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:‍

• Crypto gaming is one of the fastest growing trends in digital assets, with more gaming focused venture capital funds beginning to form and blockchain gaming platforms such as Immutable beginning to provide significant incentives to users of crypto native games
  

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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