Treasure is facing a financial crisis and will undergo restructuring, leading to the termination of game operations and Treasure Chain.

On April 3rd, John, the chief contributor of the blockchain gaming ecosystem Treasure DAO, announced that due to the deteriorating financial situation, a restructuring would be carried out, resulting in the termination of game operations and Treasure Chain. Documents indicated that the annual operating expenses reached as much as 8.3 million USD, while the current treasury only held 2.4 million USD and was originally projected to last only until July 2025. The chief contributor John resumed a leadership role and disclosed that the team had once reached a size of 40 people, with an annual personnel cost of 6.1 million USD and infrastructure costs of 3 million USD, including a fixed annual cost of 450,000 USD for Treasure Chain. Faced with survival pressure, the DAO laid off 15 people, decided to terminate game issuance support and Treasure Chain, and assisted partners in migrating to other blockchains. To extend the funding runway, John proposed withdrawing 785,000 USD of idle funds from the liquidity provider Flowdesk. If approved, the stablecoin balance would increase to 3.2 million USD, allowing operations to optimistically continue until February 2026. In addition, the ecosystem fund held 22.3 million MAGIC tokens (valued at 2.3 million USD). However, if the MAGIC price experienced a sharp decline, the DAO might find it difficult to sustain between December of this year and February next year. Future strategies will focus on four key products: Market, Bridgeworld, Smolworld, and AI Agent Expansion Technology. The goal is to showcase the application potential of MAGIC through Smols and Bridgeworld and develop the Neurochimp agent to enhance market competitiveness. Community conference calls and governance proposals are forthcoming, including retiring Treasure Chain and adjusting market positioning, etc. The aim is to reverse the current decline through streamlined operations.