An Arbitrum-based blockchain is exploring what crypto can do for the entertainment industry

A brand new Arbitrum-based blockchain referred to as Studio Chain is launching to discover what crypto can do within the leisure sector.

Karrat Basis labored with Arbitrum Basis on the undertaking. Karrat Basis is behind the KARRAT token utilized by AMGI Studios’ battle royale sport My Pet Hooligan, which the crew says has seen over 500,000 downloads on the Epic Video games Retailer up to now in early entry. KARRAT may even change into the native token for Studio Chain, and My Pet Hooligan will launch on Studio Chain.

Fast sidenote: A pair years in the past, I acquired to take a look at AMGI’s studio in California the place My Pet Hooligan is being made IRL. The crew was extremely passionate not solely about their online game and their quirky rabbit-based IP, but in addition about their plans for animated movies. They’re subsequent door to Hollywood, in spite of everything.

Studio Chain ties into that imaginative and prescient.

Abitrum Orbit is tech that lets others launch their very own chains, they usually’re all linked to create “a universe of chains.” Arbitrum One, then again, is the primary Arbitrum chain that’s an EVM-compatible L2 on Ethereum, utilizing optimistic rollups to scale back community prices. So Studio Chain will likely be its personal chain inside the Arbitrum community of chains.

KARRAT worth motion, sitting at $0.08 at time of writing

“By leveraging Arbitrum’s highly effective infrastructure, we’re in a position to create gaming experiences that have been beforehand not possible,” mentioned Luke Paglia, COO and co-founder of AMGI Studios, in an announcement. “My Pet Hooligan is just the start — this collaboration permits seamless in-game asset possession, true player-driven interactive extensions, and enhanced interoperability that can remodel how audiences interact with leisure.”

Within the assertion, an unnamed Karrat Basis rep hinted that the chain might change how “leisure IP is created and distributed.”

That is bold for certain, although we don’t actually know extra specifics on their plans simply but.

Studio Chain should compete with the various present gaming chains on the market, like Ronin, Sui, Immutable, and Summary, in addition to chains that launched to only assist one sport.

Off The Grid from Gunzilla Video games is an bold sport with its personal chain, Gunz, utilizing Avalanche, and has seen 4.9 million month-to-month energetic wallets as of January 2025. MapleStory’s upcoming crypto model can also be planning to launch its personal Avalanche chain, too.

Gala has touted its crypto-powered movie imaginative and prescient for years, however we haven’t seen that enterprise take off (Gala launched a FILM token final 12 months, and that’s down 93% from its all-time excessive).

Gala FILM worth over time on CoinStats

In the end, we simply haven’t seen any main blockchain movie or tv tasks, or blockchain-based movie platforms, skyrocket into the mainstream but. Not too long ago, area of interest performs have been making a splash, like The Regular Mfer, an animated quick that closely references meme tradition, crypto tradition, and the Mfers NFT assortment.