Summary

Allocate 2,000,000 of the 8,000,000 (25%) ARB distribution from the Arbitrum Foundation towards recognising contributing game builders and strengthening strategic and aligned relationships with high calibre games and studios, igniting the next stage of Treasure’s growth as a web3 games publishing ecosystem.

Of the 2,000,000 ARB we look to distribute approximately 500,000 ARB in recognizing existing game developers who have meaningfully contributed to Treasure to date (via an assessment driven combination of grant and treasury swap to support growth and operational expenses), with the remaining 1,500,000 ARB earmarked for future treasury swaps / investments or grants with prospective, high quality game studios. This approach leverages the existing Game Builders Program (the successor framework to TIP-09) to assess, monitor, and structure mutually beneficial partnerships. This proposal is a crucial step to remain competitive and seed long-term relationships with quality, value-aligned game builders in a hyper competitive market.

Proposal Options

Based on community feedback and the lively discussion both in the governance forum and within the community Discord, two options are proposed for Proposal A regarding the use of 500,000 ARB to select game builders (see A1 and A2 below). We also would like to leave a note of acknowledgement to the BattleFly DAO community for their decision to not accept the potential ARB allocation as part of TIP-28.

Proposal A1 - All

• Includes: The Beacon, Realm, Tales of Elleria, Knights of the Ether, The Lost Donkeys, Smithonia, Ruffion Reborn, CastleDAO, Power Plins, City Clash, Smol Age, Billy's World, Kasumi Dungeons, Smuverse, Eggfam, Smolsharks, and Skyscraper
• Omits: BattleFly and Toadstoolz

Proposal A2 - Forward Looking, Game Focused

• Includes: The Beacon, Realm, Tales of Elleria, Knights of the Ether, The Lost Donkeys, Smithonia, Ruffion Reborn, CastleDAO, Power Plins, City Clash, Smol Age, Billy's World, and Kasumi Dungeons
• Omits: BattleFly, Toadstoolz, Smuverse, Eggfam, Smolsharks, and Skyscraper

Proposal B regarding the use of 1,500,000 ARB would remain the same in either Proposal A1 or A2.

For more details and the full proposal, please see the governance forum.

Voting Period

Voting commences now, ending Monday, June 5, 2023 at 12:00 PM UTC (see local time via timestamp: 1685966400).

Voting Eligibility

• Only holders of MAGIC staked in the Harvesters or Governance Staking contract, and MAGIC-ETH SLP on Arbitrum can vote.
• gMAGIC will be calculated on a 1:1 basis across all options