Community-lead organizations that manage as DAOs continue to amaze me with how powerful they can be for democratic governance.
Entire communities of thousands can power decision-making for HUGE initiatives inside and outside of games, which seems hard even for traditional Corps. The Arbitrum Foundation, is currently showing the power of bringing people together to accomplish big things.
As I've said many times on here, I once became very cynical about web3 games after having some not so great experiences, but also have talked about how the Treasure community made me see that there are people who want to build great games, support creative and talented devs with care, are good people, and create new forms of value for their communities. They always acted with vision and integrity which was extremely different in the ecosystem.
I've gotten a lot of exposure to The Arbitrum Foundation which acts very much with that same integrity. They are a product & thesis-driven organization with a north star of value creation and amazing technological execution.
Arbitrum's diversity also makes them a force. They already are very strong in DeFI, but now putting forth a powerful proposal to support gaming growth to the tune of $250M to invest in game development and games support through the Gaming Catalyst Program. That's a big headline, but knowing the people involved and their track record, they can do things differently here in a way that does create positive value for devs and web3 gaming.
It's amazing to see a variety of groups within the Arbitrum ecosystem and GCP all working to push things forward (which can be hard). One top of the great people involved, I think the difference with this proposal is that it is for development support and shared infrastructure (which takes time to build, but has yielded incredible dividends in mobile publishing when done right), all within an org with aligned interests -- which all great games initiatives need.
Between the people involved with the GCP and beyond in the Arb ecosystem whom I know are the best in the market, the studios and developers making amazing new games, I believe this is going to be a success.
It's easy to be cynical, and harder to be hopeful or have conviction. I hope Arbitrum and GCP can show people how these types of initiatives are done right, and I believe they will.