Arbitrum has approved a $215 million fund for its gaming ecosystem

The Arbitrum Foundation, responsible for Ethereum's second-layer scaling solution, Arbitrum (ARB), has dedicated significant resources to supporting the gaming industry within its ecosystem.

A recently approved proposal initiated the Gaming Catalyst Program (GCP), which will distribute 225 million ARB tokens, approximately $215 million, over three years. This initiative aims to attract developers and gamers by increasing interest and participation in the video game sector.

The program launched in March get strong support from the community, with 75% of voters backing her. Among the main supporters were L2Beat, Wintermute and Treasure DAO, while Blockworks Research and Camelot DAO opposed.

The fund is primarily aimed at publishers and game developers. Aspiring developers can receive up to $500,000 in the form of ARB , while larger developers may seek investments involving value sharing through tokens, equity or similar means. These investments are intended to encourage the development of new games in Arbitrum's thriving gaming industry.

A dedicated team will manage GCP on a day-to-day basis, overseen by a five-member board with expertise in gaming, venture capital, data analytics and DAO management. This board ensures that funding is aligned with the DAO's goals and encourages innovation, while maintaining oversight of investments and team assignments.

GCP operates under a strict financial policy with a budget limit of $25 million for operating expenses, requiring DAO approval for any excess spending. This management and budget structure is essential to the success and sustainability of the program.