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Seascape Foundation, a pioneer in Web3 gaming and blockchain-based economies, has announced the launch of its BNB treasury strategy on the Binance Smart Chain. This marks a major milestone for the company, propelling Seascape into the next phase of its long-term evolution as a scalable, player-driven gaming and digital asset powerhouse.
While the Seascape Foundation received early support through a seed investment from Binance, it remains one of the first projects that helped define what blockchain gaming could be. Impressively, Seascape has continued to build and evolve, even as many projects from that era have failed or vanished.
Over the years, the foundation has delivered a strong ecosystem, successful products, and an engaged global community. Amid its ongoing development and resilience, Seascape is now introducing an innovative and forward-looking treasury strategy anchored in BNB.
### Seascape Introduces New BNB Treasury Strategy
According to the announcement, the new strategy takes inspiration from treasury models employed by industry leaders like MicroStrategy and Metaplanet. Seascape is determined to become the largest on-chain BNB treasury protocol anchored on the BNB Network.
Currently, the foundation has secured 100 BNB and 1,000,000 CWS tokens. The treasury policy ensures that at least 70% of assets remain in cold storage at all times, while the remaining funds are deployed to maximize BNB performance securely. Up to 30% of the treasury is deployable for exchange activities, liquidity management, or financing opportunities.
Furthermore, Seascape revealed plans to continuously grow its BNB reserves, expand community initiatives, and introduce innovative products aligned with its treasury strategy.
### Future Growth and Expansion Plans
To grow the treasury further, the team is exploring opportunities to acquire additional BNB through a mix of market activity and over-the-counter (OTC) deals. Additionally, they are developing community-driven programs aimed at broadening awareness and adoption of WS and NB tokens.
Seascape is also evaluating plans to expand its treasury model on the Binance Smart Chain via smart contract integrations. The goal is to build the most innovative on-chain treasury framework tailored for Web3 protocols.
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With these strategic moves, Seascape Foundation is positioning itself at the forefront of blockchain gaming and DeFi innovation, fostering a sustainable and vibrant ecosystem for its community.
https://bitcoinethereumnews.com/tech/seascape-announces-launch-of-first-tokenized-bnb-treasury-strategy-on-binance-smart-chain/?utm_source=rss&utm_medium=rss&utm_campaign=seascape-announces-launch-of-first-tokenized-bnb-treasury-strategy-on-binance-smart-chain