Arbitrum Infinite Launchpad Faces Strong Community Resistance

The Infinite Launchpad proposal that Arbitrum (ARB) made recently has also invited a lot of negativity from community members. The program has proposed a massive $10 million fund to enhance project development by establishing a community and conducting market surveys, entrepreneur-in-residence programs, and venture capital. Even though the launchpad has a very broad concept, it encounters a rather hostile response from the community with 54% of the votes against it.