What is Story Protocol? A Layer-1 Platform for Intellectual Property Management

Story Protocol, a blockchain built on the Cosmos SDK, aims to revolutionize how we manage and monetize intellectual property (IP) in the digital era. It offers creators tools to register, verify, license, and monetize their IP transparently and efficiently.
Key Features:
Proof of Creativity: Ensures IP ownership via blockchain, creating IP NFTs and linked accounts for transparency and dispute prevention.
Programmable IP License: Automates customizable licensing terms, reducing costs and ensuring transparency.
Modules:
Licensing for flexible terms.
Royalty management for automated fee distribution.
Dispute resolution for fair conflict handling.
Backed by prominent investors like a16z and Hashed, Story Protocol raised $140M, showcasing its potential to reshape IP management.