Arbitrum’s Gaming Catalyst Program

Designed to “immediately expand awareness and adoption of Arbitrum/Orbit/Stylus by builders and players in the gaming community,” the proposal will allocate 225 million ARB tokens worth roughly $215 million to a newly-created Gaming Catalyst Program (GCP).

Originally presented in March, the measure formally passed Friday with more than 75% of the voting in favor. While Blockworks Research and Camelot DAO are among those who voted against, organizations that greatly supported the plan include L2Beat, Wintermute, and gaming-oriented Treasure DAO.

“Arbitrum is the home of gaming; this covers all of the games, the gaming chains, and all of the builders around it. Let’s make some magic happen.” Treasure DAO on X responded to the passing of the proposal.

Funding Details and Governance

While more seasoned developers must apply for investments with a value-share component via tokens, equity, or similar means, much of the fund is set aside for publishers; new and early-stage developers have the chance to apply for grants worth a maximum of 500,000 ARB (about $483,000 at current rates). Operating expenses and bounties connected to infrastructure will get the remaining money.

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Though the program will be supervised by a council of “5 individuals with deep gaming, venture experience, analytics/reporting, and/or DAO governance skills,” elected by the DAO with the capacity to veto investment decisions and team member appointments, daily operations will be run by a dedicated GCP team. The GCP team has budgeted $25 million for operational expenses; any more spending needs DAO approval.

From its highest value of $1.10 on Friday to roughly $0.97 as of press time following the end of the voting process, Arbitrum’s token dropped about 12%.

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