ARBITRUM DAO MULLS WINDING DOWN UNSUSTAINABLE WEB3 GAMING FUND

Arbitrum DAO mulls winding down unsustainable Web3 gaming fund. Arbitrum network went offline for 78 minutes because of inscriptions. Arbitrum airdrop-related selling subsides, but DApp use sustains while smart money accumulates ARB. Arbitrum decentralized exchange IAO cancelation draws controversy. Arbitrum. Arbitrum airdrop hype grips DeFi world: Finance Redefined. Arbitrum DAO takes $56M of unclaimed ARB as airdrop deadline ends. Arbitrum transaction activity rockets 550% since August: Delphi Digital. Arbitrum founder says Stylus is a game changer for EVMs. Van der Heyden stated that the program was approved when projections were exceptionally optimistic but has proved unsustainable. He urged the DAO to wind down GCP activities and secure all possible funds to protect the organization's resources and restore investor confidence. Community sentiment appears mixed on the proposal., to foster the growth of Web3 gaming within the Arbitrum ecosystem. The program allocated 225 million ARB tokens, p Members of Arbitrum 8217;s decentralized autonomous organization (DAO) are discussing a potential clawback of funds allocated to build a gaming ecosystem on the network, launched in March 2025. Arbitrum DAO mulls winding down unsustainable Web3 gaming fund Ecosystem, intended to fund gaming studios and solidify Arbitrum s position in blockchain gaming. However, The GCP was announced on Ma, the program s launch coincided with a 2.2 billion token unlock, which have since proven unsustainable. He stressed the need to wind down the program and recover as much capital as possible to protect the DAO s funds and restore investor confidence in the DAO s ability to allocate resources effectively., A DAO member has proposed to claw back unused funds from Arbitrum s Gaming Catalyst Program, The GCP was introduced on Ma, Members of Arbitrum s decentralized autonomous organization (DAO) are discussing a potential clawback of funds allocated to build a gaming ecosystem on the network, DAO member Nathan van der Heyden submitted a proposal calling for the recovery of unused funds allocated to the Arbitrum Gaming Catalyst Program (GCP). The, citing a lack of progress and, as a way to fuel the growth of Web3 gaming within the Arbitrum ecosystem. It allocated about 225 Arbitrum (ARB) tokens worth roughly 468 million. The funds went to investing in promising studios and games for network development and establishing Arbitrum as a leader for onchain gaming., Van der Heyden explained that the GCP was approved based on overly optimistic projections, citing a lack of progress and transparency. /p On March 24, leading to a drop in ARB..