Story Protocol introduces $IP, the native token of its Layer 1 blockchain, designed to support an open and programmable market for intellectual property

Event date

Feb 7, 2025 - 12:00am

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Intellectual property management protocol Story has released its tokenomics ahead of a planned mainnet launch.

A16z-backed Story Protocol, a Layer 1 network built for IP management, has unveiled details of the tokenomics for its native token ahead of a mainnet launch.

Story proposes an entirely new framework for intellectual property, one that creates an open and programmable market for IP. Story is a peer-to-peer intellectual property network purpose-built to transform IP into a programmable asset class, enabling permissionless exchange, ownership, and monetization across AI and the broader internet. Sitting at the heart of the IP ecosystem, $IP fuels Story’s L1 blockchain.