# GCP Update Thread

**URL:** <https://forum.arbitrum.foundation/t/gcp-update-thread/24982>\
**Category:** Arbitrum Gaming Ventures (AGV)\
**Created:** [June 17, 2024, 2:08pm UTC](https://forum.arbitrum.foundation/t/gcp-update-thread/24982 "2024-06-17T14:08:47Z")\
**Posts on this page:** 1\
**Showing post:** 4

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**Author:** ![stonecoldpat](https://yyz1.discourse-cdn.com/flex029/user_avatar/forum.arbitrum.foundation/stonecoldpat/32/15751_2.png) [@stonecoldpat](https://forum.arbitrum.foundation/u/stonecoldpat)\
**Post date:** [July 19, 2024, 3:59pm UTC](https://forum.arbitrum.foundation/t/gcp-update-thread/24982/4 "2024-07-19T15:59:44Z")

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Hi all,

At the request of the GCP working group, we have transferred 350k ARB from the GCP multisig:

> **[GnosisSafeProxy | Address 0xAe8cBcef7DE8664C3fF5BfC58536c183FfA60B51 |...](https://arbiscan.io/address/0xAe8cBcef7DE8664C3fF5BfC58536c183FfA60B51)**
>
> The Contract Address 0xAe8cBcef7DE8664C3fF5BfC58536c183FfA60B51 page allows users to view the source code, transactions, balances, and analytics for the contract address. Users can also interact and make transactions to the contract directly on...

100k ARB will be used to pay the contributors outlined in the proposal.

250k ARB will be used to help kick-start operations for the GCP.

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_[View the full topic](https://forum.arbitrum.foundation/t/gcp-update-thread/24982)._