The Arbitrum Foundation, creators of the Ethereum rollup-based layer-2 network Arbitrum, have dedicated 225 million ARB tokens, worth around $215 million, to boost the gaming sector in their ecosystem. The Gaming Catalyst Program (GCP) aims to promote the adoption of Arbitrum, Orbit, and Stylus among game developers and players. Initially proposed in March and approved in June with over 75% of votes, the program received support from L2Beat, Wintermute, and Treasure DAO. Despite some opposition, the proposal was endorsed by Treasure DAO, emphasizing Arbitrum's potential in gaming. The program offers grants of up to 500,000 ARB for new developers and investment opportunities for established ones. A council of experts will oversee the program's operations and ensure funds are used efficiently. The GCP also enforces financial limits and prioritizes innovation and accountability in gaming development. Read more AI-generated news on: https://app.chaingpt.org/news