Today, the Story public mainnet is officially launched. This milestone marks an important step in the mission to create a programmable IP market in the AI era. From now on, users can interact with Story's L1 blockchain, and the first wave of rewards is being distributed.

A New Asset Class is Needed in the AI Era

IP is the foundation of artificial intelligence. As AI transforms various industries at an unprecedented pace, IP is gradually becoming the most critical asset class of the 21st century.

IP is a $61 trillion asset class that encompasses a wide range of fields, including training data, scientific discoveries, code, brands, entertainment, and creative works.

However, AI is disrupting the IP system as we know it. The traditional IP system can no longer keep up with the speed and scale of generative AI development. Centralized intermediaries make the costs of trading, licensing, and monetizing IP prohibitively high. IP owners find their works used in AI models without attribution or compensation, and even AI companies themselves cannot sign millions of individual licensing agreements.

AI and IP are caught in a zero-sum game, making the creative market difficult to understand and lacking liquidity.

Story proposes a brand new intellectual property framework aimed at creating an open and programmable market for IP. Story is a peer-to-peer intellectual property network specifically designed to transform IP into a programmable asset class, enabling permissionless trading, rights confirmation, and monetization across AI and the broader internet.

The Story mainnet will become a global intellectual property network, with $IP as the foundational currency of this network.

Layer 1 Built for Specific Purposes

The future of blockchain infrastructure lies in Layer 1 built for specific purposes.

By applying blockchain to a specific problem to be solved, Story unlocks applications that were previously impossible. Instant IP licensing and remixing can now be done with a single click, free from legal constraints. Creators can control how their works train AI models and ensure fair revenue distribution. IP can also be tokenized as real-world assets (RWA), opening up new financial opportunities through IP finance (IPFi).

After three years of relentless effort, every core contributor and the entire ecosystem should feel immensely proud of their role in achieving this milestone. We envision a world where innovation is limitless, intellectual property is the engine of progress, and collaboration drives global economic prosperity, all powered by blockchain and AI technologies. Today, we take another significant step on the path to realizing this vision.

Story Ecosystem

The Story blockchain allows users to upload their own IP, set usage terms, and profit within the application ecosystem. No matter where the IP is used, royalties and ownership will automatically flow back to the IP owner—this is an important step toward a better internet.

These features bring new opportunities for IP holders. By tokenizing IP, Story ensures that any IP asset can be open for use, trading, and monetization by anyone. This creates an open market for the trading of IP and related rights, bringing new opportunities for IP owners, application developers, and consumers.

IP holders can register and tokenize their IP, protecting their works on-chain, and define how they can be used, remixed, or monetized through embedded parameters. Developers can build applications on Story's programmable IP infrastructure, creating the next generation of AI tools, licensing platforms, and IP markets.

The Story ecosystem has already launched various applications covering IPFi, RWA, consumers, and AI. This is just the beginning—more projects will be launched in the coming weeks.

Please visit our ecosystem portal to explore Story's ecosystem applications.

Day 1 Reward Query Portal Open

Starting from February 13, 2025, at 16:00 Beijing time, users can check their eligibility and claim their airdrop rewards through Story's reward query portal, which will be open for 30 days. If you are one of the early members of our community, you can now participate in the network and interact.

Click here for more information about claiming Day 1 rewards and future incentive plans.

This is Day 1

The launch of the Story mainnet is just the first step in a long journey ahead. In the coming months, Story will introduce additional incentives, products, and applications within the ecosystem and community.

This is just the beginning. Join us in driving the prosperous development of human intellectual output.