Story is a purpose-built layer 1 blockchain designed specifically for intellectual property. Here's the rundown:
Story allows you to register your IP on the blockchain. This IP could be an image, a song, an RWA, AI training data, or anything in-between.
You can add usage terms to your IP, which specifies how others can use it, like "You owe me 50% of your commercial revenue if you use my IP", or "You cannot create derivatives of my IP".
By making IP programmable on the blockchain, it becomes this transparent & decentralized global IP repository where AI agents (or any other software) and humans alike can transact on IP
FUNDING
As of 2024 Story Protocol has total Raised $ 134.30M . Funding rounds led by Andreessen Horowitz (a16z crypto), with participation from Polychain Capital, Cozomo de’ Medici, Adrian Cheng, Scott Trowbridge, etc.