Arbitrum Ventures Initiative Working Group

Arbitrum, amidst a competitive landscape in Web3, aims to leverage its treasury strategically through Developmental Venture Capital (dVC) instruments to foster ecosystem growth. By adopting best practices from matured VC approaches and aligning with its progressive values, Arbitrum seeks to attract top talent, capital allocators, and ecosystem supporters, setting a trend in the industry. To achieve this, it plans to establish specialized programs and instruments, avoiding capture by partners while ensuring win-win outcomes. Key considerations include forming an executive team for efficient operations, establishing oversight by elected DAO representatives, and managing Arb token liquidation to avoid adverse price impact. Case studies and ongoing research inform decision-making, with legal and governance structures under development through collaboration with relevant stakeholders. Next steps involve refining proposals, progressing on legal structures, and engaging with the Foundation and interested parties to align incentives and drive ecosystem growth.

All the minutes of the meetings are provided on this miro document here

Goals:

  • Examination of the importance of deploying treasury funds into the builder ecosystem.
  • Explanation of Development Venture Capital (dVC) and its potential impact on ecosystem growth.
  • Importance of leveraging talent and practices from matured dVC approaches in the Web2 world.

Outcomes:

  • Rewrite of the GovHack proposal in the correct format for DAO feedback.
  • Progress on legal structure concept in collaboration with relevant stakeholders.
  • Consultations with the Foundation and interested VCs/program operators.