Arbitrum (ARB) Community Backs 200M ARB Allocation for Web3 Game Development

<ul>
    <li>The Arbitrum community is showing strong support for a governance proposal that aims to allocate 200 million ARB tokens towards the development of web3 games on the Ethereum Layer 2.</li>
    <li>Community members have mobilized 35 million ARB tokens in favor of the Gaming Catalyst Program (GCP) proposal, which seeks to allocate $250 million worth of ARB as incentives for game developers over the next three years.</li>
    <li>"By offering support, incentives, and game industry-specific tools, Arbitrum can position itself as an attractive platform for game development, leading to a surge in high-quality gaming experiences on the network."</li>
</ul>
<p><strong>Arbitrum community backs a significant proposal to allocate 200M ARB tokens for web3 game development, aiming to boost the platform's presence in the gaming industry.</strong></p>
<h2><strong>Proposal to Expand Awareness of Arbitrum Among Players</strong></h2>
<p>The GCP proposal aims to expand awareness and adoption of Arbitrum/Orbit/Stylus among builders and players in the gaming community. It plans to achieve this by offering support, incentives, and game industry-specific tools, positioning Arbitrum as an attractive platform for game development, per the proposal.</p>
<p>“By offering support, incentives, and game industry-specific tools, Arbitrum can position itself as an attractive platform for game development, leading to a surge in high-quality gaming experiences on the network.”</p>
<p>Previously, the proposal passed a preliminary temperature check vote with nearly 97% support in March.</p>
<h3><strong>160M ARB Tokens Allocated to Onboarding and Growth</strong></h3>
<p>Under the GCP, 160 million ARB tokens would be allocated to “onboarding and growth,” attracting and supporting publishers, studios, and independent developers working on web3 gaming titles.</p>
<p>The proposal also includes the establishment of the “Build Grants” program, which would provide 25 million ARB tokens as grants for early-stage projects, with a cap of 500,000 ARB tokens per project. The remaining 40 million ARB tokens would be allocated to infrastructure and tooling development.</p>
<p>To oversee the incentives program, a GCP council would be formed, consisting of trusted professionals with backgrounds in gaming, venture capital, grant allocation, web3 technology, and DAO relations. Council members would be elected by the DAO and would not represent GCP applicants or competing networks.</p>
<h3><strong>Conclusion</strong></h3>
<p>The Arbitrum community's strong support for the GCP proposal highlights the growing interest in integrating blockchain technology with the gaming industry. By allocating significant resources towards web3 game development, Arbitrum aims to establish itself as a leading platform for game developers, potentially driving a new wave of innovation and high-quality gaming experiences. The success of this initiative could further solidify Arbitrum's position in the competitive landscape of Ethereum Layer 2 solutions.</p>