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.
Unlike previous launches that unfairly benefited insiders with regard to staking rewards, $IP staking follows a fair launch principle: There are no early staking rewards for the foundation or early contributors–the community earns rewards simultaneously with everyone else. During the Singularity Period, which lasts approximately 42 days after our January 19, 2025 genesis block 0, everyone is welcome to stake or delegate—but no staking rewards will be earned. This procedure offers everyone a chance to decide to stake. After the Big Bang event, which concludes the Singularity Period, everyone will fairly earn staking rewards at the same time.
