Story Protocol is building web3 technology to revolutionize the way narrative worlds are created. Its mission is to unleash an entirely new way to create, manage, and license on-chain IP, ultimately forming an ecosystem of “story legos” that can be remixed and recombined. Story Protocol provides a simplified framework to manage the entire lifecycle of IP development, supporting features such as provenance tracking, frictionless licensing, and revenue sharing. Designed for creators of all media (prose, images, games, audio, etc.), applications built on Story Protocol enable writers and artists to track the provenance of their work, allowing anyone to contribute and remix while capturing the value of their contributions.
Financing Information
The project was established in 2021 and suddenly became active this year. It completed a financing of US$29.3 million on May 17, 2023, and then completed a US$25 million Series A financing on September 6, four months later. In the investment list, we can see A16z, Foresight Ventures, and hash, all of which are very active and relatively well-known investment institutions in the blockchain field.
Team information from @jason_chen998
The founder is a Korean. He previously created an online fiction platform, Radish Fiction, which sold for $440 million. He then became a partner at Hashed. Before that, he worked in the Korean Congress and the U.S. House of Representatives, and also worked for two newspapers. He is an international Asian with political correctness, and has proven himself through successful entrepreneurial experience. He also has the government + media + capital in his hands. Now he is working on Web3. Even if he only has a PPT, do you think you will invest or not? Which investor would not be confused when seeing such a person?
In fact, let’s imagine this. Koreans are so crazy about cryptocurrency. After Do Kwon dies, Koreans will have their own new king. It would be quite scary if this project was listed.
The social track project has a strong background, and this project is worth following for a long time.
Related Links
Official website: https://www.storyprotocol.xyz/
Twitter: https://twitter.com/StoryProtocol
Currently, the project only has one official Twitter account and one official website, and the official website does not reveal much useful information. Instead, I found the Story Protocol’s NFT on Zora. Regardless of whether it is on the base chain or not, I can use it as a self-defense backup.
https://zora.co/collect/base:0x806ac60367919d4d3af10318c42b344b2165e9e9
The project is currently recruiting positions. If you find a suitable position, you can try to apply to join.