According to BlockBeats, on July 11, the on-chain IP infrastructure Story Protocol announced the launch of the global IP blockchain Story Network. The public chain is designed to allow creators to monetize their IP (their voice, style, and portrait) in the era of artificial intelligence. Creators can incorporate any creative assets into Story, turning them into programmable IP building blocks that anyone can monetize through media and applications.

Story Network is based on EVM L1 of Cosmos SDK. In addition, the network has also been deeply optimized in execution layer to support graph data structures.

BlockBeats previously reported that as of September last year, the on-chain IP infrastructure Story Protocol had completed a total of US$54 million in financing, led by a16z, with participation from Hashed, Endeavor, Samsung Next, dao5, Insignia Venture Partners and others.