UtilityGovernance token for the Karrat gaming ecosystem.
What it is
KARRAT is the governance token of the KARRAT Protocol, a decentralized infrastructure for gaming, entertainment, and AI that empowers community decision-making over integrated games and products.
Technology & consensus
The KARRAT Protocol is a decentralized gaming infrastructure protocol supporting gaming, entertainment, and AI ecosystems. It provides on-chain governance for how the protocol integrates into games and products; the first integrated title is AMGI Studios' My Pet Hooligan, which uses motion capture, AI-driven NPCs, and NFT embodiment. Governance runs in two phases: a 1-week temperature check via Snapshot-style polls, followed by formal on-chain KIP voting on Ethereum mainnet (requiring delegated tokens for proposal submission).
Token utility
KARRAT is the ERC-20 governance and utility token of the protocol: holders decide how the KARRAT Protocol integrates into games and products, and the token is used for in-game transactions, rewards, asset provenance, and participation in the gaming ecosystem.
Key risks & notes
No formal technical whitepaper exists; the KARRAT Foundation has published launch announcements and a governance constitution (per MiCA filings) rather than a whitepaper, so this summary is drawn from official announcements and filings. KARRAT's value is tightly coupled to adoption of the KARRAT Protocol in games, starting with My Pet Hooligan, and to broader gaming/AI ecosystem growth — a high-concentration, single-ecosystem bet.
Primary source
No whitepaper found. The summary below is drawn from the project’s official documentation, site, or repository instead — the substitution is disclosed, not hidden.
Research status
Classification: No whitepaper found · Researched · Source material: official project documents only.
Verification classClass CFORA-01 scale — verification, not a quality ranking
Claim type · Governance token
🎟️
What does the holder own?
Title, redemption claim, fractional ownership, reserve exposure — or just narrative.
Holder owns KARRAT, the governance token of the KARRAT Protocol, launched by the KARRAT Foundation. Foundation announcements state KARRAT lets the community govern how the protocol integrates into games and products, with My Pet Hooligan by AMGI Studios as the first integrated title. The MiCA-format whitepaper classifies it as a utility/governance token, corroborating the official announcement.
Needs an identifiable custodian or entity — not a wallet address or a label.
Researched: no independent evidence found of an underlying asset or custodian. The KARRAT Foundation supervises the protocol, but is not described as a custodian of reserves backing the token.
high confidence
❔ Unverified
📦
How are reserves checked?
Custodian records → inventory → third-party audit → supply reconciliation.
Researched: no independent evidence found of reserve claims or reserve attestation. On-chain supply is trackable, but no reserves-backing-holders claim exists to verify.
high confidence
❔ Unverified
🔑
How does redemption work?
Eligibility, minimums, fees, KYC, settlement — and what happens to the token.
Researched: no independent evidence found of redemption mechanics. KARRAT confers governance participation and protocol utility, not a right to redeem for assets.
high confidence
❔ Unverified
⚖️
Who is liable if redemption fails?
A legally accountable entity and jurisdiction — not a DAO label.
Researched: no independent evidence found of an entity liable for redemption failure, since no redemption is promised. The KARRAT Foundation oversees the protocol but is not identified as a redemption counterparty.
high confidence
❔ Unverified
❔ UNVERIFIED means not yet researched — not disproven. Rows marked “researched” were investigated and independent evidence was not found. Coverage expands as FORTUNA verifies. This dossier was researched 2026-09-15. Method: FORA-01 Asset Claim Verification Protocol.
❔ Frequently asked questions
What is Karrat (KARRAT)?
KARRAT is the governance token of the KARRAT Protocol, a decentralized infrastructure for gaming, entertainment, and AI that empowers community decision-making over integrated games and products.
What does the holder own?
Holder owns KARRAT, the governance token of the KARRAT Protocol, launched by the KARRAT Foundation. Foundation announcements state KARRAT lets the community govern how the protocol integrates into games and products, with My Pet Hooligan by AMGI Studios as the first integrated title. The MiCA-format whitepaper classifies it as a utility/governance token, corroborating the official announcement.
What is Karrat's verification status?
Karrat (KARRAT) carries verification class C (Class C): one or more questions are UNVERIFIED — researched, but independent evidence was not found. Unverified is a legitimate result, not a disproof. What would change it: Independent evidence on the unverified questions would move it — that is what UNVERIFIED invites.