Decentralized video ecosystem of Treasure Dao Restructuring as a “issue of survival” to expand your runway to at least February 2026.
Treasure Dao, John Patten’s main collaborator says In the film of April 2, he published to X that he resumed the leadership role and undertakes the Dao plan to improve surgery, eliminate unnecessary costs and concentrate the organization around several key projects.
“I will present it after everyone gives my opinions. I have my own thoughts, but we have to make this decision as a community by long deliberation. The best ideas must on the surface,” he said.
Next chapter of the treasures ✨
We issue an official statement about our key transition, presenting the justification for changes in leadership, financial restructuring and our bold recent strategic direction.
Full details 👇 pic.twitter.com/bjwgzxc98l
– Treasure (@treasure_dao) April 2, 2025
Patten claims that as part of reducing costs to reduce the annual Treasure Dao rate of $ 8.3 million, he claims that 15 colleagues have been exempted and the support of publishing games and treasure chains will be completed.
At the same time, it proposes to withdraw $ 785,000 from the FlowDesk market manufacturer to boost the Dao treasury.
Patten claims that at the current catwalk “Stablecouins will last until around December”, but if Dao approves the withdrawal of funds from FlowDesk, this can be extended until February 2026, in the “optimistic scenario”.
The current Dao treasure has only $ 2.4 million, and the fund’s ecosystem has 22.3 million magic worth $ 2.3 million, according to Patten, but if “Magic Falls” Dao is “unbalanced between December and February”.
Treasure Dao to focus on four products again
Patten claims that Dao also has to focus his energy on several key products, and future partnerships will be based on generating revenues for DAO, in which platform users will have to generate value by using the token.
“Dao should officially commit to a concentrated, improved approach only four products and four products, market, Bridgeworld, Smolworld and AI agent, scaling technology,” he said.
Related: CEO Illuvium claims that the company has gone “super thin” to speed up development
“That’s all the treasure should be until 2025. Bridgeworld and Smolworld will be useful to show how other projects use Magic Marketplace and our AI frames and facilities to launch many, many agents.”
Treasuredao, fired In 2021, services were offered to provide game publishers with access to infrastructure and advisory services to run games based on Web3.
However, Patten claims that “he did not have a scalable business model” and has not developed since Airdrop Arbitrum in March 2023.
The magic of the treasure ecosystem token has dropped by 16.5% to USD 0.0872 for the last 24 hours, According to To Coingecko. In general, the token dropped 98% after reaching the highest level of the highest level 6.32 USD on February 19, 2022.
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