Category: News, NFT News

Karrat Foundation Launches Studio Chain on Arbitrum, Introducing New Architecture for Web3 Entertainment and Gaming

AMGI Studios’ award-winning My Pet Hooligan to headline the blockchain-powered entertainment ecosystem

NEW YORK, March 13, 2025 /PRNewswire/ — Arbitrum Foundation and Karrat Foundation today announced a strategic partnership to launch Studio Chain, a blockchain aimed at enhancing the capabilities of web3-native entertainment, particularly in the gaming sector. The collaboration will integrate $KARRAT as a native token within the Studio Chain ecosystem, leveraging Arbitrum’s proven scalability to handle high transaction volumes efficiently while delivering the low latency and cost efficiency essential for real-time gaming and AI interactions.

banner image

Built to empower both the entertainment industry and individual creators, this partnership will support Studio Chain in providing a tailored experience for products across the Karrat ecosystem. My Pet Hooligan, developed by AMGI Studios, will serve as the flagship title with an impressive track record of over 500,000 downloads on Epic Games, while ranking among the top one thousand games on Twitch. The title is scheduled for expansion to console and additional PC game launchers in the coming months.

“This partnership exemplifies Arbitrum’s commitment to powering the next generation of Web3 gaming and entertainment,” said Jack Fitzpatrick, Partnerships Manager at Offchain Labs. “Studio Chain and the My Pet Hooligan franchise bring with them a rich source of content and culture that we’re thrilled to add to the Arbitrum ecosystem. We’re excited to see how this collaboration will enable truly innovative player and creator experiences.”

AMGI Studios brings extensive experience in web3, gaming, AI, and entertainment, along with an impressive network of early investors including Tony Robbins, Paris Hilton, Coldplay, and Zoom founder Eric Yuan. Their strategic partnerships with industry leaders such as Nvidia, Palantir, Epic Games, and Eleven Labs position Studio Chain uniquely for success across multiple entertainment sectors.

“Studio Chain represents a fundamental evolution in how entertainment IP is created and distributed,” said a Karrat Foundation representative. “With Arbitrum’s robust infrastructure supporting our vision, we’re building a platform that empowers creators and revolutionizes traditional entertainment pipelines.”

“By leveraging Arbitrum’s powerful infrastructure, we’re able to create gaming experiences that were previously impossible,” said Luke Paglia COO & Co-Founder of AMGI Studios. “My Pet Hooligan is just the beginning – this collaboration enables seamless in-game asset ownership, true player-driven interactive extensions, and enhanced interoperability that will transform how audiences engage with entertainment.”

Come to my page!


Source link

banner image

Written by : Editorial team of BIPNs

Main team of content of bipns.com. Any type of content should be approved by us.

Share this article:

Leave A Comment