Story Protocol Debuts Mainnet to Bypass IP’s 'Rent-Seeking Intermediaries'

Quick Summary:

The network aims to reduce legal friction for IP owners, in the hopes of tapping into a multi-trillion-dollar industry.

On Thursday, the Story Foundation unveiled a so-called rewards portal, letting early users and community members claim 10% of IP’s supply.

Story’s whitepaper specifically mentions pharmaceutical companies and media institutions as entities that can turn IP catalogs into relatively productive assets using the network.

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Article Details

Author / Journalist: André Beganski

Category: Crypto

Markets: Estonia

Topics: DeFi Decentralized Finance Artificial inteligence A16z Intellectual property Story Protocol

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-13 @ 08:01:02 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: decrypt.co

Language: English

Article Length: 609 words

Reading Time: 4 minutes read

Sentences: 24 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Decrypt

News ID: 26114777

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About Decrypt

Main Topics: Crypto

Official Website: decrypt.co

Update Frequency: 3 posts per day

Year Established: 2018

Headquarters: Estonia

News Last Updated: 16 hours ago

Coverage Areas: Estonia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #63

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