We were joined by Jason Zhao, co-founder of Story Protocol, to discuss the inefficiencies of traditional IP frameworks and how Story aims to tokenize intelligence into programmable blockchain assets.
As online content becomes predominantly AI-driven, intellectual property (IP) rights should not be neglected as (human) creators will heavily rely on them. While the main use cases for blockchains revolve around financial applications, one could argue that our everyday lives constantly intersect IPs in different forms. Although the legal framework is abundant, proper recording, monetization and disputes are often a burden for independent creators. Story Protocol aims to create a decentralised framework for IP management, tokenizing it both through NFTs and fungible tokens, allowing creators to register fully programmable IP, that is also recognized and enforced through the traditional judiciary system. Using smart contracts and programmable metadata, Story Protocol ensures proper monetization for creators whenever their IP is used.
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This episode is hosted by Friederike Ernst.