Search result of KARRAT

The KARRAT protocol is a decentralized infrastructure layer that is supported by the KARRAT token and empowered by a community whose goal is to revolutionize the gaming and entertainment industry.

KARRAT’s core role is to provide Studio Chain’s entertainment ecosystem with on-chain infrastructure, network gas, DAO governance and digital asset collaboration capabilities. KARRAT is not just a traditional blockchain gaming token. It is an infrastructure layer that connects games, NFTs, AI entertainment and on-chain applications.

KARRAT is a Web3 entertainment infrastructure ecosystem built for gaming, AI entertainment and digital asset use cases. It connects Studio Chain, NFT assets, community governance and a broader network of entertainment applications. At its core, KARRAT is not positioned as a traditional blockchain gaming token, but as an infrastructure layer for the entertainment ecosystem.

HOOLI and KARRAT are two core tokens in the My Pet Hooligan ecosystem, but they serve different functions. HOOLI is more closely tied to game interaction, the community economy, and entertainment content scenarios, while KARRAT is used for Studio Chain governance, gas payments, and underlying infrastructure operations.

Studio Chain is the Layer2 infrastructure launched by My Pet Hooligan, mainly designed for game assets, AI virtual characters, and digital entertainment content. Unlike traditional Layer2 networks that focus more on DeFi, Studio Chain emphasizes digital IP, community interaction, and entertainment ecosystem expansion, with KARRAT serving as the governance and gas token that supports network operations.

HOOLI is the utility token in the My Pet Hooligan game ecosystem. It is mainly used for game interaction, NFT asset circulation, community rewards, and entertainment ecosystem incentives. The design of HOOLI focuses on maintaining the internal economic cycle of My Pet Hooligan, rather than serving as the infrastructure token for the underlying network.

My Pet Hooligan (HOOLI) is a Web3 project that brings together AI virtual characters, a third-person shooter, NFTs, and transmedia entertainment content. Developed by AMGI Studios, the project builds a digital IP ecosystem around its “Hooligan” rabbit characters and expands Web3 entertainment through games, animation, community content, and the Studio Chain Layer2 infrastructure.

Gate Research Daily Report: On September 25, BTC price rose 2.24% in 24 hours to about $64,361, reaching a resistance level of $64,500. Total net inflow for Bitcoin spot ETFs was $136 million, while Ethereum spot ETFs saw $62.51 million in inflows. For each 50 basis points drop in interest rates, Tether and Circle could lose $488 million and $144 million in annual revenue, respectively. The SEC has settled with TrueCoin LLC and TrustToken Inc. regarding the stablecoin TrueUSD. Additionally, Banana Gun will fully compensate 11 users who lost $3 million in a recent security incident, and Wintermute has proposed the issuance of 250 million ARB tokens.

Gate Research Daily: September 24, Bitcoin (BTC) has seen a 24-hour price decline of 1.44%, currently trading at $63,074. Sectors such as account abstraction, decentralized identity, and cat-themed memes are experiencing strong upward trends. The total net inflow for Bitcoin spot ETFs in the U.S. is $4.56 million, while Ethereum spot ETFs have a total net outflow of $79.21 million. Lombard has minted 5,861 LBTC, with a total market capitalization of $368 million. The decentralized gaming platform Treasure DAO is set to launch the Treasure Layer2 network based on the ZKSync ecosystem. Three projects have publicly announced funding, raising over $6 million, focusing on infrastructure and DeFi sectors.

After a 0.54% decline, BTC rebounded above $59,500, with short-term support at that level. Bitcoin ETFs saw a net outflow of $110 million yesterday, while Ethereum ETFs recorded a net outflow of $14.79 million. Ripple introduced a cryptocurrency custody service aimed at supporting banks and fintech companies. Meanwhile, the U.S. IRS is facing a new lawsuit over its tax policy on cryptocurrency staking. Uniswap launched Unichain, a Layer-2 network based on Optimism technology, designed to accelerate decentralized finance (DeFi) transactions. Additionally, the fifth season of Optimism's airdrop saw active addresses surge to 38,000 yesterday, marking the highest level in nearly a year.

My Pet Hooligan and The Sandbox are both Web3 entertainment ecosystem projects, which is why users often compare them. Although both involve NFTs, digital assets, and community interaction, My Pet Hooligan places greater emphasis on AI-powered transmedia IP, a third-person shooter, and entertainment content, while The Sandbox is more focused on an open UGC metaverse and virtual land economy.

Gate Research Weekly Report: This week, the crypto market showed strong performance, with BTC and ETH both rising about 7%. Bitcoin spot ETF net inflows reached $926 million, while Ethereum spot ETFs also maintained positive inflows. World Liberty Financial's sales hit $12.51 million. Horizon partnered with China Merchants Securities (HK) to launch a virtual asset ETF market-making solution. Symbiosis teamed up with Avail to promote innovation in a unified Web3 framework. Radiant Capital suspended its lending market after a vulnerability exploit, leading to an estimated loss of $58 million.The GOAT meme coin surged 3,000 times within a week of its launch.