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Animoca Brands has partnered with AMGI Studios and purchased KARRAT Tokens on the open market.
PANews August 6 news, according to the official blog, Animoca Brands announced yesterday a partnership with AMGI Studios, the creator and developer of the blockchain game "My Pet Hooligan". In addition, Animoca Brands has started acquiring more KARRAT tokens from the public market; KARRAT is the utility and governance token used by AMGI Studios. Animoca Brands will leverage its expertise to support Studio Chain. Studio Chain is an upcoming L2 blockchain for gaming and media. Animoca Brands will also provide AMGI Studios with market strategy and Token economics advice for My Pet Hooligan, and will provide liquidity for the KAR token. According to Coingecko, as of the time of writing, the KARRAT Token has increased by 37% in the past 24 hours.