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Arbitrum Believes Crypto Gaming Is The Future

June 14, 2024
x min read

Arbitrum is one of the most important crypto projects in the world. And now, they’re deepening their bet on gaming being the future of digital assets.

What’s happening:

  • The Arbitrum Foundation has announced they are committing $215M USD in funding to their newly launched Gaming Catalyst Program

How it works:

  • The Arbitrum Foundation will provide early stage game developers with grants of up to $500K USD
  • The Arbitrum Foundation will also provide strategic investments to games which have already launched through joint venture partnerships in which The Arbitrum Foundation will receive equity or token ownership
  • All of the funding and investments provided by The Arbitrum Foundation will be distributed through Arbitrum’s crypto token

Why it matters:

Going deeper:

  • Arbitrum has exploded in popularity as a Layer 2 blockchain for developers and has landed many notable partnerships within the crypto ecosystem with leading projects such as Chainlink, Curve, Uniswap and others
  • Arbitrum has become one of the most popular blockchains for game developers and studios largely due to their extremely low cost transaction fees, which are significantly cheaper than Layer One blockchains such as Ethereum or Bitcoin

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