The Karrat Foundation and Studio Chain Collaboration

The Karrat Foundation, linked to the battle royale game My Pet Hooligan, announced on Thursday a collaboration with the Arbitrum Foundation. Together, they will launch Studio Chain, a gaming-focused chain aimed at enhancing Web3-native capabilities in entertainment and video games.

Key Highlights

• The KARRAT token will be central to the chain, utilizing Arbitrum’s Ethereum layer-2 scaling technology.
• My Pet Hooligan (MPH), available on the Epic Games Store, will be the flagship game of this new ecosystem.

Jack Fitzpatrick, Partnerships Manager at Offchain Labs, expressed excitement about the potential for innovative experiences for players and creators, stating, “Studio Chain and the My Pet Hooligan franchise bring with them a rich source of content and culture.”

Collaboration Details

AMGI Studios, the creators of My Pet Hooligan, aim to deliver AAA gaming experiences alongside tokenized intellectual property and democratized funding channels. Co-founder Luke Paglia mentioned, “By leveraging Arbitrum’s powerful infrastructure, we can create gaming experiences that were previously impossible.”

Platform Expansion

This collaboration is set to enhance interoperability, extending My Pet Hooligan to Xbox and other PC platforms soon.

The blockchain will allow interactions with crypto assets through the My Pet Hooligan web portal, enabling a seamless experience without disrupting gameplay. Details on the official launch of Studio Chain are pending, with the aim of complementing existing entertainment-focused blockchains rather than competing with them.

Conclusion

The Karrat Foundation emphasizes that the traditional entertainment industry is evolving and that Studio Chain will support the future of IP integration in gaming as the Web3 space matures.

Edited by Andrew Hayward