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- 📢 Gate Square #Creator Campaign Phase 2# is officially live!
Join the ZKWASM event series, share your insights, and win a share of 4,000 $ZKWASM!
As a pioneer in zk-based public chains, ZKWASM is now being prominently promoted on the Gate platform!
Three major campaigns are launching simultaneously: Launchpool subscription, CandyDrop airdrop, and Alpha exclusive trading — don’t miss out!
🎨 Campaign 1: Post on Gate Square and win content rewards
📅 Time: July 25, 22:00 – July 29, 22:00 (UTC+8)
📌 How to participate:
Post original content (at least 100 words) on Gate Square related to
- 📢 Gate Square #MBG Posting Challenge# is Live— Post for MBG Rewards!
Want a share of 1,000 MBG? Get involved now—show your insights and real participation to become an MBG promoter!
💰 20 top posts will each win 50 MBG!
How to Participate:
1️⃣ Research the MBG project
Share your in-depth views on MBG’s fundamentals, community governance, development goals, and tokenomics, etc.
2️⃣ Join and share your real experience
Take part in MBG activities (CandyDrop, Launchpool, or spot trading), and post your screenshots, earnings, or step-by-step tutorials. Content can include profits, beginner-friendl
- 🎉 Gate Square’s "Spark Program" Surpasses 1,000 KOLs!
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👉 https://www.gate.com/announcements/article/45695
- 📢 #Gate Square Writing Contest Phase 3# is officially kicks off!
🎮 This round focuses on: Yooldo Games (ESPORTS)
✍️ Share your unique insights and join promotional interactions. To be eligible for any reward, you must also participate in Gate’s Phase 286 Launchpool, CandyDrop, or Alpha activities!
💡 Content creation + airdrop participation = double points. You could be the grand prize winner!
💰Total prize pool: 4,464 $ESPORTS
🏆 First Prize (1 winner): 964 tokens
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🚀 How to participate:
1️⃣ Publish an
Altcoin Company Ends Some Operations: There is a Sharp Plummet in Price! - Coin Bulletin
Treasure DAO announced that it will terminate game operations and the Treasure Chain due to deteriorating financial conditions.
John Patten, the head of the Treasure DAO, announced that they are embarking on a major transformation to ensure the survival of the organization. This transformation will involve simplifying operations, eliminating unnecessary costs, and focusing on just a few major projects.
Patten** stated that they operate with an annual burn rate of 8.3 million dollars and announced that the current treasury is only 2.4 million dollars**. The goal is to reduce these costs with new measures.
Patten stated that with the current resources of the DAO, stablecoins will only last until December, but the withdrawal of $785,000 from Flowdesk could extend this period until February 2026. However, he noted that if the value of the Magic token decreases, the DAO would become "unsustainable between December and February."
Focus: Four products and strategic orientation
Patten announced that Treasure DAO has decided to focus on four main products for its future. These products will be; marketplace, Bridgeworld, Smolworld, and AI agent technology. These projects will form the cornerstones of the DAO's revenue-generating strategy. Patten said, "Treasure will progress only through these four products by 2025."
Significant drop in altcoin price
The price of the MAGIC token managed by Treasure DAO has dropped from $0.111 to $0.077 in the last two days, losing 30% of its value. This development is further complicating the financial situation of the DAO.