Arbitrum to Hold Hackathon on October 23rd

Arbitrum will hold Founder House in Singapore from October 23rd-25th with Robinhood Chain. Teams working on tokenization, AI or programmable finance will refine prototypes and compete for $300,000 in prizes and grants.Refer to the official tweet by ARB:We're teaming up with Robinhood Chain to back founders with $300K in prizes & grants at Arbitrum Founder House in SingaporeJoin us October 23-25th to:> refine MVPs> test new ideas> bring products onchainIf your team is building around tokenization, AI, or programmable… ARB InfoArbitrum is a layer 2 scaling solution designed for the Ethereum network. Its goal is to increase the scalability of Ethereum while preserving its decentralization and security.Arbitrum operates by batching many transactions together off-chain and then submitting a single, combined proof of all these transactions to the Ethereum base layer. This greatly reduces the amount of computation and storage that the Ethereum network has to handle, allowing it to support a much higher throughput of transactions.