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How do you turn intellectual property into real income?
Story has the answer:
Royalty Module - enables automated revenue sharing across IP Assets (IPAs).
Each asset has a Royalty Vault with 100 Royalty Tokens, each representing 1% of the asset’s total revenue.
Two base models exist:
• LAP (Liquid Absolute Percentage) → all derivatives share with the parent IP.
• LRP (Liquid Relative Percentage) → only direct derivatives share with the parent IP.
But real-world cases often need more flexibility.
That’s where External Royalty Policy comes in.
This is a custom smart contract defining unique rules such as:
• Dynamic percentages
• Revenue thresholds
• Priority payback for investors.
For Example - Investor puts $1M into a pharma product. The first $1M profit goes entirely to them.
Afterwards, profits are split 70% to the scientist and 30% to the investor.
Story turns IP into real financial assets and unlocks new flexibility for both creators and investors.