Story Protocol Launches Mainnet to Streamline IP Transactions
- Story Protocol’s mainnet is live after a six-month testnet phase.
- PIP Labs developed the platform, raising $140 million in funding.
- The project aims to facilitate direct IP transactions without intermediaries.
- A native token, IP, with an initial supply of 1 billion, has been launched.
- Tokens for core contributors and early backers are locked for one year.
Story Protocol’s mainnet launch marks a significant step in reducing legal friction for creatives by enabling direct intellectual property transactions. Backed by substantial funding, the platform introduces a native token to support its ecosystem.
Source (2.6)https://decrypt.co/305730/story-protocol-debuts-mainnet-with-1-billion-ip-tokens-to-claim?rand=52368
