Arbitrum invests $10 million in blockchain gaming projects, five projects have already been funded

Comparatively, Ethereum's Layer 2 network Arbitrum announced an investment of 10 million US dollars in blockchain gaming projects through Arbitrum Gaming Ventures, a newly established venture capital program. This funding is part of the $200 million plan funded by Arbitrum DAO and is focused on supporting early project construction within the Arbitrum ecosystem. This is the first major funding under the program, and venture capital firms Paradigm, Framework Ventures, and BITKRAFT are also participating. Five projects have been funded, covering game development and infrastructure, including the multiplayer competitive game Wildcard, Hyve Labs, a game-specific rollup solution, Xai, a Layer-3 game chain based on Arbitrum Orbit, Proof of Play, a chain game studio, and T-Rex, a consumer-focused blockchain infrastructure.