Treasure DAO Implements Restructuring to Extend Financial Stability

Treasure DAO, facing mounting financial pressure, has announced a restructuring plan to manage operating costs and sustain its operations beyond 2025. This strategic move aims to optimize the DAO’s efficiency while maintaining its core focus on projects like Bridgeworld and Smolworld. John, a veteran of blockchain gaming, will lead this effort, prioritizing the development of these vital components for long-term sustainability. 💰 đŸ•šī¸ The DAO currently faces substantial operating expenses ($8.3 million annually), prompting adjustments to stabilize its finances by withdrawing idle funds and streamlining operations. This restructuring may impact activity in related ecosystems, while ensuring stability within the MAGIC token market remains a crucial objective. The DAO’s treasury management and usage of the MAGIC token are central pillars in this financial reshaping. 🔑 The restructuring effort reflects the need for organizations to focus on core products while maintaining token market stability and community engagement. Strategically planned conference calls will foster collaboration and support among members during this transition.