Arbitrum Launches $190M Support Program for Blockchain Games

user avatar

by Giorgi Kostiuk

2 years ago

Arbitrum's ecosystem garners attention with its $190 million blockchain gaming support program. Ethereum approaches a key resistance level of $4,093, while Web3Bay transforms e-commerce through Web3 technologies.

Arbitrum's Program for Blockchain Games

Arbitrum's $190 million Gaming Catalyst Program aims to expand the blockchain gaming space. Approved by the Arbitrum DAO, the program will begin funding new gaming projects from early 2025, with $1.2 million already allocated for setup and legal aspects. With 64 projects under development along with 60 already launched games, the initiative underscores Arbitrum ecosystem's growing force in the blockchain gaming world.

Ethereum Traders Focus on $4,093 Level

Ethereum traders closely observe the $4,093 resistance level, potentially triggering a bullish breakout. Currently, ETH trades around $3,670, with over 80K ETH moved from exchanges to private wallets last week, signaling confidence in future price growth. An inverted head and shoulders pattern on charts suggests if Ethereum breaches this resistance, it might reach previous all-time highs.

Web3Bay: New Era in E-Commerce

Web3Bay revolutionizes decentralized e-commerce, providing a future-ready platform driven by Web3 blockchain technologies. Focusing on user empowerment, it offers key advantages like early access to exclusive sales and loyalty rewards. By integrating blockchain, Web3Bay ensures lower fees, user ownership, and a seamless trading experience. The presale tracks rapidly increasing demand for their native token, 3BAY, which has already raised $485K, selling over 133.5 million tokens with a 32.25% price increase in initial phases.

Arbitrum's $190 million gaming support program highlights the growing influence of blockchain technology across various sectors. Ethereum traders remain focused on a potential bullish breakout, while Web3Bay stands out in the e-commerce space, leveraging Web3 technology for secure, scalable transactions. Web3Bay's progress showcases its potential as a future guide in decentralized global trade.

Tier I

Sector: #18291

Sealed Cache Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, caches will be stored in your inventory and can be opened with Keys.

Other news

Solana Ecosystem Tokens Outperform Broader Altcoin Market

chest

Recent performance benchmarks indicate that Solana ecosystem tokens are outpacing the broader altcoin market, highlighting the active internal rotation within the network.

user avatarSon Min-ho

Arbitrum Achieves $814 Million in Daily DEX Volume

chest

Arbitrum has recorded an impressive $814 million in daily decentralized exchange volume, showcasing strong activity on the Ethereum Layer2 network.

user avatarAyman Ben Youssef

Securitize Enhances Tokenization Framework for Public Equities

chest

Securitize has enhanced its framework for tokenizing public equities, contributing to the integration of traditional assets into blockchain infrastructure.

user avatarTando Nkube

Significant Surge in Dogecoin Network Activity

chest

Significant surge in Dogecoin network activity with a 35% rise in active addresses and daily transactions exceeding 12 million.

user avatarKofi Adjeman

XRP Ledger Reaches 3 Billion Transactions Milestone

chest

The XRP Ledger has achieved a remarkable milestone by crossing 3 billion cumulative transactions.

user avatarNguyen Van Long

Cardano's Blockchain Verification Infrastructure Deployed by Major Retail Group

chest

A major retail group has successfully deployed blockchain verification infrastructure built around Cardano's ecosystem, enhancing the verification of authenticity, origin, and sustainability claims within supply chains.

user avatarSatoshi Nakamura

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.