Story (IP) is the native token of Story, a Layer 1 blockchain purpose-built for bringing intellectual property (IP) onchain and making it programmable. The network enables the tokenization of virtually any form of IP, including ideas, images, real-world assets, songs, AI models, and non-fungible tokens, by embedding usage terms, attribution, and royalty agreements directly into the blockchain. This structure allows creators and rights holders to manage, protect, and monetize their work in a transparent, decentralized environment, while also supporting collaboration on shared IP. The platform is positioned at the intersection of artificial intelligence and smart contract infrastructure, with its design aimed at facilitating programmable IP licensing and revenue flows within an AI-driven economy. As a Layer 1 network, Story maintains its own consensus and execution environment, and the IP token functions within this ecosystem to support governance, transaction settlement, and participation in network activities. The project is developed by a U.S.-based team and represents a specialized blockchain framework focused on intellectual property management rather than general-purpose decentralized computing.
The pivot retires DATA's own blockchain to concentrate on Trace, a registry for AI training-data origins, consent and licensing rights.
Story is a purpose-built layer 1 blockchain designed specifically to onramp intellectual property (IP) to the blockchain and make it programmable. Story tokenizes any type of IP; whether that’s an idea, an image, a real world asset, a song, an AI model, an NFT or anything in-bet.
Data Network (DATA) is categorised as: Artificial Intelligence (AI), Smart Contract Platform, Layer 1 (L1).
The official Data Network site is https://www.story.foundation/.
Most recent Data Network coverage: "DATA Shuts Down Its Blockchain After $30M Sui Investment" — read at /en-US/a/data-shuts-down-its-blockchain-after-30m-sui-investment.
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