TreasureDAO Closes $3.5 Million Funding Round via Token Sale with Arbitrum Involved

TreasureDAO, the NFT marketplace on Arbitrum, closed $3.5 million in funding via a token sale led by Digital Strategies Guild, with participation from 1kx, Arbitrum, Skycatcher Crypto, IOSG, Alchemy Ventures, IndiGG, and others. A total of 14,964,375 $MAGIC were sold in the funding round, which will be released over two years after a one-year lockup. In addition, TreasureDAO announced a strategic partnership with the PvP strategy game BattleFly, and it will purchase 500,000 BattleFly token $gFLY at the cost of $1 million.