Story Protocol (IP) Project Analysis
1. Research Institute Review
Story Protocol is a Layer 1 blockchain focused on intellectual property (IP) management. It supports global IP protection and aligns with international agreements such as the Berne Convention, providing legal safeguards for its on-chain authorization. By introducing the Agent TCP/IP framework, it enables autonomous IP transactions among multiple AI agents, including training data, creative styles, and investment strategies. Previously, Story Protocol announced a groundbreaking initiative: hiring AI agent Luna to manage its X (Twitter) account with an annual salary of 365,000 USDC. Story Protocol is not just a technical project but a new economic narrative, positioning its product as: AI + Blockchain + IP = Story Protocol.
2. Recent Surge Point
Story Protocol is a popular intellectual property project. Due to the project team’s previous testnet activities， this airdrop has attracted massive participation， with the community demonstrating high levels of engagement.
3. Project Introduction
Story Network is a purpose-built Layer 1 blockchain that combines the best features of EVM and Cosmos SDK. It is 100% EVM-compatible while incorporating deep execution-layer optimizations. Designed to handle complex data structures like intellectual property (IP) with speed and cost efficiency, the network supports graph-based data architectures. This is achieved through:
Story's "Proof of Creativity" protocol, natively deployed on Story Network, is a smart contract framework empowering creators to onboard IP assets. Through this protocol, creators can register their intellectual property as "IP Assets." These IP Assets (IPAs) serve as foundational programmable metadata units within the protocol, establishing standardized representations of IP rights and attributes on-chain.
4. Token Utility
Stake $IP to Secure the Network: Validators stake $IP to uphold blockchain security and integrity within Story's Proof-of-Stake consensus mechanism.
Use $IP as Gas for Transactions on Story: All transactions on Story require $IP as the gas token, ensuring continuous network operation.
Govern the $IP Ecosystem: Token holders participate in governance decisions, shaping the future of Story's on-chain intellectual property marketplace.
5. Tokenomics
The total supply of Story Protocol tokens is 10,000,000,000, and the tokenomics model is as follows:
| Category | Proportion | Allocation Details |
| Ecosystem | 38.4% | Ecosystem + Community: This category is dedicated to supporting developers, community members, and real users of Story through marketing, events, grants, and other activities, fostering ecosystem growth and community development. |
| Initial Incentives | 10% | The Initial Incentives category includes early reward programs designed to incentivize Story's development. |
| Core Contributions | 20% | The Core Contributors category includes allocations for hiring and retaining team members who contribute to Story blockchain's development. |
| Early Supporters | 21.6% | The Early Supporters category includes shares for early investors and advisors. |
| Foundation | 10% | The Foundation category includes support for foundation staff and services that drive Story blockchain's development, as well as essential services and education that enable its long-term prosperity. |
6. Project Highlights
None.
7. Investors
Story Protocol's founding team is from Korea and consists of three co-founders. It took only three weeks from their first contact with investors to completing their initial funding
round. Founded by Jason Zhao, Seung Yoon Lee, and Jason Levy, the team brings together experts in Crypto, intellectual property, and AI technology. Since 2023, they have completed three major funding rounds, raising a total of $134 million.
Seed Round: Led by a16z crypto, raised $29.3 million
Series A: Also led by a16z crypto, raised $25 million
Series B: Successfully completed in August 2024, raised $80 million
In addition to a16z crypto, other notable investors include Samsung Next Fund, Adrian Cheng (Executive Director of Chow Tai Fook Group), dao5, and other prominent investors.
8. Community
Twitter：https://x.com/StoryProtocol
Followers: 689K
9. Special Economic Model
None.
10. Future Outlook
The Story blockchain aims to enable creators to register their intellectual property to track its usage and protect their rights, ensuring they are compensated when their content is used or shared. Story transforms static intellectual property into programmable IP through its Creative Proof Protocol. This enables easy licensing and automatic royalty payments, opening up new possibilities for creators to monetize their work.
Story will ensure a sustainable path for internet creativity to flourish, benefiting both creators and AI without any intermediaries. "Creators can programmatically declare sovereignty and licenses on their intellectual property," while AI models "can now license and easily compensate creators for their data without lawyers and legal documents, making Story a win-win solution for both intellectual property and AI."
Basic Information
Project Introduction: Story Network is a purpose-built Layer 1 blockchain that implements the best features of EVM and Cosmos SDK. It is 100% EVM-compatible and has deep execution layer optimizations. It supports graphical data structures and is built to handle complex data structures such as IP quickly and cost-effectively. It does this by traversing complex data structures such as IP graphs in seconds at marginal cost using pre-compiled primitives, and by being based on a high-throughput consensus layer that ensures fast completion and cheap transactions.Story's Proof of Creation is a smart contract protocol deployed natively on the Story Network that allows any creator to introduce IP to the Story Network. Story's Proof of Creativity protocol is a smart contract protocol deployed natively on the Story Network that allows any creator to introduce IP into Story, and creators can register their IP as an “IP Asset” on the protocol, which is the underlying programmable IP metadata on the protocol.
Token Full Name: Story Protocol
Token Name: IP
Project Website: https://www.story.foundation/
Project Documentation: https://docs.story.foundation/docs/get-started-with-the-smart-contracts
Blockchain Query: None
Liquidity Query: None
Join the CoinW Institute to decipher the world of crypto with no threshold for quality projects!
CoinW Institute
2/12/2025
Story Protocol (IP) Project Analysis
1. Research Institute Review
Story Protocol is a Layer 1 blockchain focused on intellectual property (IP) management. It supports global IP protection and aligns with international agreements such as the Berne Convention, providing legal safeguards for its on-chain authorization. By introducing the Agent TCP/IP framework, it enables autonomous IP transactions among multiple AI agents, including training data, creative styles, and investment strategies. Previously, Story Protocol announced a groundbreaking initiative: hiring AI agent Luna to manage its X (Twitter) account with an annual salary of 365,000 USDC. Story Protocol is not just a technical project but a new economic narrative, positioning its product as: AI + Blockchain + IP = Story Protocol.
2. Recent Surge Point
Story Protocol is a popular intellectual property project. Due to the project team’s previous testnet activities， this airdrop has attracted massive participation， with the community demonstrating high levels of engagement.
3. Project Introduction
Story Network is a purpose-built Layer 1 blockchain that combines the best features of EVM and Cosmos SDK. It is 100% EVM-compatible while incorporating deep execution-layer optimizations. Designed to handle complex data structures like intellectual property (IP) with speed and cost efficiency, the network supports graph-based data architectures. This is achieved through:
Story's "Proof of Creativity" protocol, natively deployed on Story Network, is a smart contract framework empowering creators to onboard IP assets. Through this protocol, creators can register their intellectual property as "IP Assets." These IP Assets (IPAs) serve as foundational programmable metadata units within the protocol, establishing standardized representations of IP rights and attributes on-chain.
4. Token Utility
Stake $IP to Secure the Network: Validators stake $IP to uphold blockchain security and integrity within Story's Proof-of-Stake consensus mechanism.
Use $IP as Gas for Transactions on Story: All transactions on Story require $IP as the gas token, ensuring continuous network operation.
Govern the $IP Ecosystem: Token holders participate in governance decisions, shaping the future of Story's on-chain intellectual property marketplace.
5. Tokenomics
The total supply of Story Protocol tokens is 10,000,000,000, and the tokenomics model is as follows:
| Category | Proportion | Allocation Details |
| Ecosystem | 38.4% | Ecosystem + Community: This category is dedicated to supporting developers, community members, and real users of Story through marketing, events, grants, and other activities, fostering ecosystem growth and community development. |
| Initial Incentives | 10% | The Initial Incentives category includes early reward programs designed to incentivize Story's development. |
| Core Contributions | 20% | The Core Contributors category includes allocations for hiring and retaining team members who contribute to Story blockchain's development. |
| Early Supporters | 21.6% | The Early Supporters category includes shares for early investors and advisors. |
| Foundation | 10% | The Foundation category includes support for foundation staff and services that drive Story blockchain's development, as well as essential services and education that enable its long-term prosperity. |
6. Project Highlights
None.
7. Investors
Story Protocol's founding team is from Korea and consists of three co-founders. It took only three weeks from their first contact with investors to completing their initial funding
round. Founded by Jason Zhao, Seung Yoon Lee, and Jason Levy, the team brings together experts in Crypto, intellectual property, and AI technology. Since 2023, they have completed three major funding rounds, raising a total of $134 million.
Seed Round: Led by a16z crypto, raised $29.3 million
Series A: Also led by a16z crypto, raised $25 million
Series B: Successfully completed in August 2024, raised $80 million
In addition to a16z crypto, other notable investors include Samsung Next Fund, Adrian Cheng (Executive Director of Chow Tai Fook Group), dao5, and other prominent investors.
8. Community
Twitter：https://x.com/StoryProtocol
Followers: 689K
9. Special Economic Model
None.
10. Future Outlook
The Story blockchain aims to enable creators to register their intellectual property to track its usage and protect their rights, ensuring they are compensated when their content is used or shared. Story transforms static intellectual property into programmable IP through its Creative Proof Protocol. This enables easy licensing and automatic royalty payments, opening up new possibilities for creators to monetize their work.
Story will ensure a sustainable path for internet creativity to flourish, benefiting both creators and AI without any intermediaries. "Creators can programmatically declare sovereignty and licenses on their intellectual property," while AI models "can now license and easily compensate creators for their data without lawyers and legal documents, making Story a win-win solution for both intellectual property and AI."
Basic Information
Project Introduction: Story Network is a purpose-built Layer 1 blockchain that implements the best features of EVM and Cosmos SDK. It is 100% EVM-compatible and has deep execution layer optimizations. It supports graphical data structures and is built to handle complex data structures such as IP quickly and cost-effectively. It does this by traversing complex data structures such as IP graphs in seconds at marginal cost using pre-compiled primitives, and by being based on a high-throughput consensus layer that ensures fast completion and cheap transactions.Story's Proof of Creation is a smart contract protocol deployed natively on the Story Network that allows any creator to introduce IP to the Story Network. Story's Proof of Creativity protocol is a smart contract protocol deployed natively on the Story Network that allows any creator to introduce IP into Story, and creators can register their IP as an “IP Asset” on the protocol, which is the underlying programmable IP metadata on the protocol.
Token Full Name: Story Protocol
Token Name: IP
Project Website: https://www.story.foundation/
Project Documentation: https://docs.story.foundation/docs/get-started-with-the-smart-contracts
Blockchain Query: None
Liquidity Query: None
Join the CoinW Institute to decipher the world of crypto with no threshold for quality projects!
CoinW Institute
2/12/2025