What is this about?

This discussion revolves around the announcement made by ZER8, the grant manager, about the launch of Gitcoins Grantsstack on Arbitrum One¹. This marks the beginning of the first onchain grant funding program on Arbitrum. The program, known as the Arbitrum on Gitcoin Grants funding fest, is designed to distribute over 100,000 $ARB to projects favored by the community¹. The program will be conducted in four rounds, each having its own matching pool. The categories for these rounds include new protocol ideas, developer tooling on Nova, gaming, education, community growth, and events¹.

How is the community reacting?

The community reaction is not explicitly mentioned in the summaries. However, ZER8's encouragement for users to apply for the grant on grants.gitcoin.co until 19.09 suggests that the community is expected to actively participate in this program².

Why this is positive?

The launch of Gitcoins Grantsstack on Arbitrum One is a positive development as it represents the start of the first onchain grant funding program on Arbitrum. This program will distribute a significant amount of $ARB to projects that are favored by the community, thereby fostering innovation and growth within the community. The inclusion of diverse categories for the rounds also ensures that a wide range of projects can benefit from this initiative.

Why this is negative?

The summaries do not provide any information that suggests negative aspects of this topic.