Story

Story is a Layer 1 (L1) blockchain specifically built to establish a foundation for intellectual property (IP) on the internet. It allows creators to effortlessly register, license, and monetize their IP assets. By utilizing blockchain technology, Story offers a clear and efficient system for IP attribution, licensing, and commercialization.

$IP Token Utility

• The $IP token serves as the native utility token for various functions, including:
• Covering transaction fees (gas) on the Story blockchain.
• Registering and validating intellectual property assets (IPAs).
• Licensing IP assets and acquiring commercial rights.
• Engaging in governance decisions within the Story ecosystem.
• Staking to enhance network security and validation.
• Facilitating revenue-sharing and royalty distribution for IP owners.

Key Tools Offered by Story

• Story provides several tools to enhance user experience:
• Story Explorer: An interface for discovering registered IP assets.
• StoryKit: White-label UI tools designed for developers in the ecosystem.
• IP Hub: A centralized repository for managing and registering IP.
• Licensing Module: Enables permissionless licensing and monetization of IP.
• Dispute Module: Supports staking-based resolution of IP disputes.

Circulation of $IP Tokens

The total supply of $IP tokens is capped at 1 billion, with an initial circulating supply of around 250 million tokens (25% of the total) expected at launch.

• Planned Token Distribution at Launch
• Foundation: 5% (potentially released in phases)
• Ecosystem + Community: 10%
• Initial Incentives: 10%

Founders of Story

Story was established by a team of seasoned entrepreneurs and engineers with expertise in blockchain, AI, and digital media.

Where to Purchase Story ($IP)

$IP tokens are anticipated to be available on major cryptocurrency exchanges after the Token Generation Event (TGE) scheduled for February 2025. The project is currently negotiating listings with exchanges like Coinbase and OKX, with more information on listings to be announced as the mainnet launch approaches.