Story $IP is a decentralized blockchain network for intellectual property registration and programmable IP markets. More
| Fully Diluted Valuation | $5.74B |
|---|---|
| 24H Trading Volume | $28.13M |
| 24H Low / High | $5.65 / $ 5.87 |
| Circulating Supply | 303.59 M |
| Total Supply | 1.01 B |
| Max Supply | ∞ |
| Categories | Artificial Intelligence (AI) 5 more |
|---|---|
| Founder | Anonymous |
| Website | story.foundation Whitepaper |
| Socials | 2 more |
| Explorer | Storyscan |
| Name | Pair | OG Score |
|---|
Story $IP is a decentralized blockchain network designed to revolutionize the intellectual property (IP) landscape. By creating a peer-to-peer system, Story $IP eliminates the need for centralized intermediaries, offering a universal repository for IP assets and a programmable market for their exchange. The network is purpose-built to address the inefficiencies of traditional IP systems, enabling direct transactions between individuals while reducing transaction costs and increasing accessibility.
At its core, Story $IP is powered by a multi-core architecture that includes a main execution core and specialized cores. This design ensures scalability, extensibility, and the ability to accommodate evolving applications and artificial intelligence (AI) use cases. The network also features a native intellectual property graph that represents the complex relationships between IP assets, creating a robust record of economic commitments.
Key Features
Decentralized IP Exchange
Story $IP enables peer-to-peer transactions of intellectual property without interference from intermediaries. Owners can set programmable terms for their IP assets, allowing for seamless monetization and exchange across various software applications.
Multi-Core Architecture
The network’s architecture includes specialized cores, such as the Intellectual Property Core, which efficiently handles IP registration, licensing, and monetization. This core transforms intelligence into programmable IP assets and supports complex graph operations for IP relationship management.
Proof of Creativity Protocol
The Proof of Creativity (PoC) protocol serves as a universal ledger for IP assets, enabling their registration, usage, and monetization. It traces the genealogy of IPs as they are used and expanded, ensuring transparency and accountability.
Native Token: $IP
The $IP token is the backbone of the Story $IP ecosystem. It facilitates transactions, secures the network through staking, and serves as the medium of exchange for IP-related revenue flows. Validators stake $IP to maintain network security and are rewarded based on their performance.
AI Integration
Story $IP provides a foundational layer for AI interactions. Agents can autonomously license IP assets, upgrade their knowledge base, and share revenue with original IP holders. This creates a positive economic exchange between AI and IP holders.
Use Cases
Universal Market for Intelligence
Story $IP creates a programmable market for IP, enabling applications to onboard existing IP catalogs and leverage them in economically productive ways. This includes fractionalizing IP assets, using them as collateral, or staking them in decentralized finance (DeFi) applications.
Agent-to-Agent and Agent-to-Human Transactions
The network supports agent-to-agent and agent-to-human IP exchanges, allowing for a marketplace of interactions where AI agents can autonomously license and monetize IP assets.
AI Training and Monetization
Story $IP serves as a settlement layer for AI transactions, enabling the training of AI models and the monetization of their outputs. This ensures that IP holders are compensated fairly for their contributions.
Founders, Backers, and Partners
The Story Foundation, the entity behind Story $IP, has received foundational support from a16z crypto, with Eddy Lazzarin and Scott Kominers playing key roles in the network’s design and the Proof of Creativity Protocol. Additional feedback and contributions were provided by Jason Yanowitz and Chainyoda, further strengthening the project’s foundation.
Conclusion
Story $IP represents a groundbreaking approach to intellectual property management, offering a decentralized, scalable, and programmable network for IP assets. By leveraging its multi-core architecture, Proof of Creativity protocol, and $IP token, Story $IP aims to create a new intelligence economy where knowledge and creativity can be exchanged freely and fairly.
Story $IP features a multi-core architecture, enabling efficient intellectual property registration, programmable IP markets, and seamless integration with AI and DeFi applications.
The founders are anonymous.
Story $IP is backed by a16z crypto, with contributions from Eddy Lazzarin, Scott Kominers, Jason Yanowitz, and Chainyoda.
