# Treasury

The Nova Guild Games Treasury is responsible for recording all transactions related to investments or other costs associated with running the DAO. The NGG Treasury is managed by the NGG founders team.

## Treasury activities <a href="#toc95757748" id="toc95757748"></a>

1. The Nova Guild Games Treasury is responsible for purchasing NFTs such as Axies and other DAO-approved virtual assets.
2. Presentation of current asset diversification proposals approved by the DAO.
3. Management of locked, uninvested and unallocated tokens of all community members.
4. Submission of up-to-date proposals for future funding rounds approved by the DAO.
5. Communication of updated information on accounting, auditing, reporting and taxes.


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