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Information about Story Protocol (IP)
Story is a purpose-built layer 1 blockchain designed specifically for intellectual property. Story tokenizes any type of IP; whether that’s an idea, an image, a real world asset, a song, an AI model, an NFT or anything in-between.
By embedding usage terms, attribution, and royalty agreements directly into the blockchain, Story provides a transparent, decentralized solution for IP management. This enables IP holders to protect their work, collaborate on IP seamlessly, and unlock revenue opportunities in an AI-powered economy.
Through three funding rounds, the project has successfully raised a total of $140 million at a valuation of $2.25 billion. Notably, a16z has led all funding rounds, demonstrating the firm’s strong commitment to the project.
IP is a native coin of the Story Protocol ecosystem, operating on Story and can be used to:
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