In an attempt to bolster the Ethereum layer-2 network’s gaming ecosystem, it appears that over $250 million worth of Arbitrum tokens will be unlocked over the next three years, following strongly positive support for a DAO proposal that’s currently being voted on by token holders.ArbitrumBut even with so much gaming action already in the works on Arbitrum, the network’s backers want to encourage even more growth in that direction.The These tokens will be “strategically” allocated focusing on two initiatives. The first initiative, builder onboarding and growth, will receive 160 million ARB tokens in an attempt to attract and support game developers. Funds will be allocated via grants or direct investment in projects, on a deal-by-deal basis.As for the second initiative, infrastructure bounties, this will be allocated 40 million ARB tokens to set up the Arbitrum network to properly serve the gaming community it’s aiming to foster. This includes tooling and other technical infrastructure needed to power on-chain games.“Publishers and developers will be subject to a robust set of checks and balances to ensure alignment with this proposal’s goals and Arbitrum DAO’s values,” the DAO proposal says. This process will include the formation of a council of five individuals with gaming expertise which will oversee the program, in addition to support of the As of this writing, the vote has reached quorum and has nearly 83% positive votes—down from approximately 98% positive votes as of Thursday. Voting ends on June 7. Treasure lauded the positive response in a tweet late Wednesday, writing that the proposal was “on track to being unlocked for Treasure and others focused on gaming within the Arbitrum ecosystem.”… and just 5 days later, we’ve hit quorum.Over 200M $ARB is on track to being unlocked for Treasure and others focused on gaming within the Arbitrum ecosystem.LFG! https://t.co/MQIKMWoXzV pic.twitter.com/P3hBZAGDiM— Treasure (@Treasure_DAO) May 30, 2024Over the three-year period, the program aims to fund 100 to 200 games, result in over 50 That said, the proposal acknowledges that it will take some time before the funding initiatives generate results. Namely, most games funded through this program will not be live this year, particularly with grant applications not expected to open until June or July.“The GCP is meant to serve as a catalyst, not a comprehensive program,” the DAO proposal explains. “After the rollout of the GCP, the aim is to use its learnings to mature the organization into a longer-term gaming program with a comprehensive approach to game ecosystem growth.”Edited by Andrew Hayward
