According to BlockBeats, Treasure DAO initiated a proposal on July 9th to acquire all assets and intellectual property of Ryu Technologies and its DoG protocol. The proposed acquisition, valued at $400,000, would be paid in equivalent MAGIC tokens and includes desktop applications, SDK, self-service developer dashboard, management console, developed games, and content.
In addition to the acquisition, the proposal also includes plans to redesign the DoG protocol's tokens to better integrate into the Treasure ecosystem. The core team of Ryu and the DoG protocol, consisting of four members, would be integrated into the core team of Treasure. This move is aimed at accelerating product and technology advancement and strengthening ecosystem and partner relationships.
