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Story Protocol: What is it? A blockchain platform called Story Protocol introduces intellectual property (IP) to the blockchain. It supports AI, DeFi, and consumer use cases by making IP programmable and accessible. The key components of Story Protocol are summarised as follows: Purpose-Built Blockchain: A layer 1 blockchain created to successfully and economically manage intricate data structures, such as intellectual property. Tokenised Intellectual Property: Story makes intellectual property (IP) programmable and accessible by bringing it to the blockchain. apps Ecosystem: It facilitates a range of apps that use tokenised IP for creative applications such as IPFi. The Universal License Agreement offers creative ways to smoothly integrate code and legislation. Modular Smart Contract Protocol: Using a modular smart contract architecture, IP is tokenised and made programmable.US$140 million has been raised by Story Protocol.
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