The Seascape Foundation, a pioneering Web3 gaming ecosystem behind popular titles like BLOCKLORDS and Puzzle Crusher, announced on October 16, 2025, the launch of its innovative BNB treasury strategy. This initiative marks the next phase in its evolution into a scalable player-driven gaming and digital asset powerhouse, inspired by treasury models from companies like MicroStrategy and Metaplanet.
To date, the foundation has secured 100 BNB and 1,000,000 CWS tokens in initial holdings, with plans to acquire more. A minimum of 70% of treasury assets will remain in cold storage at all times, while up to 30% can be deployed for exchange activities, liquidity management, or financing opportunities to maximize BNB performance securely.
In the interest of transparency, Seascape will publish its total BNB balance and market-adjusted NAV (mNAV) live on its website. The dynamic mNAV framework includes: pursuing financing to expand BNB reserves when holdings exceed 1.2x, considering buybacks of CWS when below 0.8x, and growing BNB holdings through operating results within the range.
Looking ahead, Seascape intends to focus on continuously growing its BNB reserves through market activity and OTC deals, expanding community initiatives, and introducing innovative products such as token-based instruments with BNB-linked rewards and new staking models. The foundation is also evaluating expanding its treasury model onto BNB Smart Chain via smart contract integrations, aiming to build the most innovative on-chain treasury framework for Web3 protocols.
