Treasure DAO funding chain extended to autumn 2026, but does not include the MAGIC Treasury

PANews reported on May 4 that @smoldev__ , co-founder of blockchain gaming ecosystem Treasure DAO , posted that Treasure has extended its USDC funding chain to the fall of 2026 , excluding the MAGIC treasury being restored. More information will be released in Monday's quarterly report.

Earlier on April 3 , 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 left, 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 the game distribution support and Treasure Chain , and assist partners to migrate to other chains.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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