Original title: Tell Your Stories Through Story
Original author: 0xJeff ( @Defi0xJeff )
Compiled by: Asher ( @Asher_0210 )
What is Story?
Story is committed to building a programmable knowledge and creative market, allowing all intellectual property assets to be registered on a universal ledger with customizable parameters. This asset is equipped with a composable interface that can be called by any software application or artificial intelligence model to realize the use and monetization of intellectual property on the Internet. Storys native token IP will coordinate all value flows throughout the entire peer-to-peer intellectual property system (for a more comprehensive understanding of Story, it is recommended to read the project white paper ). In short, Story provides the following:
Programmable IP: Story allows creators to register their IP onto the blockchain, making it “programmable.” This means that the rights, licensing conditions, and monetization rules for the IP can be encoded into smart contracts, automating processes such as licensing and royalty distribution. For example, as a creator, you can define specific conditions—such as allowing the community to use the IP to issue Meme coins, but only if they allocate a specific percentage of the token supply to the original creator—and these conditions are automatically enforced through smart contracts, ensuring fair distribution and compliance without the need for intermediaries.
Tokenization of intellectual property: By putting intellectual property on the blockchain and tokenizing it, creators can enhance the liquidity of their assets. Tokenized intellectual property makes it possible for anyone to license, trade, and monetize while still protecting the legal rights of the owner. This provides a superior and more open financialization model for intellectual property holders, investors, and global fans, unlocking potential opportunities.
Separation of ownership and cash flow/royalty income stream mechanism: Story has built-in PT/YT mechanism similar to Pendle , which separates intellectual property ownership (represented in the form of NFT) from cash flow/royalty income stream. This separation provides greater flexibility to manage and monetize intellectual property assets.
Storys ecosystem is rising rapidly and gradually becoming one of the most attractive projects in this cycle. With its diverse application scenarios and strategic partners, Story is expected to become a core platform for hosting important intellectual property. These intellectual property rights will include hit songs from world-class artists, a vast universe co-created by the community, and an intellectual property ecosystem driven by artificial intelligence. Through these unique contents, Story is building an innovative and open digital creative ecosystem. The following are the most representative projects in the Story ecosystem at present:
Aria
Aria is an innovative platform that combines intellectual property (IP) tokenization with real assets. It brings major intellectual property such as Justin Biebers Peaches to the blockchain, allowing anyone to invest in or build on their favorite songs, books, movies, artwork, patents, brands, and AI training data, covering almost all creative assets.
So far, Aria has successfully tokenized two IPs, including Prisoner by Miley Cyrus and Dua Lipa. Both IPs participated in Arias first launch event and worked with StakeStone to raise $7 million in just 9 minutes. The funds raised will be used to acquire more than 50 partial publishing and performance rights and generate revenue through platforms such as Web2 royalty streams, Story, Aria and Stake Stone.
In addition, a top idol brand from South Korea is rumored to be Arias next acquisition target. Currently, the way to participate in Arias launch event is to deposit USDT or USDC into the Stake Stone vault, and its upper limit has recently been increased from US$7 million to US$15 million. This provides users with the opportunity to participate in the worlds top intellectual property and creates a brand new platform for creators and investors.
ip.world
Remember “Chill Guy” and the CHILLGUY Meme Coin that the anonymous user launched on CT? The original creator Philip Banks tried to copyright it but was ultimately unsuccessful.
This is where ip.world steps in. It provides a platform for Meme coins, allowing these tokens to be tied to real intellectual property. When a Meme coin is launched, a portion of the supply is reserved exclusively for verified IP owners, ensuring that creators receive their fair share. In this way, ip.world provides creators and investors with an innovative mechanism to protect intellectual property.
Verio
Verio is the IP token liquidity staking layer and intellectual property verification service in the Story ecosystem. By staking IP tokens, users can endorse the authenticity of assets, thereby helping to filter out false intellectual property claims. This mechanism is similar to Ethereums re-staking, which verifies the validity of intellectual property through cryptoeconomic trust.
Among them, vIP (liquid staking token) is similar to stETH and can be widely used in Storys decentralized financial ecosystem. Through this innovative mechanism, Verio provides Story with a strong IP verification and liquidity enhancement solution.
Jutsu World
Jutsu World is a blockchain-based trading card game that uses an enhanced version of the ERC404 standard, providing a re-draw experience and adding a dynamic element to the gameplay. Through this innovative mechanism, Jutsu World brings players a richer and more interactive gaming experience.
Benjamin
Benjamin is the first DeFAI agent in the Story ecosystem, aiming to be the gateway connecting DeFi and the Story ecosystem. Benjamin is managed by Unleash Protocol , the leading money market and intellectual property launch platform in the Story ecosystem.
Unleash Protocol plans to develop AI agents into personal intellectual property characters, not just mascots or memes, but personalities like Thomas Shelby or Steve Jobs for users to interact directly with. Their goal is to provide creators with the opportunity to license moments of their own lives through Story, thereby earning significant income and community influence through these AI representatives.
F̶r̶e̶g̶ T̶h̶e̶ V̶i̶g̶i̶l̶a̶n̶t̶e̶
F̶r̶e̶g̶ T̶h̶e̶ V̶i̶g̶i̶l̶a̶n̶t̶e̶ is the first AI agent meme coin in the Story ecosystem, using Storys TCP/IP standard (TCP/IP is Storys protocol that allows AI agents to trade intellectual property). What The Freg is Pepes nemesis, aiming to challenge the status quo and expose fake and stolen memes in Web3. Through this project, What The Freg attempts to promote authenticity and transparency in the Web3 community and become a symbol of resistance to tradition.
SoloAI
Solo AI, backed by Sequoia Capital , is an AI-driven music platform that aims to make it easy for everyone to create music, regardless of whether they have a musical background. Through this platform, Solo AI breaks down the barriers to music creation and enables more people to participate in the music creation process.
Mimboku
Mimboku is an NFT series project in the Story ecosystem. It will become the first OG collection series in the Story ecosystem and may receive airdrops and incentives from other projects in the future. Although the specific minting date has not yet been announced, it is expected to be launched shortly after the official launch of the Story mainnet. Now, you can still strive to obtain whitelist qualifications by actively participating in the Discord community or creating high-quality content, emoticons, and artwork.
summary
The Story ecosystem is gradually becoming one of the most exciting innovations in Web3. Whether it is music, Meme coins or artificial intelligence, Story is building a programmable and liquid intellectual property economy that returns power to creators. Finally, the Story mainnet is about to be launched, so keep a close eye on the dynamics of the ecological project.
