Arbitrum to Unlock $250 Million in $ARB for Ethereum Gaming Projects

May 31, 2024, 08:59 AM

The Arbitrum ecosystem is set to unlock over $250 million in $ARB funds to support Ethereum-based gaming projects through its Gaming Catalyst Program. This initiative, which has reached quorum in just 5 days, aims to foster growth within the Arbitrum gaming community by providing substantial financial backing. The program will distribute the funds over the next three years, targeting projects that demonstrate potential based on real data, rather than hype. This move is seen as a significant step in bolstering the gaming sector on Arbitrum, which has already attracted major entities like Square Enix. The $200M proposal for Treasure was passed on May 30, 2024.