BitHappy
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Treasure DAO chief contributor John announced that due to deteriorating financial conditions, the operation of the game and Treasure Chain will be terminated.
I just learned that Treasure's previous vision was to be the Nintendo of Web3.
What is Nintendo? Gameplay and creativity are what define Nintendo.
After Nintendo's release of Switch 2 on version 4.2, it was met with widespread criticism, and the stock price subsequently fell, which corresponds to Treasure's version 4.3 self-revelation time, so it's somewhat in sync, sigh.
I heard they were transitioning to AI and liquidated my $MAGIC holdings, and now seeing it drop over 80%+, I definitely sold at a high point.
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Currently, Treasure's annual operating expenses are approximately $8.3 million, while the treasury has only $2.4 million left, which is expected to last until July 2025.
If they can withdraw the idle $785,000 from market maker Flowdesk, the operating time may be extended until February 2026.
I just learned that Treasure's previous vision was to be the Nintendo of Web3.
What is Nintendo? Gameplay and creativity are what define Nintendo.
After Nintendo's release of Switch 2 on version 4.2, it was met with widespread criticism, and the stock price subsequently fell, which corresponds to Treasure's version 4.3 self-revelation time, so it's somewhat in sync, sigh.
I heard they were transitioning to AI and liquidated my $MAGIC holdings, and now seeing it drop over 80%+, I definitely sold at a high point.
____________
Currently, Treasure's annual operating expenses are approximately $8.3 million, while the treasury has only $2.4 million left, which is expected to last until July 2025.
If they can withdraw the idle $785,000 from market maker Flowdesk, the operating time may be extended until February 2026.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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