Arbitrum to Unlock $250M for Ethereum Gaming
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Arbitrum is set to unlock a massive $250 million, promising to supercharge the world of blockchain gaming. Discover what this means for gamers
To strengthen the gaming ecosystem on Ethereum's layer-2 network, more than $250 million in Arbitrum tokens will be unlocked over the next three years. This move follows significant backing for a DAO proposal now up for vote by token holders.
Arbitrum, a scaling solution for Ethereum, offers quicker and more cost-effective transactions than the mainnet.
It has drawn several notable gaming projects, such as the Xai layer-3 network, Treasure's Infinity Chains, Proof of Play’s on-chain gaming network, AnimeChain, and the upcoming ApeChain, which will support Bored Ape Yacht Club-themed initiatives using ApeCoin.
Despite the significant gaming activity already happening on Arbitrum, its supporters are eager to foster even more growth in this area.
The Gaming Catalyst Program (GCP) is designed to boost gaming on the network, allocating 225 million ARB tokens (over $255 million) over three years. This includes 200 million ARB specifically for gaming projects and an additional 25 million ARB for managing the funding campaign.
These tokens will be strategically distributed across two key initiatives. The first, aimed at builder onboarding and growth, will allocate 160 million ARB tokens to attract and support game developers. This funding will be provided through grants or direct investments in individual projects.
The second initiative, infrastructure bounties, will receive 40 million ARB tokens to develop the necessary tooling and technical infrastructure to support the gaming community on the Arbitrum network.
"Publishers and developers will undergo a stringent evaluation process to ensure alignment with the proposal's goals and Arbitrum DAO's values," the DAO proposal states.
