Golden Finance reports that the Gaming Catalyst Program (GCP) previously approved by Arbitrum DAO for 225 million ARB (approximately US$190 million) has been officially launched. According to the latest transparency report, the program has incurred approximately $1.2 million in expenditures, 93.5% of which was spent on administrative expenses such as legal entity set-up and team compensation. CP plans to fund 100 projects over the next three years and has so far received 64 project applications.