Official funding reports from Arbitrum DAO or involved entities

Arbitrum DAO Approves $200M Gaming Catalyst Proposal (GCP)

Jun 7, 2024, 06:52 PM

Arbitrum DAO has approved a significant 200 million ARB ($200 million USD) Gaming Catalyst Proposal (GCP), marking a milestone in the Web3 gaming sector. This initiative is expected to drive substantial growth across Arbitrum's gaming ecosystem, including games, gaming chains, and infrastructure builders. The proposal, considered the largest gaming initiative in Web3 history, has garnered widespread support and excitement from the community. Entities such as Treasure DAO, XAI Games, and SmithyDAO are among the key players involved in this transformative project.