According to ChainCatcher, Arbitrum management approved an on-chain vote to allocate 225 million ARB (currently worth about $225 million) to fund game development on Arbitrum. The initiative aims to make Arbitrum a leading blockchain in the gaming sector. A vote will also be held in the future to elect a council to oversee the program.
The proposal, called the Game Catalyst Plan (GCP), was passed with 76% support from more than 15,000 participating addresses. The plan allocates 160 million ARB to attract game developers and 40 million ARB for infrastructure construction. The remaining 25 million ARB will be used for marketing, legal compliance, and operational costs. The funds will be distributed over three years.
