[PRESS RELEASE – Singapore, Singapore, December 20th, 2024]
Insight Ventures, an international leading Venture Capital in Web3 and blockchain, has actually revealed its newest research study report on Story, highlighting its transformative capacity in constructing a decentralized environment for handling copyright (IP). The research study looks into how the procedure allows trustless IP management, automated licensing, and vibrant royalty systems, cultivating an AI-driven IP economy that redefines digital imagination and cooperation.
Changing the IP Landscape
Story just recently presented the Agent Transaction Control Protocol for Intellectual Property (ATCP/IP), a groundbreaking structure allowing the smooth and self-governing exchange of IP on-chain. By incorporating programmable licensing terms, royalty automation, and conflict resolution systems, it offers a scalable, trustless facilities for developers and innovators.
“Story is more than a blockchain; it’s an os for decentralized imagination,” stated Maggie Wu, Research Lead at Foresight Ventures. “Its capability to empower developers with scalable, automated, and transparent IP tools is a paradigm shift in how we see and handle copyright worldwide.”
Originating the AI Economy
An essential emphasize of the research study is Story’s function in bridging blockchain innovation with the growing AI environment. The ATCP/IP structure enables AI representatives to autonomously handle, license, and trade datasets, outputs, and algorithms, assisting in cooperation and development at an extraordinary scale.
“AI and blockchain are assembling to improve how we handle and negotiate worth,” stated Forest Bai, Co-founder of Foresight Ventures. “Story sticks out by making it possible for a smooth market for copyright, empowering developers while cultivating sustainable development through trustless systems.”
Real-World Applications and Future Potential
Story’s applications extend beyond copyright to deal with more comprehensive market requirements. From tokenized real-world IPs like Bored Ape Yacht Club to royalty-based monetary derivatives, its modular structure offers robust services for developers and business. Its AI combination even more enhances its scalability, making it possible for decentralized understanding economies to prosper.
For more information of the research study, users can visit this LINK.
About Foresight Ventures
Insight Ventures is the very first and only crypto VC bridging East and West. With a research-driven technique and workplaces in the United States and Singapore, they are a powerhouse in crypto financial investment and incubation. Their leading media network consists of The Block, Foresight News, BlockTempo, and Coinness. The group strongly purchase the most bold developments. They are devoted to partnering with visionary jobs and leading groups to assist them be successful, improving the future of digital financing and beyond.
To learn more, users can go to: Website|Twitter|LinkedIn|Discord|Linktree
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