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Today's Benchmark |【Greed Index: 54】|【Altcoin Index: 46】|【BTC Market Share: 56.5%】
"Story Protocol utilizes Web3 technology, aiming to revolutionize narrative creation and build a recomposable 'story LEGO block' ecosystem. It provides a simplified framework to manage the lifecycle of IP, supporting source tracking, seamless authorization, and revenue sharing. Applications based on this protocol help creators (such as writers, artists, game developers, etc.) track the origin of works, support contributions and recompositions, and ensure creators receive the value they deserve."
1. Introduction to Story Protocol
Story Protocol is a Layer 1 blockchain focused on intellectual property (IP) management, compatible with EVM and Cosmos SDK, dedicated to solving copyright protection and revenue distribution issues in the creator economy through blockchain technology.
Its core features include supporting complex IP data on-chain and embedding copyright usage and revenue-sharing rules, aimed at promoting the tokenization of IP assets and AI-driven innovation. The project is currently in the early development stage, focusing on infrastructure building, and is an important project in the AI and creative economy field.
2. Team Financing and Social Media
The founding team consists of graduates from prestigious universities and has rich entrepreneurial experience.
Story Protocol's Twitter has 385,000 followers, and its official website receives 1,173,000 visits per month, with a bounce rate of 47.39%.
Its users are mainly concentrated in developing countries such as India, Indonesia, and Vietnam, as well as in Southeast Asia and the Russia-Ukraine region, which have always been important sources of Web3 users.
Story Protocol has raised a total of $134 million in financing, with a valuation of $2.25 billion.
3. Track Opportunity Analysis
Story Protocol is positioned in the creator economy space, focusing on IP rights confirmation and on-chain ecosystem building. It leads in financing scale and creative positioning among peers but has not yet issued tokens and is still in the early stages.
Compared to music creation platforms like Audius and Sound.xyz, its differentiated advantage lies in deepening IP rights confirmation.
4. Early Ambush Opportunities
Faucet: Complete interactive tasks by linking wallets with the testnet.
Swap+LP: Complete simple transactions (such as swapping IP for USDC) on designated platforms and participate in liquidity provision.
Layer 3 Task: Requires staking 10,000 L3 to unlock specific tasks.
Lending: Complete Supply and Borrow operations through lending protocols.
5. Evaluation and Trends
Story Protocol has grand goals, attempting to reshape the creator economy and IP management rules through blockchain, and has gained support from top capital (such as a16z, Samsung Next). However, its success depends on the execution of ecological construction and actual user participation.
In terms of trends, Story Protocol has the potential to become the core infrastructure for intellectual property management, but it needs to overcome the dilemma of insufficient ecological support to transition from being a 'capital darling' to a 'user darling.'