- The Arbitrum Foundation is proposing to allocate $400 million over two years to incentivize game publishers and builders to create video games using the Arbitrum blockchain.
- The majority of the funds ($160 million) would go towards incentives for publishers and builders, while $40 million would support infrastructure initiatives like tools for gaming on Arbitrum.
- The goal is for Arbitrum to become a leading blockchain for gaming by attracting talented builders to create quality games that bring new users to the network.
The Arbitrum Foundation, which supports the Ethereum Layer 2 network Arbitrum, wants to expand into blockchain gaming and is proposing to allocate around $400 million over the next two years. The goal is to incentivize game publishers and builders to create video games using the Arbitrum blockchain.
Details of the Gaming Catalyst Program
The new proposal suggests asking the Arbitrum DAO to approve earmarking 200 million ARB tokens (about $400 million at current prices) over a two-year period for the Gaming Catalyst Program.
The majority of the funds – $160 million in ARB – would go towards incentives for publishers and builders to create new games on Arbitrum. The remaining $40 million in ARB would support infrastructure initiatives like creating tools needed to support gaming within Arbitrum.
The overarching goal is to attract talented builders and help them accelerate their games through development stages.
Arbitrum’s Goal to Become a Leading Blockchain for Gaming
Until now, blockchains popular with gaming projects have included Polygon, Immutable, Avalanche and Solana.
Arbitrum believes it can become a leader in blockchain gaming through “a dynamic formula of innovation, robust technology, organic builders and a variety of short and long-term incentives,” according to the proposal.
The foundation says this same formula and opportunity exists to attract top builders who will create “sticky, quality games that bring and retain new users within Arbitrum.”
