🟢The Arbitrum gaming investment group is offering Ronin up to 750,000 ARB distributed over three consecutive years to join them as an "Orbit" chain.✔️
🟢Currently🔺, that amounts to about $367,500, which does not seem like a large sum.✔️
But in this declining gaming market,🔺 this may be enough.✔️
🟢Co-founders of Ronin shared screenshots on social media of the offer made by Arbitrum Gaming Ventures (AGV),🔺 noting that it will also include access to the Gaming Content Creator Program (funded social content support from Arbitrum DAO).✔️
🟢They will also receive financial assistance to cover audit costs🔺 through the existing Arbitrum ecosystem audit program worth $10 million.✔️
🟢"It's great to see Arbitrum join the arena,"🔺 wrote Jeff "Jhoze" Zirlin🔺, one of the co-founders🔻, in a response that seems somewhat neutral to the offer that came from an AGV board member and the head of gaming and consumer partnerships at Offchain Labs🔺, David Polger.✔️
🟢The proposal emphasizes Arbitrum's ongoing interest in gaming.🔻
🟢Despite some controversy earlier this year regarding the extent of funding that AGV is committing to the gaming sector at large🔺, it is still pushing forward in this industry.✔️
🟢AGV was previously known as Arbitrum Gaming Catalyst.🔺 Its co-founder🔺, Daniel Bing🔺, told me last March that they were in talks with over 100 gaming teams (and it seems some of these discussions have resulted in investments since then).✔️
🟢Arbitrum Gaming Ventures is now helping to fund titles like Wildcard (a fun creature fighting game in the MOBA style),🔺 as well as gaming startups like Xai Games and Proof of Play (which recently paused its game on the Pirate Nation chain).✔️
🟢"Studio Chain" is also building with Arbitrum,🔺 which is the Orbit chain focused on gaming and entertainment from the Karrat Foundation of My Pet Hooligan.✔️
🟢The founders of Ronin do not seem completely convinced about joining ARB just yet🔺. They are still open to offers from other companies.✔️
🟢Alexander Larsen🔺, co-founder of Ronin and Sky Mavis🔺, specifically mentioned Optimism and zkSync as other potential Layer 2 candidates for Ronin in addition to going the Arbitrum route.✔️
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