TechFlow news, September 22 — Story, an AI-native infrastructure and programmable IP blockchain, announced a strategic partnership with South Korea's renowned film production company Barunson and creative platform Nproject. Through this collaboration, Story will onboard core IP assets from Barunson, enabling fans and creators on the Nproject platform to produce derivative works and share revenue with original IP holders, jointly building a transparent and sustainable "on-chain economy."
Barunson is the production company behind the Oscar-winning film Parasite and leads a 340 billion KRW Korean content investment fund. Its notable works include Parasite, The Inside Man, The Age of Shadows, Good Guys, Bad Guys, Weird Guy, and Spiderweb. The three parties plan to further refine blockchain-based IP revenue models based on their MOU, accelerate the commercialization and ecosystem development of on-chain IPs, and jointly drive the transformation of Korean content assets from single-use consumer products into participatory and scalable assets.
