Web3 gaming ecosystem Treasure launches mainnet after DAO approves its migration to ZKsync

Web3 gaming ecosystem Treasure DAO announced the launch of its mainnet on Wednesday. A statement said: "This launch marks one of the largest ecosystem migrations in the cryptocurrency space. Treasure is moving more than 15 games, important assets (including MAGIC, ERC-20 tokens and hundreds of thousands of NFTs) from its existing ecosystem on Arbitrum to ZKsync. This migration coincides with several major upcoming TGEs and game releases planned by the network." MAGIC is Treasure's native token. Treasure said: "MAGIC tokens are the backbone of the network, facilitating transactions, governance and the overall economic landscape." DAO participants use the token in governance voting. (The Block) In September, Treasure DAO announced on the X platform that the community passed the proposal to launch the Treasure L2 network in the ZKsync ecosystem with a 99.5% support rate. According to previous plans, Treasure's testnet will be transferred from Arbitrum to a new testnet on ZK Stack before launching the mainnet. “In general, teams usually choose not to participate in governance votes from a voting perspective and leave it to the community,” the Treasure Core development team said. Holders of Treasure’s native token MAGIC will be responsible for deciding on the migration plan.