It's undeniable that Story Protocol has been quite busy lately. Let's take a look at their recent updates.
Story Protocol Updates
On January 14, 2025, Layer 1 IP blockchain Story Protocol announced the launch of the BN Wallet mission event from January 13 to February 5. By completing tasks on Binance Wallet, users have the chance to win 444,444 IP tokens, with new tasks being released weekly. [Instructions at the end of the article]
Additionally, on January 13, Jason Zhao, co-founder of IP blockchain Story, announced that he will donate all his AICC tokens (approximately $1.78 million) to the development of Story and other open-source AI projects on other blockchains.
Furthermore, Story Protocol's first public testnet, Iliad, allows users to receive an NFT called "Iliad launch IP Asset" by completing tasks. It is expected that future promotions will revolve around this NFT. [Instructions at the end of the article]
Story Protocol Updates
Story Protocol is a Layer 1 blockchain specifically designed for intellectual property (IP), redefining the value creation and monetization of IP through blockchain technology. Its core feature is the tokenization of various IP assets and the management of IP usage rights and revenue distribution through smart contracts.
Story Protocol provides a simplified framework for managing the entire lifecycle of IP development, supporting functions such as source tracking, frictionless licensing, and revenue sharing. Applications built on Story Protocol are designed for creators of all media (prose, images, games, audio, etc.), enabling writers and artists to track the provenance of their works, allowing anyone to contribute and remix while capturing the value of their contributions.
Brief Analysis of the Story Protocol Ecosystem
Criteria for determining whether it's worth paying attention to include: whether it's a native project, its ecological importance, and whether the founding team is focused, etc., to maximize the probability of airdrops!
Blockchain Games
DEX-related applications
Artistic creation platforms
NFT facilities
DeFi & IpFi
Launch platforms
Additionally, Story (formerly Story Protocol) announced a strategic partnership with AI image generation giant Stability AI. Together, they will create a new paradigm for open-source AI development, leveraging blockchain technology to track, confirm ownership, and distribute the value of AI creators' contributions.
Story Protocol Team
The final decision on the airdrop rests with the Story Protocol team, who may determine the distribution based on factors such as participants' activity levels and contributions.
Seung Yoon Lee (Co-founder & CEO):
Founded the mobile serialized novel platform Radish, which was acquired by Korean Kakao Entertainment for $440 million in 2021. His novel platform shares some commonalities with the Story economic model, enabling creators to earn derivative revenue. He has a deep understanding of content creators' needs, platform operation experience, and commercialization experience.
Jason Zhao (Co-founder):
Authored the Story whitepaper and serves as the protocol lead for Story Protocol, primarily responsible for technical development. He previously served as a product director at Google DeepMind, translating AI research into customer-facing applications.
Jason Levy (Co-founder):
Led content for the popular storytelling app Episode; served as a financial analyst at Apple for five years and founded mobile entertainment startup Worlds Between. His core strengths lie in content operation and financial analysis.
Story Protocol Funding
Since 2023, Story Protocol has completed three rounds of large-scale funding, raising a total of $134 million:
Seed Round: Led by a16z crypto, raising $29.3 million.
Series A Round: Also led by a16z crypto, raising $25 million.
Series B Round: Successfully completed in August 2024, raising $80 million.
Recent Tasks for Story Protocol
How to Claim Story IP
Attention to those who like to procrastinate! Two reminders:
Although it currently shows that there are 170,000 spots left, the actual remaining spots may be fewer.
Don't worry about using a mobile phone for minting the badge; simply open the link and scan with your BN wallet to mint.
Process: Connect an EVM-compatible wallet (such as MetaMask), obtain test tokens from the Story Protocol testnet faucet, complete the casting of NFTs, engage in social activities, interact with partner projects in the Story Protocol ecosystem, collect badges or roles, and accumulate points.
Summary of Story Protocol
In a nutshell, Story Protocol is: AI + Blockchain + IP = Story Protocol, reassigning value to intellectual property and giving institutions endless imagination.
As the Token Generation Event (TGE) approaches, Story plans to explore multiple innovative application scenarios, including registering artists' unique styles, voices, and other training data as IP on the blockchain with transparent usage terms. When creators use these IPs to train models and commercialize them, the revenue generated will be distributed proportionally to all participants in the value chain based on their contributions.
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It's undeniable that Story Protocol has been quite busy lately. Let's take a look at their recent updates.
Story Protocol Updates
On January 14, 2025, Layer 1 IP blockchain Story Protocol announced the launch of the BN Wallet mission event from January 13 to February 5. By completing tasks on Binance Wallet, users have the chance to win 444,444 IP tokens, with new tasks being released weekly. [Instructions at the end of the article]
Additionally, on January 13, Jason Zhao, co-founder of IP blockchain Story, announced that he will donate all his AICC tokens (approximately $1.78 million) to the development of Story and other open-source AI projects on other blockchains.
Furthermore, Story Protocol's first public testnet, Iliad, allows users to receive an NFT called "Iliad launch IP Asset" by completing tasks. It is expected that future promotions will revolve around this NFT. [Instructions at the end of the article]
Story Protocol Updates
Story Protocol is a Layer 1 blockchain specifically designed for intellectual property (IP), redefining the value creation and monetization of IP through blockchain technology. Its core feature is the tokenization of various IP assets and the management of IP usage rights and revenue distribution through smart contracts.
Story Protocol provides a simplified framework for managing the entire lifecycle of IP development, supporting functions such as source tracking, frictionless licensing, and revenue sharing. Applications built on Story Protocol are designed for creators of all media (prose, images, games, audio, etc.), enabling writers and artists to track the provenance of their works, allowing anyone to contribute and remix while capturing the value of their contributions.
Brief Analysis of the Story Protocol Ecosystem
Criteria for determining whether it's worth paying attention to include: whether it's a native project, its ecological importance, and whether the founding team is focused, etc., to maximize the probability of airdrops!
Blockchain Games
DEX-related applications
Artistic creation platforms
NFT facilities
DeFi & IpFi
Launch platforms
Additionally, Story (formerly Story Protocol) announced a strategic partnership with AI image generation giant Stability AI. Together, they will create a new paradigm for open-source AI development, leveraging blockchain technology to track, confirm ownership, and distribute the value of AI creators' contributions.
Story Protocol Team
The final decision on the airdrop rests with the Story Protocol team, who may determine the distribution based on factors such as participants' activity levels and contributions.
Seung Yoon Lee (Co-founder & CEO):
Founded the mobile serialized novel platform Radish, which was acquired by Korean Kakao Entertainment for $440 million in 2021. His novel platform shares some commonalities with the Story economic model, enabling creators to earn derivative revenue. He has a deep understanding of content creators' needs, platform operation experience, and commercialization experience.
Jason Zhao (Co-founder):
Authored the Story whitepaper and serves as the protocol lead for Story Protocol, primarily responsible for technical development. He previously served as a product director at Google DeepMind, translating AI research into customer-facing applications.
Jason Levy (Co-founder):
Led content for the popular storytelling app Episode; served as a financial analyst at Apple for five years and founded mobile entertainment startup Worlds Between. His core strengths lie in content operation and financial analysis.
Story Protocol Funding
Since 2023, Story Protocol has completed three rounds of large-scale funding, raising a total of $134 million:
Seed Round: Led by a16z crypto, raising $29.3 million.
Series A Round: Also led by a16z crypto, raising $25 million.
Series B Round: Successfully completed in August 2024, raising $80 million.
Recent Tasks for Story Protocol
How to Claim Story IP
Attention to those who like to procrastinate! Two reminders:
Although it currently shows that there are 170,000 spots left, the actual remaining spots may be fewer.
Don't worry about using a mobile phone for minting the badge; simply open the link and scan with your BN wallet to mint.
Process: Connect an EVM-compatible wallet (such as MetaMask), obtain test tokens from the Story Protocol testnet faucet, complete the casting of NFTs, engage in social activities, interact with partner projects in the Story Protocol ecosystem, collect badges or roles, and accumulate points.
Summary of Story Protocol
In a nutshell, Story Protocol is: AI + Blockchain + IP = Story Protocol, reassigning value to intellectual property and giving institutions endless imagination.
As the Token Generation Event (TGE) approaches, Story plans to explore multiple innovative application scenarios, including registering artists' unique styles, voices, and other training data as IP on the blockchain with transparent usage terms. When creators use these IPs to train models and commercialize them, the revenue generated will be distributed proportionally to all participants in the value chain based on their contributions.
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Richard.M.Lu
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