The program is asking for 200 million ARB to serve as a catalyst for gaming development.
Layer-2 blockchain network Arbitrum is looking to shore up its Web3 gaming development arm. A March 12 post on the official forum announced the launch of the Gaming Catalyst Program (GCP), a project requesting 200 million ARB tokens for developer onboarding and gaming development.
According to the post, the goal of the GCP is to develop a long-term gaming ecosystem on the Arbitrum network:
As of the time of this article’s publication, 200 million ARB is worth approximately $426 million. The funds would be partially used for coinvesting in promising studios and games for development on the platform, according to the forum post.