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Arbitrum opens voting for “Game Catalyst Project” proposal

Arbitrum opens voting for “Game Catalyst Project” proposal

2024/03/16 15:15

According to Mars Finance news, Snapshot shows that Arbitrum has launched voting on the "Game Catalyst Program (GCP)" proposal. The proposal aims to drive development by allocating 200 million ARB to gaming projects within the ecosystem. The purpose of this vote is to evaluate whether the DAO has reached a consensus and decide whether to start implementing and funding the Game Catalyst Plan and creating corresponding funds.

Previously, the Arbitrum Foundation announced plans to invest 200 million ARB (approximately $400 million) within two years to promote gaming projects on its blockchain. The foundation will ask its DAO to approve the plan, which will invest much of the money in accelerating the development of its gaming ecosystem by providing grants to publishers and developers.

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