Story Protocol

Story Protocol

Verified
Building the infrastructure layer to power a new era of open and collaborative IP. Learn more

Launch date
Employees
Market cap
-
Net debt
-
Enterprise valuation
$147m (Public information from Sep 2023)
Bellevue Washington (HQ)
Deals in current and previous year:
  • Edit
Get premium to view all results

Recent News about Story Protocol

Edit
More about Story Protocolinfo icon
Edit

Story Protocol is an innovative startup that operates at the intersection of intellectual property (IP) management and blockchain technology. The company provides a platform designed to transform IPs into programmable assets, enabling creators to capture, manage, and monetize their intellectual property in a decentralized manner. This approach is particularly beneficial for creators in the entertainment, media, and digital content industries who seek to protect their work while maximizing its value.

Story Protocol serves a diverse range of clients, including individual creators, content producers, and large entertainment franchises. By leveraging blockchain technology, the platform ensures that ownership and rights are transparently recorded and easily transferable. This creates a more efficient and secure way for creators to collaborate, remix, and build upon existing works, fostering a new era of creativity and innovation.

The company operates in the rapidly growing Web3 market, which focuses on decentralized internet applications that give users more control over their data and digital assets. Story Protocol's business model revolves around providing the tools and infrastructure necessary for IP tokenization. Tokenization is the process of converting rights to an asset into a digital token on a blockchain, making it easier to trade and manage.

Story Protocol generates revenue through various streams, including transaction fees, subscription services, and premium features. By offering a marketplace for tokenized IPs, the company facilitates transactions between buyers and sellers, earning a commission on each trade. Additionally, they provide subscription plans for advanced tools and services, catering to both individual creators and larger enterprises.

In summary, Story Protocol is pioneering a new way to manage and monetize intellectual property using blockchain technology. Their platform empowers creators, enhances collaboration, and opens up new revenue streams in the digital age.

Keywords: IP management, blockchain, tokenization, Web3, digital assets, creators, entertainment, media, decentralized, marketplace.

Investments by Story Protocol

Edit