What is this about?

Sanko GameCorp, a community-driven company, has introduced a project named Sanko Dream Machine, a multimedia-focused infrastructure protocol and suite of games hosted natively on Arbitrum. The company is also developing SankoTV, a platform aimed at increasing streamer earnings by reducing the platform's cut of tipping revenue and offering additional earning opportunities. Sanko GameCorp has requested a grant of 500K ARB to expand Arbitrum's SocialFi ecosystem through streamer involvement and viewer interaction on their platform, SankoTV. The primary objective of the grant is to attract crypto-native streamers and their audiences to SankoTV, thereby establishing Arbitrum as the home for the first viable on-chain streaming economy.

How is the community reacting?

The community has shown a positive reaction to Sanko GameCorp's proposal. Users like Happyk21, Blazedbison, and Haddock have expressed their support, with Haddock highlighting the unique value proposition and the team's ambition. Daddy1 shared a personal testimony about how Sanko GameCorp saved his life. Flindy shared a tweet from Sanko GameCorp announcing the migration of $DMT to the Ethereum mainnet. Meyaf320219 praised Sanko for its uniqueness and native presence on Arbitrum, stating that it is worthy of support. Treeline and Grandma expressed their daily use of Arbitrum due to Sanko.

However, CastleCapital and BlockworksResearch raised concerns about the lack of specific details regarding the requested grant size and how the funds would be used. They also questioned the long-term sustainability of the Arbitrum Orbit Chain and its potential for user engagement beyond gaming.

Why this is positive?

Sanko GameCorp's proposal is positive as it aims to establish a web3 streaming and gaming platform, which could attract a broad user base and large transaction counts. The company's integration of Friend Tech keys and the development of unique games like Sankoscape, Sakura Park, and Streets of Milady are also seen as positive aspects. The proposal also meets the requirements for the Siren ARB grant, with plans to deploy to the Arbitrum mainnet in May 2023. The grant will be allocated to SankoTV users using a points system that is updated weekly to keep users engaged for the duration of the incentives period.

Why this is negative?

The negative aspects of the proposal include the lack of specific details regarding the requested grant size and how the funds would be used. There are also concerns about the long-term sustainability of the Arbitrum Orbit Chain and its potential for user engagement beyond gaming. Some community members have suggested reducing the requested grant amount from 500,000 ARB to 250,000 ARB.