Animoca Brands Partners with AMGI Studios and Increases KARRAT Token Holdings

Animoca Brands announced a partnership with AMGI Studios, the developer of the blockchain game "My Pet Hooligan," and has begun purchasing additional KARRAT tokens on the open market. KARRAT is AMGI Studios' utility and governance token.

Animoca Brands stated that it will use its expertise in the blockchain gaming field to support the launch of AMGI Studios’ L2 blockchain Studio Chain, while assisting in developing My Pet Hooligan’s market strategy and token economic model, and providing liquidity support for KARRAT.