Studio Chain Launches with Innovative Blockchain for Gaming

Studio Chain, an innovative blockchain tailored for gaming, is gearing up for its launch. The project results from a strategic partnership between the Arbitrum Foundation and the Karrat Foundation, with Karrat Foundation’s KARRAT coin serving as its foundation. While a specific release date has yet to be disclosed, the leading game for Studio Chain will be the anticipated My Pet Hooligan from AMGI Studios. Following its early access launch, the game has achieved 500, 000 downloads through the Epic Games Store and is set to expand to Xbox and other PC platforms.
Additionally, AMGI will lend its expertise in advanced AI integration and explore the convergence of gaming, AI, and various entertainment sectors. Studio Chain will also gain from AMGI’s collaborations with major industry players like Nvidia, Palantir, Epic Games, and Eleven Labs. “This partnership highlights Arbitrum’s dedication to advancing the future of web3 gaming and entertainment. The Studio Chain and My Pet Hooligan franchise offer a wealth of content and culture that we are excited to bring into the Arbitrum ecosystem, ” said Jack Fitzpatrick, partnerships manager at Offchain Labs. In 2024, Arbitrum unveiled a $220 million gaming catalyst program aimed at boosting gaming on its network. “Leveraging Arbitrum’s robust infrastructure allows us to create gaming experiences that were once impossible, ” stated AMGI co-founder and COO Luke Paglia. “My Pet Hooligan is merely the start—this collaboration facilitates seamless ownership of in-game assets, authentic player-driven interactive experiences, and improved interoperability that will revolutionize audience engagement with entertainment. ”
Brief news summary
Studio Chain is preparing for its launch, in collaboration with the Arbitrum and Karrat Foundations, and is utilizing the KARRAT coin. Although a release date hasn't been confirmed, their flagship game, My Pet Hooligan from AMGI Studios, has already achieved over 500,000 early access downloads on the Epic Games Store. AMGI plans to expand the game to Xbox and other PC platforms, incorporating advanced AI features to enhance the player experience. This initiative draws support from partnerships with major industry players such as Nvidia, Palantir, Epic Games, and Eleven Labs. Jack Fitzpatrick, partnerships manager at Offchain Labs, highlighted that the alliances align with Arbitrum's goals of advancing web3 gaming and entertainment. In 2024, Arbitrum is launching a $220 million gaming catalyst program designed to improve user experiences on its platform. Luke Paglia, co-founder of AMGI, emphasized that leveraging Arbitrum’s infrastructure will drive innovation in user engagement and asset management, positioning My Pet Hooligan as a thrilling start to a promising venture.
AI-powered Lead Generation in Social Media
and Search Engines
Let AI take control and automatically generate leads for you!

I'm your Content Manager, ready to handle your first test assignment
Learn how AI can help your business.
Let’s talk!
Hot news

Apple's AI Executive Joins Meta's Superintelligen…
Ruoming Pang, a senior executive at Apple who heads the company’s artificial intelligence foundation models team, is departing the tech giant to join Meta Platforms, according to Bloomberg News reports.

Ripple Applies for U.S. Banking License Amidst Cr…
Ripple has recently submitted an application for a Federal Reserve master account through its newly acquired trust company, Standard Custody.

AI in Autonomous Vehicles: Overcoming Safety Chal…
Engineers and developers are intensively working to resolve safety issues related to AI-driven autonomous vehicles, especially in response to recent incidents that have sparked widespread debate on the reliability and security of this evolving technology.

SAP Integrates Blockchain for ESG Reporting in ER…
SAP, a global leader in enterprise software, has announced a crucial enhancement to its enterprise resource planning (ERP) systems by integrating blockchain-based Environmental, Social, and Governance (ESG) reporting tools.

Middle Managers Diminish as AI Adoption Increases
As artificial intelligence (AI) rapidly advances, its influence on organizational structures—especially middle management—is becoming increasingly clear.

The Blockchain Group Bolsters Bitcoin Reserves Wi…
The Blockchain Group Strengthens Bitcoin Holdings Through $12

Kinexys Launches Carbon Market Blockchain Tokeniz…
Kinexys by J.P. Morgan, the firm’s leading blockchain business unit, is developing an innovative blockchain application on Kinexys Digital Assets, its multi-asset tokenization platform, aimed at tokenizing global carbon credits at the registry level.