Initially introduced in March, the proposal gained official approval on June 7, with a majority of over 75% of votes in favor.
The Arbitrum Foundation, the team responsible for the Ethereum rollup-based layer-2 network Arbitrum, has committed a substantial allocation of resources to developing the gaming industry within its ecosystem.
The proposal sets aside 225 million Arbitrum (ARB) tokens, valued at approximately $215 million, to be distributed over three years through the newly established Gaming Catalyst Program (GCP).
The program aims to rapidly increase recognition and usage of Arbitrum, Orbit, and Stylus among game developers and players, fostering growth and engagement within the gaming community.