Story Public Mainnet Homer Officially Launches, Restructuring IP Trading Paradigm for the AI Era
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Story Public Mainnet Homer Officially Launches, Restructuring IP Trading Paradigm for the AI Era
From now on, users can interact with Story's L1 blockchain, and the first wave of rewards is being distributed.
Navigating Web3 tides with focused insights
Today, the Story public mainnet officially launches. This milestone marks a significant step forward in Story's mission to create a programmable IP market in the AI era.
Starting now, users can interact with Story's L1 blockchain, and the first wave of rewards is being distributed.
A New Asset Class for the AI Era
IP is the foundation of artificial intelligence. As AI transforms industries at an unprecedented pace, IP is becoming the most critical asset class of the 21st century.
IP is a $61 trillion asset class encompassing training data, scientific discoveries, code, brands, entertainment, creative works, and more.
However, AI is disrupting the traditional IP system as we know it. Legacy frameworks cannot keep up with the speed and scale of generative AI. Centralized intermediaries make trading, licensing, and monetizing IP costly and inefficient. IP owners find their works used in AI models without attribution or compensation, while AI companies themselves struggle to sign millions of individual licensing agreements.
AI and IP are locked in a zero-sum game, making creative markets opaque and illiquid.
Story introduces a new intellectual property framework designed to build an open, programmable marketplace for IP. Story is a peer-to-peer IP network purpose-built to transform IP into a programmable asset class, enabling permissionless trading, ownership verification, and monetization across AI and the broader internet.
The Story mainnet will serve as the global IP network, with $IP as its native currency.
A Purpose-Built Layer 1
The future of blockchain infrastructure lies in purpose-built Layer 1s.
By focusing blockchain technology on a specific problem, Story unlocks applications previously thought impossible. Instant IP licensing and remixing can now be done with one click—free from legal constraints. Creators gain control over how their work trains AI models and ensure fair revenue distribution. IP can also be tokenized as real-world assets (RWA), opening new financial opportunities through IP Finance (IPFi).
After three years of relentless effort, every core contributor and the entire ecosystem should feel immense pride in their role in achieving this milestone. We envision a world of infinite innovation, where intellectual property powers progress and collaboration drives global economic prosperity—all enabled by blockchain and AI technologies. Today, we take another crucial step toward that vision.
Story Ecosystem
The Story blockchain allows users to upload their IP, set usage terms, and monetize within an ecosystem of applications. Royalties and attribution automatically flow back to IP owners wherever their IP is used—a major leap toward a better internet.
These capabilities unlock new opportunities for IP holders. By tokenizing IP, Story ensures any IP asset can be openly used, traded, and monetized by anyone. This creates an open marketplace for IP and related rights, bringing new value to IP owners, app developers, and consumers alike.
IP holders can register and tokenize their IP, protect their works on-chain, and define how they may be used, remixed, or monetized through embedded parameters. Developers can build applications on Story’s programmable IP infrastructure, creating next-generation AI tools, licensing platforms, and IP marketplaces.
The Story ecosystem has already launched multiple applications spanning IPFi, RWA, consumer, and AI use cases. This is just the beginning—more projects will roll out in the coming weeks.
Visit our ecosystem portal to explore Story-powered applications.
Day 1 Rewards Portal Now Open
Starting February 13, 2025, 16:00 Beijing Time, users can check eligibility and claim their airdrop rewards via Story’s Rewards Portal, which will remain open for 30 days. If you're one of our early community members, you can now join the network and engage.
Click here to learn more about Day 1 reward claims and upcoming incentive programs.
This Is Day 1
The launch of the Story mainnet is only the first step in a long journey ahead. Over the coming months, Story will roll out additional incentives, products, and applications across the ecosystem and community.
This is just the beginning. Join us in unlocking the full potential of human intellectual output.
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