Arbitrum Weekly Update: New Projects, Ecosystem Developments, and Community News

**Arbitrum** is hosting a local builder meetup in **São Paulo** as part of their Devconnect activities. **Event Details:** - Date: November 7th at 4 PM - Partner: GMX_IO at ArbiLink - Focus: Connecting onchain founders with Brazilian Arbitrum community This São Paulo event follows Arbitrum's broader **"Arbitrum Everywhere"** initiative, which includes: - ArbiVerse Buenos Aires (Nov 19) - flagship event with showcases and entertainment - ArbiPanadas (Nov 21) - community networking - L2 District presence at main Devconnect (Nov 17-18) [Register for São Paulo meetup](https://luma.com/ArbiLink-Brasil)

**The Uniswap Cup** is set for November 16th in Buenos Aires during Devconnect. - **32 teams** competing in 8 groups - Single-day football tournament format - Arbitrum team expressing strong confidence in victory The event coincides with Devconnect, making it accessible for crypto community members already traveling to Buenos Aires. **Registration** is open through the provided Luma link for those interested in attending or supporting their favorite crypto projects. This represents a unique blend of **sports and crypto culture**, bringing together different blockchain communities in a competitive but fun environment. [Register here](https://luma.com/29afvkpj)

**Arbitrum is offering $500K in funding** for builders focused on onchain innovation. - Applications are being accepted for what's described as crypto's top accelerator program - **Deadline is today** - immediate action required for interested developers - Funding targets builders specifically working on Arbitrum ecosystem projects This follows previous funding initiatives, including a $3 million grant program via Alchemy for Arbitrum chain development. **Apply now** if you're building onchain solutions on Arbitrum.

**ArbitrumDAO has successfully concluded its Security Council elections**, welcoming six newly elected members to the governing body. The Security Council plays a crucial role in **overseeing security decisions** and emergency responses for Arbitrum's Layer 2 scaling solution. - New cohort brings fresh perspectives to governance - Elections demonstrate continued community engagement - Council maintains its role in protocol security oversight This election cycle reinforces ArbitrumDAO's commitment to **decentralized governance** and community-driven decision making for one of Ethereum's leading scaling solutions.

**Month 2 of Arbitrum x Kaito Leaderboard begins** with **700,000 ARB bounty** up for grabs. - Month 1 snapshot completed - fresh start for all creators - **No threshold required** - small and large creators welcome - Arbitrum-associated accounts ineligible - Top 150 creators visible on leaderboard Creators can earn ARB tokens by creating Arbitrum-related content and climbing the rankings. [Check leaderboard progress](https://yaps.kaito.ai/arbitrum) | [Learn more about Season 2](https://blog.arbitrum.io/arbitrum-x-kaito-season-2/)