Animoca Brands has entered into a strategic partnership with AMGI Studios to support the development of web3 gaming infrastructure and adoption. As part of the agreement, Animoca will assist in the launch of AMGI's upcoming Studio Chain and provide additional backing for the KARRAT token, which is used in AMGI's third-person PC shooter game, My Pet Hooligan.
AMGI Studios Joins Forces With Animoca
AMGI Studios Joins Forces With Animoca Brands
The partnership fits within Animoca's ongoing investment strategy, targeting projects positioned to bring traditional gaming audiences into the web3 ecosystem. The company has taken a similar approach with Cross The Ages Studios. For AMGI Studios, Animoca has started acquiring KARRAT tokens directly from the open market, aiming to improve token liquidity and reinforce long-term tokenomics for the game and its related platforms.
Luke Paglia, chief operating officer at AMGI Studios, described the collaboration as a major step forward for the studio's larger ambitions. He highlighted the integration of KARRAT and the planned launch of Studio Chain as foundational elements for the next wave of web3 games. Paglia noted that Animoca Brands shares this outlook and that both companies are focused on supporting creators through technology that enables genuine digital ownership.
AMGI Studios Joins Forces With Animoca
Support for KARRAT Token and Market Dynamics
The KARRAT token has experienced a significant uptick in market activity, with its price climbing 52% over the past two weeks. The token remains roughly 94% below its all-time high. Animoca's open-market purchases of the token form part of a wider strategy to expand its utility within My Pet Hooligan and to integrate it across AMGI's broader ecosystem, including Studio Chain.
By strengthening the token's liquidity and developing additional use cases, the partnership aims to establish a stable economic foundation for the in-game environment and unlock new avenues for player engagement and digital asset ownership.
AMGI Studios Joins Forces With Animoca
Studio Chain and Infrastructure Development
Studio Chain, currently live on testnet, functions as a core infrastructure layer for AMGI's on-chain initiatives. Built using Caldera's performance-oriented technology, the chain is designed to support scalable web3 experiences including gaming environments, AI-driven agents, and interactive digital applications. The infrastructure is built to deliver low-cost and efficient solutions for developers creating immersive, blockchain-powered content.
Studio Chain will serve as a key enabler for creators and game studios looking to build experiences that incorporate digital ownership and blockchain functionality while maintaining performance and accessibility.
Yat Siu, executive chairman of Animoca Brands, stated that web3 gaming remains one of the most significant drivers of on-chain activity. He noted that blockchain gaming has the potential to reach up to 100 million users, and identified My Pet Hooligan as a title capable of bridging the divide between conventional gamers and web3 technologies. Siu emphasized that the partnership's objective is to show how blockchain can enhance gaming experiences without undermining core values such as fairness and fun.
