Layer3 Solution XAI Explores Arbitrum DAO Proposal for Game Development Funding

Arbitrum DAO for game 2024-02-13 80

According to Foresight News, Layer3 solution XAI, a part of the Arbitrum ecosystem, has announced that it is currently researching an Arbitrum DAO proposal. The proposal aims to secure funding between 100 million to 200 million ARB tokens for the development of games within the ecosystem.

Arbitrum is a layer 2 scaling solution for Ethereum that aims to improve the network's performance and reduce transaction costs. By exploring the possibility of obtaining funding through a DAO proposal, XAI is looking to further expand its gaming offerings and contribute to the growth of the Arbitrum ecosystem.

The successful acquisition of funding would enable XAI to develop new and innovative games, attracting more users to the platform and potentially increasing the value of the ARB token. This move highlights the growing interest in decentralized finance and the role of DAOs in supporting the development of various projects within the blockchain space.