PANews reported on April 3 that John, the chief contributor of the blockchain game ecosystem Treasure DAO, announced that due to the deterioration of financial conditions and the reorganization, the game operation and Treasure Chain will be terminated. The document shows that its annual operating expenses are as high as 8.3 million US dollars, and the current treasury has only 2.4 million US dollars, which was originally expected to last only until July 2025. Faced with the pressure of survival, DAO has laid off 15 people and decided to terminate game distribution support and Treasure Chain, and assist partners to migrate to other chains. In order to extend the capital runway, John proposed to withdraw the idle 785,000 US dollars from the market maker Flowdesk. If approved, the stablecoin balance will increase to 3.2 million US dollars, and the operation can be optimistically extended to February 2026. In addition, the ecological fund holds 22.3 million MAGIC (worth 2.3 million US dollars), but if the price of MAGIC plummets, DAO may be unsustainable 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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