Story Protocol will allocate 58.4% of its 1 billion total IP tokens to community-related distributions, including 38.4% for the ecosystem, 10% for the foundation, and 10% for initial incentives

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Of an initial supply of 1 billion IP tokens, 58.4% will be "allocated to the community across initial incentives, ecosystem, and foundation, ensuring broad participation and decentralized ownership," the statement said. Story Protocol added that 21.6% of tokens will be allocated to "early backers" and 20% to core contributors. The initial unlocked supply is set at 25%.

The ecosystem and community will get 38.4% of the tokens, the foundation will get 10%, and initial incentives will take another 10%. Beyond that, early backers will receive 21.6% and core contributors 20%. These stakeholders will not receive any tokens for 12 months, with an unlock schedule stretching four years. The initial distribution to the ecosystem, foundation and initial incentives will account for 25% of the IP supply.