



The Arbitrum Foundation has announced the Gaming Catalyst Program, aiming to allocate $400 million over two years to support video game development on its blockchain. This initiative, involving the distribution of 200 million ARB tokens, with 160 million ARB specifically earmarked to incentivize publishers, seeks to establish Arbitrum as the top destination for web3 gaming. The program highlights Arbitrum's technological strengths, including live fraud proofs, the fastest block times at 250 ms, and the largest gaming community. Additionally, a significant token unlock event is scheduled, with 1.11 billion ARB tokens worth approximately $2.08 billion being released, potentially doubling its circulating supply. This event is set to introduce market volatility. A discussion about this gaming proposal is planned for Fri Mar 15 at 1pm ET.
🔓.@Arbitrum will unlock more than $2 billion worth of $ARB to the team members, advisors, and investors of @OffchainLabs this weekend, data from @MessariCrypto shows. 🧵👇 Full story in thread https://t.co/RyaIsTT2o7
Arbitrum's massive token unlock is happening tomorrow. Arbitrum is unlocking a whopping 1.11 billion $ARB tokens worth ~$2.08B. In other words, Arbitrum is about to almost double its circulating supply this week, potentially causing some volatility for Arbinauts. https://t.co/m0dnINkipX
Excited to chat about @arbitrum’s upcoming $400m gaming proposal with @karelvuong @sobylife @NFT_Djinn @lucasfulks @atifkhan31 and others in the $ARB community! https://t.co/gcKahuP4Jk