in tokenised deposits with EUR/USD/GBP support, and Mastercard integrating its blockchain network with Kinexys for cross-border payments. There is excitement in the US about the potential for a regulatory 'unlock' if the GENIUS Act passes. As currently drafted, if you are a 'permitted stablecoin issuer' you will be able to treat stablecoins as cash equivalents on your balance sheet. This would be radically simpler than the prudential rules and custody requirements of other financial products. UK digital asset legislation In the UK, I have been involved in the development of legislation that will accommodate a new form of property class (neither a thing in possession nor a thing in action) in common law, perhaps better reflecting the particular qualities of digital assets. Further regulatory developments are under consideration in two new consultations published by the Financial Conduct Authority (FCA) last month (May 28 2025). The papers aim to clarify the rules for businesses in the crypto space and enhance consumer protection. The first, 'Prudential Requirements for Cryptoasset Firms', focuses on introducing rules for firms – including those issuing stablecoins and safeguarding cryptoassets – that will ensure they can operate safely and withstand periods of stress. Key proposals include capital requirements made up of the higher of a permanent minimum capital threshold (£350k for issuers, £150k for custodians), a fixed overheads requirement based on annual expenditure and an activity-based 'K-factor' requirement, that scale with the firm's crypto exposure. Firms must also liquidity buffer with stress testing frameworks to simulate outflows and adverse events. The second, 'Stablecoin Issuance and Cryptoasset Custody', looks at the rules for stablecoin issuers and firms that safeguard cryptoassets. It sets out requirements to ensure that stablecoins are properly backed by secure assets, with clear provisions for redemption. It intentionally excludes unbacked or algorithmic tokens and focuses on improving consumer confidence by ensuring that firms are authorised, and introducing trust structures for backing assets, transparency and custodian obligations for firms and redemption rights for holders. The aim is to support innovation while providing strong consumer protection. Responses to the current proposals should be directed to the FCA – the consultation is open until 31 July. Inversion Chain: A case study in blockchain-as-infrastructure At a recent event I was interested in a presentation given by Santiago Santos who has recently launched a company, Inversion Chain. He was bullish about the prospect of one billion users on chain. His business model depends on acquiring traditional businesses, in this case telcos, and integrating them with blockchain technology. Inversion targets these assets (and the ready-made audiences attached) and then rewires the business. Network costs fall as traffic is off-loaded to community hotspots, payment costs drop when billing moves from card rails to stablecoin rails, back-office overhead shrinks as on-chain settlement automates reconciliation and compliance. When that's all done, Inversion 'flips a switch' in the existing top-up app. Every subscriber sees a new, dollar-denominated balance right next to their data meter. They can store savings, receive remittances, and pay merchants, all without new log-ins, tutorials, or crypto jargon. As the account rides on stablecoins in the background, users enjoy dollar stability while the company enjoys instant, low-cost settlement. By taking this approach, Inversion aims to transform everyday phone plans into the fastest bridge yet between the mainstream world and the blockchain economy. It's a fascinating case study for the blockchain-as-infrastructure story. Listening closely to how regulation in the US and the UK will shape progress in this space is of more than of interest.
