AMGI Studios Joins Forces With Animoca

AMGI Studios Joins Forces With Animoca

Animoca Brands partners with AMGI Studios to support the launch of Studio Chain and provide liquidity for the KARRAT token, advancing infrastructure for web3 gaming.

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.

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AMGI Studios Joins Forces With Animoca

AMGI Studios Joins Forces With Animoca Brands

This move aligns with Animoca’s broader strategy to invest in projects that have the potential to bring traditional gaming audiences into the web3 space. The company has previously demonstrated this approach in its partnership with Cross The Ages Studios. In the case of AMGI Studios, Animoca has begun purchasing KARRAT tokens directly from the open market, aiming to increase token liquidity and support long-term tokenomics for the game and associated platforms.

Luke Paglia, chief operating officer at AMGI Studios, described the partnership as a significant advancement for the studio’s broader vision. He pointed to the integration of KARRAT and the upcoming launch of Studio Chain as central components in creating a foundational layer for the next generation of web3 games. Paglia added that Animoca Brands shares this vision and that both companies are committed to supporting creators through technology that enables true digital ownership.

AMGI Studios Joins Forces With Animoca

AMGI Studios Joins Forces With Animoca

Support for KARRAT Token and Market Dynamics

The KARRAT token has seen a notable increase in market activity, with its price rising by 52% over the past two weeks. However, the token still remains down by approximately 94% from its historical peak. Animoca’s open-market acquisition of the token is part of a broader plan to enhance its utility within My Pet Hooligan and to integrate it into AMGI’s wider ecosystem, including Studio Chain.

By reinforcing the token’s liquidity and exploring future use cases, the collaboration aims to build a stable foundation for the in-game economy and create new opportunities for player engagement and digital asset ownership.

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AMGI Studios Joins Forces With Animoca

Studio Chain and Infrastructure Development

Studio Chain, which is currently live on testnet, serves 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 intended to provide low-cost and efficient solutions for developers looking to create immersive, blockchain-powered content.

According to AMGI, Studio Chain will play a key role in enabling creators and game studios to build experiences that incorporate digital ownership and blockchain functionality without sacrificing performance or accessibility.

Yat Siu, executive chairman of Animoca Brands, stated that web3 gaming continues to be one of the most important drivers of on-chain activity. He noted that blockchain gaming has the potential to reach up to 100 million users, and highlighted My Pet Hooligan as a title capable of bridging the gap between conventional gamers and web3 technologies. Siu emphasized that the goal of the partnership is to demonstrate how blockchain can enhance gaming experiences without compromising core values such as fairness and fun.

Partnerships, Game Updates

Updated:

August 6th 2025

Posted:

August 6th 2025

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