Arbitrum Foundation plans to establish a $400 million crypto gaming fund

ChainCatcher news, according to The Block, the Arbitrum Foundation announced plans to invest 200 million ARB (approximately 400 million USD) over the next two years to promote gaming projects on its blockchain.

It is reported that the foundation will seek approval from its DAO for the plan, which will allocate most of the funds to accelerate the development of its gaming ecosystem by providing grants to publishers and developers.