According to PANews on April 3rd, John, the chief contributor of the game ecosystem Treasure DAO, announced that due to deteriorating financial conditions and facing restructuring, they will terminate game operations and Treasure Chain. Documents show that their annual operating expenses reach $8.3 million, while the current treasury only has $2.4 million, which was originally estimated to last only until July 2025. Facing survival pressure, the DAO has laid off 15 people and decided to terminate game publishing support and Treasure Chain, assisting partners in migrating to other chains. To extend the funding runway, John proposed withdrawing $785,000 of idle funds from market maker Flowdesk. If approved, the stablecoin balance would increase to $3.2 million, potentially extending operations optimistically until February 2026. Additionally, the ecosystem fund holds 2.23 million MAGIC tokens (worth $2.3 million), but if MAGIC prices plummet, the DAO might struggle between December this year and February next year.
Treasure faces restructuring due to deteriorating financial situation and will terminate game operations and Treasure Chain
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