IP

IP is the native token of Story, a layer-1 blockchain purpose-built for registering, licensing, and monetizing intellectual property on-chain. The network enables creators to convert their IP assets — including text, images, music, and code — into programmable on-chain assets with enforceable licensing terms, royalty splits, and remix permissions tracked transparently on the blockchain. Story's architecture includes a Proof-of-Creativity protocol that provides a standardized framework for IP registration and derivative work attribution. The project has attracted significant venture backing, including participation from a16z Crypto. IP is used for transaction fees, staking to secure the network, and governance over protocol parameters. For traders, IP offers exposure to the emerging thesis around on-chain intellectual property infrastructure, a niche that intersects AI-generated content, creator economy trends, and the growing need for provenance tracking in digital media.