Story (IP) is a blocky of intellectual property (FM) that aims to solve problems. CosmossDK and cosmos’ cometbft. A fm can represent any defined and represented creation: an artwork, a video, a digital identity, a audience or even a trade technique. Story Protocol thus provides a decentralized infrastructure that allows creators to register, manage and turn their works transparent and automatically.
Who is Story Protocol Founder?
Story Protocol was founded in 2022 by Seung Yoon Lee, Jason Zhao and Jason Levy. The project aims to address the challenges in intellectual property (FM) management and transforming money by using blockynir technology.
Story Protocol has collected $ 134 million in three financing rounds, mostly managed by A16Z Crypto. In May 2023, he collected 29.3 million dollars, the series in September 2023 secured $ 25 million, and finally the series B in August 2024 brought $ 80 million.
On February 13, 2025, Story Protocol announced the launch of the public main network Homer. This was accompanied by an IP Token launch through an Airdrop.
What is IP Token?
The IP Token is the local crypto currency of the story network. Story Protocol launched the IP Token with AirDrop with the main net launch on February 13th. According to Coingecko data, IP Token rose to $ 6.72 in a week and took its place among the top 100 crypto currencies.
Fulfills a few important functions:
- Transaction Fees: Used to process intellectual property registrations, license agreements and copyright payments.
- Stinging and Network Safety: Virifications Stake their IP tokens to ensure bloczinciri safety.
- Copyright and Income Distribution: Intellectual property assets automatically distribute earnings when income.
- Transactions from the vehicle to intermediary: It allows artificial intelligence models and Dapps to licens and trade IP assets in an autonomous manner.
Story (IP) transaction volume has been $ 788.759.960 in the last 24 hours compared to the writing date of the article. This value means an increase of 139.60 percent compared to the previous day.
Story (IP) Distribution
Story puts IP at the center of a new era of existence, especially with the acceleration of artificial intelligence. Nevertheless, complex legal frameworks and registered barriers often prevent income sharing. Story aims to solve these problems by reshaping the “programmable assets en supported by the IP Token in KATAN1 Blocking.
- 58.4 percent: Ecosystem and community grants, foundation resources and first incentives – this broad category encourages developer participation, community activities, marketing and educational efforts that expand the IP network.
- 21.6 percent: Early supporters – early participating investors and consultants. Tokens are activated for 48 months.
- 20 percent: Those who contribute to the basic – key founders are rewarded with a perennial entity process with team incentives compatible with the long -term vision of Story Protocol.
How does Story Protocol work?
Story of traditional blocks of blocks uses a guided graphic structure in which each IP is connected to derivative work, which improves information processing. In addition, a local copyright module promotes a cooperation -based ecosystem by automatically returning some of the income from the derivative studies to the original creators.
Finally, Story Protocol’s over -chain licenses are supported by non -chain legal contracts that guarantee legal validity and compliance with international standards, such as the BERN Convention, and provide legally recognized licenses in more than 180 countries.
Record IP to Bloczinci
To save the content, the creators provide Proof of Authorship or a stamped record that confirms their rights. This can be done via a user -friendly DApp, which receives the latest information and distributes a marker that represents the IP presence. Ownership is placed in the chain. Thus, any possible user can confirm who has rights.
Licensing and copyright payments
License agreements turn into automatic code lines. Smart contracts define the permissible scope of the permissible use, whether a character in a comic book or indefinite use in a game.
Payment departments can directly go to the wallet addresses of original authors, common authors or contributions. This self -executed format also reduces concerns about late or incomplete copyright payments by promoting confidence.
