This article has accumulated more than 100,000 views: 47,000 on Twitter + 60,000 on Binance Square

Among them, in addition to Pi being mentioned the most in the comment area, the most new followers of this tweet are from friends in the Story community

This is a bit unexpected to me. At this point, I can't let you pay attention in vain. I will simply expand on Story in plain language, hoping that it will be helpful to friends who don't know it

1. Story framework

Story is an EVM-compatible Layer1 centered around IP, and the IP asset expression defined on its chain is NFT

This NFT It can link existing issued NFT assets, or issue IP (NFT) assets based on off-chain assets, such as artworks

This link involves the concept of RWA

Corresponding to the IP asset is an IP account, which stores the data details related to the IP and the derived sections, such as the income based on the IP, etc.

For example, I created an NFT series in Story, and the subsequent related royalties can be managed in this account

2. Core: Rights on the chain

After reading the above, you may wonder: Isn’t this just an NFT management tool?

Yes, but not entirely

The core is that Story creates an intellectual property license, and the bottom layer of the protocol is bound to this license

➠This module is executed on the chain through Story Protocol, bridge code and law. By doing this, NFT or some offline IPs will not only stay at the simple action of chaining, but also create a real legal license and attach it to the IP asset

In addition to the license, Story also includes other modules, such as royalties, dispute resolution, and asset grouping management, etc.

I will not introduce them one by one, just know the core

Thank you for your attention~