A new optional blockchain called Studio Chain is launching to explore what Crypto can do in the entertainment sector.
The Karrat Foundation collaborated with the Arbitrum Foundation on the project. The Karrat Foundation is behind the Karrat token used in Amgi Studios’ battle royale game My Pet Hooligan. The team says it has seen over 500,000 downloads in early access so far on the Epic Games store. Karrat will also become a native token for the studio chain, and my pet hooligan will be released at the studio chain.
Quick Side Note: A few years ago, I was able to check out Amgi’s studio in California, where pet hooligans are now IRL. The team was very passionate about the planning of the video games and quirky rabbit-based IPs as well as the animated films. After all, they’re next to Hollywood.
The studio chain is tied to that vision.
Abitrum Orbit is a technology that allows others to launch their own chains, all of which are connected to create a “universe of chains.” Meanwhile, Arbitrum One is the main Arbitrum chain, which is EVM compatible L2 on Ethereum, and uses optimistic rollups to reduce network costs. Therefore, studio chains become their own chain within the chain’s Kinkai network.
Karrat Price Action sitting for $0.08 at the time of writing
“By leveraging Arbitrum’s powerful infrastructure, we can create previously impossible gaming experiences,” said Luke Paglia, co-founder of AMGI Studios, in a statement. “My pet hooligan is just the beginning. This collaboration will improve seamless in-game asset ownership, true player-driven interactive extensions, and interoperability that will change the way audiences interact with entertainment.”
In a statement, an unnamed Karrat Foundation official suggested that the chain could change “the way entertainment IPs are created and distributed.”
This is certainly ambitious, but we still don’t know the details of their plans yet.
Studio chains should compete with existing game chains, Ronin, SUI, unchanging, abstract abstract, or chains launched to support one game.
The Grid from Gunzilla Games is an ambitious game with Gunz, a unique chain using avalanches, and as of January 2025 we’ve seen 4.9 million active wallets per month. Future Crypto versions of Maplestory will also be launching their own avalanche chain.
Gala has been promoting crypto-driven film vision for many years, but we haven’t seen the venture take off (Gala launched a movie token last year, a 93% drop from an all-time high).
Galafilm prices over time on Coinstats
Ultimately, large blockchain films, television projects and blockchain-based film platforms have not yet skyrocketed into the mainstream. Recently, Niche Plays has been making splashes like animation shorts that reference the regular MFER, Meme Culture, Crypto Culture, and The MFERS NFT collection.
