What Happened?
The on-chain IP sector leader Story, which a16z has been planning for three years, is about to go live on the mainnet, creating a brand-new hotspot.

Quickly Understand Story Protocol
Story is not a simple NFT project.

In a nutshell, Story has created a platform for aggregating and monetizing intellectual property (IP) through patent licensing, using its own innovative technology to allow users to register creative assets (music, images, code, patents, etc.) as on-chain intellectual property (IP assets). Each IP asset is equipped with Programmable Licensing, which can automatically perform operations such as licensing, revenue distribution, and inheritance of licenses. Through a decentralized market, IP assets can be traded, lent, leased, and even used in DeFi applications (e.g., as collateral).

Resonance with the Times (Most Important)
In addition to the basic technology, the advent of the AI era allows creators to also receive compensation for AI training data. Through Story, creators can directly trade their intellectual property on the global market, and AI training companies can obtain legal training data in a transparent and fair manner, ultimately promoting collaborative innovation between humans and AI. This also deeply resonates with the upcoming AI era. Story is a creative project that fits the background of the times, and if operated properly, it has unlimited potential. Below, we will delve into the entire process of the innovative technology!

Core Technology Implementation Logic
Story's overall architecture is divided into three layers:

• Execution Layer: Responsible for the execution of all transactions and smart contracts, including a main core (EVM-compatible) and multiple specialized cores. The main core provides Ethereum Virtual Machine (EVM) compatibility for easy migration of existing applications. The specialized cores optimize operations related to intellectual property management (such as registration, inquiry, and verification of intellectual property).

• Storage Layer: Responsible for data storage, using optimized data management strategies to improve performance and scalability. Specifically, it combines on-chain storage and offline storage solutions (such as IPFS, Arweave) to handle big data while ensuring the reliability and traceability of storage.

• Consensus Layer: Uses the Tendermint protocol (implemented through CometBFT) to ensure the security, fault tolerance, and final consistency of the blockchain. The Proof of Stake (PoS) mechanism ensures network security and uses staking incentives to ensure the honest behavior of validators.

Implementation Logic of Intellectual Property Programmability
Each intellectual property asset in Story can be dynamically managed through smart contracts, including the following three cores:

• Licensing: Creators can set their own licensing scope and requirements for their intellectual property assets, such as scope of use, licensing fees, and royalty rates. Once set, these terms are automatically executed without human intervention.

• Royalties: The royalty module can automatically manage the revenue distribution between creators and derivative works, achieving intelligent tracking and distribution of earnings.

• Proof of Creativity (PoC): Through the PoC protocol, each registered intellectual property asset can track its origin, licensing, and derivative relationships, ensuring that the rights of creators and users are not infringed.

AI Integration
Story incorporates artificial intelligence (AI) into its future expansion framework, launching a dedicated AI core. This core allows AI agents to autonomously conduct IP transactions through smart contracts, such as obtaining datasets for AI model training and providing training licenses to models. This integration will accelerate the interaction between AI and intellectual property, promoting AI-driven innovation.

Economic Flow Model
Creator Economy:
(1) Creators register their ideas on the Story blockchain, forming digital assets (ERC-721).
(2) Creators set programmable licensing terms, and through the licensing and royalty modules, they set licensing conditions, with smart contracts automatically distributing earnings.
(3) Every time an IP asset is used, creators automatically receive royalty payments, ensuring that their income is distributed in real-time and fairly.

AI Training Collaboration Economy:
Story's introduction of the AI core allows AI agents to autonomously conduct intellectual property transactions, licensing, and copyright distribution. Through the Agent TCP/IP protocol, AI agents can automate the acquisition, use, and creation of intellectual property, with earnings distributed without human intervention.

Market Economy:
Through the Proof of Creativity (PoC) protocol, all IP assets can be transparently tracked for their use, licensing, and derivation across the network. This not only increases market transparency but also enhances the liquidity of IP assets. Creators, developers, and users can clearly understand the origin, usage, and royalty payment status of assets, thereby building a healthier and more equitable market.

Project Development Analysis
Story Protocol's project has several characteristics of an explosion. First and foremost is its timely mechanism. In the era of the AI boom, it can provide a smart contract model that truly ensures the interests of all parties, effectively enhancing productivity. This timeliness will also extend the project's life cycle indefinitely. It is no wonder that a16z has been boosting it for three consecutive years.

From an investor's perspective, such strong technology projects often start low and rise high. The project has announced that the mainnet is about to go live, which is good news. Given the current Bitcoin market situation, the main force has already completed the sale at the top and is now in the process of a new round of accumulation. Therefore, projects launched in the second and third quarters will be able to ride the two waves of the times! One is the expected Fed quantitative easing (commonly known as "money printing") after the "King" sweeps both houses of Congress. The other is the Bitcoin accumulation followed by another surge, which is also to capture the liquidity after the money printing. Therefore, the second and third quarters are an excellent timi

Crypto Value Firm
February 6, 2025, 18:29ng for the project to go live!

What Happened?
The on-chain IP sector leader Story, which a16z has been planning for three years, is about to go live on the mainnet, creating a brand-new hotspot.

Quickly Understand Story Protocol
Story is not a simple NFT project.

In a nutshell, Story has created a platform for aggregating and monetizing intellectual property (IP) through patent licensing, using its own innovative technology to allow users to register creative assets (music, images, code, patents, etc.) as on-chain intellectual property (IP assets). Each IP asset is equipped with Programmable Licensing, which can automatically perform operations such as licensing, revenue distribution, and inheritance of licenses. Through a decentralized market, IP assets can be traded, lent, leased, and even used in DeFi applications (e.g., as collateral).

Resonance with the Times (Most Important)
In addition to the basic technology, the advent of the AI era allows creators to also receive compensation for AI training data. Through Story, creators can directly trade their intellectual property on the global market, and AI training companies can obtain legal training data in a transparent and fair manner, ultimately promoting collaborative innovation between humans and AI. This also deeply resonates with the upcoming AI era. Story is a creative project that fits the background of the times, and if operated properly, it has unlimited potential. Below, we will delve into the entire process of the innovative technology!

Core Technology Implementation Logic
Story's overall architecture is divided into three layers:

• Execution Layer: Responsible for the execution of all transactions and smart contracts, including a main core (EVM-compatible) and multiple specialized cores. The main core provides Ethereum Virtual Machine (EVM) compatibility for easy migration of existing applications. The specialized cores optimize operations related to intellectual property management (such as registration, inquiry, and verification of intellectual property).

• Storage Layer: Responsible for data storage, using optimized data management strategies to improve performance and scalability. Specifically, it combines on-chain storage and offline storage solutions (such as IPFS, Arweave) to handle big data while ensuring the reliability and traceability of storage.

• Consensus Layer: Uses the Tendermint protocol (implemented through CometBFT) to ensure the security, fault tolerance, and final consistency of the blockchain. The Proof of Stake (PoS) mechanism ensures network security and uses staking incentives to ensure the honest behavior of validators.

Implementation Logic of Intellectual Property Programmability
Each intellectual property asset in Story can be dynamically managed through smart contracts, including the following three cores:

• Licensing: Creators can set their own licensing scope and requirements for their intellectual property assets, such as scope of use, licensing fees, and royalty rates. Once set, these terms are automatically executed without human intervention.

• Royalties: The royalty module can automatically manage the revenue distribution between creators and derivative works, achieving intelligent tracking and distribution of earnings.

• Proof of Creativity (PoC): Through the PoC protocol, each registered intellectual property asset can track its origin, licensing, and derivative relationships, ensuring that the rights of creators and users are not infringed.

AI Integration
Story incorporates artificial intelligence (AI) into its future expansion framework, launching a dedicated AI core. This core allows AI agents to autonomously conduct IP transactions through smart contracts, such as obtaining datasets for AI model training and providing training licenses to models. This integration will accelerate the interaction between AI and intellectual property, promoting AI-driven innovation.

Economic Flow Model
Creator Economy:
(1) Creators register their ideas on the Story blockchain, forming digital assets (ERC-721).
(2) Creators set programmable licensing terms, and through the licensing and royalty modules, they set licensing conditions, with smart contracts automatically distributing earnings.
(3) Every time an IP asset is used, creators automatically receive royalty payments, ensuring that their income is distributed in real-time and fairly.

AI Training Collaboration Economy:
Story's introduction of the AI core allows AI agents to autonomously conduct intellectual property transactions, licensing, and copyright distribution. Through the Agent TCP/IP protocol, AI agents can automate the acquisition, use, and creation of intellectual property, with earnings distributed without human intervention.

Market Economy:
Through the Proof of Creativity (PoC) protocol, all IP assets can be transparently tracked for their use, licensing, and derivation across the network. This not only increases market transparency but also enhances the liquidity of IP assets. Creators, developers, and users can clearly understand the origin, usage, and royalty payment status of assets, thereby building a healthier and more equitable market.

Project Development Analysis
Story Protocol's project has several characteristics of an explosion. First and foremost is its timely mechanism. In the era of the AI boom, it can provide a smart contract model that truly ensures the interests of all parties, effectively enhancing productivity. This timeliness will also extend the project's life cycle indefinitely. It is no wonder that a16z has been boosting it for three consecutive years.

From an investor's perspective, such strong technology projects often start low and rise high. The project has announced that the mainnet is about to go live, which is good news. Given the current Bitcoin market situation, the main force has already completed the sale at the top and is now in the process of a new round of accumulation. Therefore, projects launched in the second and third quarters will be able to ride the two waves of the times! One is the expected Fed quantitative easing (commonly known as "money printing") after the "King" sweeps both houses of Congress. The other is the Bitcoin accumulation followed by another surge, which is also to capture the liquidity after the money printing. Therefore, the second and third quarters are an excellent timi

Crypto Value Firm
February 6, 2025, 18:29ng for the project to go live!