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Read more: Treasure DAO Review: The Fisrt NFT Project On Arbitrum
Development was announced in a statement that came out today, showing the Treasure DAO proposal was due to kick off on September 17. If approved, the move will see Treasure DAO shift its core operations into ZKsync’s ZK Stack technology, aiming for mid-November to go mainnet.
The transition process presented in the paper involves migrating the current testnet from Arbitrum to a new one on ZKsync, culminating in the deployment of the mainnet. The Treasure Core Developer Team emphasized that voting will be left to the community, as the team typically refrains from participating in governance decisions.
“This proposal comes after extensive internal deliberation and carefully considering Treasure’s long-term goals,” the team said.
The move is part of a wider strategic change even though the DAO has a long-standing relationship with Arbitrum. Supporters say ZKsync’s infrastructure will be more conducive to the Treasure DAO’s goals in decentralized gaming. MAGIC holders will now decide if the migration to ZKsync will happen.
The Treasure DAO ecosystem, driven by its NFTs, has been built on Arbitrum. Its flagship product is a central metaverse called Bridgeworld, containing in-game assets like Treasures and Legions. Its functional native token, MAGIC, serves as the source powering an expansive economy reaching beyond more than 30 homegrown and externally project-developed games.
This Treasure DAO proposal follows the earlier backing by Treasure’s co-founder Karel Vuong of the “Gaming Catalyst Program,” this year, which aimed to earmark 200 million ARB tokens toward the development of games on Arbitrum. After that, an Arbitrum DAO vote raised that allocation to 225 million ARB.
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