{"id":279341,"date":"2024-07-13T11:00:07","date_gmt":"2024-07-13T11:00:07","guid":{"rendered":"https:\/\/www.techopedia.com\/?p=279341"},"modified":"2024-07-13T11:00:07","modified_gmt":"2024-07-13T11:00:07","slug":"story-protocol","status":"publish","type":"post","link":"https:\/\/www.techopedia.com\/story-protocol","title":{"rendered":"Story Protocol Explained: Tokenizing Intellectual Property"},"content":{"rendered":"<p><a href=\"https:\/\/www.techopedia.com\/definition\/5521\/intellectual-property-ip\">Intellectual property<\/a> (IP) laws can be tricky to get around. Imagine spending millions of dollars producing a movie only to get sued by an artist for copyright infringement on an artwork you knew nothing about.<\/p>\n<p>That&#8217;s what happened when the comedy film <i>The Hangover Part II was <\/i>released in 2011. If you remember, in the film, actor Ed Helms sports a tribal art tattoo on his face identical to the one boxer Mike Tyson has in real life.<\/p>\n<p>Producers <a href=\"https:\/\/www.wired.com\/images_blogs\/threatlevel\/2011\/05\/tysontattoo.pdf\" target=\"_blank\">Warner Bros were sued by Tyson&#8217;s tattoo artist S. Victor Whitmill<\/a> who claimed that the studio used his original design in the movie without his consent. The two sides settled the case before trial, and the movie was released without any major hiccups.<\/p>\n<p>Today, in an attempt to revolutionize this outdated legal procedure around IP usage, a blockchain-powered platform called Story Protocol is creating a repository system to make it easy to manage, monetize, and recreate IP.<\/p>\n<div class=\"su-note\"  style=\"border-color:#dddddd;border-radius:3px;-moz-border-radius:3px;-webkit-border-radius:3px;\"><div class=\"su-note-inner su-u-clearfix su-u-trim\" style=\"background-color:#f7f7f7;border-color:#ffffff;color:#333333;border-radius:3px;-moz-border-radius:3px;-webkit-border-radius:3px;\">\n<h2><span id=\"key_takeaways\">Key Takeaways<\/span><\/h2>\n<ul>\n<li>Story Protocol raised $54 million in a funding round led by venture capital firm Andreessen Horowitz.<\/li>\n<li>Story is an EVM-compatible L1 blockchain that specializes in tokenizing IP.<\/li>\n<li>Story collaborated with crypto AI firm Ritual to create a framework that will enable AI models and their outputs to be registered as IP.<\/li>\n<li>Third-party creators will no longer have to negotiate on a one-to-one basis for copyright licenses.<\/li>\n<\/ul>\n<\/div><\/div>\n<div>\n    <section class=\"toc-sticky w-100 bg-white \">\n        <div class=\"toc-sticky__container container\">\n            <div class=\"toc-sticky__open d-flex align-items-end\" data-bs-toggle=\"collapse\"\n                 aria-controls=\"multiCollapse1\"\n                 data-bs-target=\"#multiCollapse1\">\n                <button\n                        class=\"btn btn-primary collapse-action-btn p-1 rounded-circle\"\n                        type=\"button\"\n                >\n                    <i class=\"icon-chevron-up\"><\/i>\n                <\/button>\n                <span id=\"toc-current-title\" class=\"d-flex align-items-center\">\n                    Table of Contents\n                <\/span>\n                <span class=\"toc-main-title-permanent\">Table of Contents<\/span>\n            <\/div>\n            <div\n                    class=\"collapse my-3\"\n                    id=\"multiCollapse1\"\n            >\n                <ol class=\"StepProgress\">\n                                                                        <li class=\"StepProgress-item current\">\n                                                <div class=\"StepProgress-item__group\">\n                            <a data-id=\"key_takeaways\"\n                               onclick=handleScrollToTitle(\"key_takeaways\")\n                               class=\"StepProgress-item__link\" data-level=\"2\">Key Takeaways<\/a>\n                                                    <\/div>\n                                                <\/li>\n                                                                        <li class=\"StepProgress-item\">\n                                                <div class=\"StepProgress-item__group\">\n                            <a data-id=\"what_is_story_protocol\"\n                               onclick=handleScrollToTitle(\"what_is_story_protocol\")\n                               class=\"StepProgress-item__link\" data-level=\"2\">What is Story Protocol?<\/a>\n                                                    <\/div>\n                                                <\/li>\n                                                                        <li class=\"StepProgress-item\">\n                                                <div class=\"StepProgress-item__group\">\n                            <a data-id=\"how_will_ip_tokenization_change_the_creative_industry\"\n                               onclick=handleScrollToTitle(\"how_will_ip_tokenization_change_the_creative_industry\")\n                               class=\"StepProgress-item__link\" data-level=\"2\">How Will IP Tokenization Change the Creative Industry?<\/a>\n                                                    <\/div>\n                                                <\/li>\n                                                                        <li class=\"StepProgress-item\">\n                                                <div class=\"StepProgress-item__group\">\n                            <a data-id=\"story_protocol_and_ai_industry\"\n                               onclick=handleScrollToTitle(\"story_protocol_and_ai_industry\")\n                               class=\"StepProgress-item__link\" data-level=\"2\">Story Protocol and AI Industry<\/a>\n                                                    <\/div>\n                                                <\/li>\n                                                                        <li class=\"StepProgress-item\">\n                                                <div class=\"StepProgress-item__group\">\n                            <a data-id=\"the_bottom_line\"\n                               onclick=handleScrollToTitle(\"the_bottom_line\")\n                               class=\"StepProgress-item__link\" data-level=\"2\">The Bottom Line<\/a>\n                                                    <\/div>\n                                                <\/li>\n                                                                        <li class=\"StepProgress-item\">\n                                                <div class=\"StepProgress-item__group\">\n                            <a data-id=\"faqs\"\n                               onclick=handleScrollToTitle(\"faqs\")\n                               class=\"StepProgress-item__link\" data-level=\"2\">FAQs<\/a>\n                                                    <\/div>\n                                                <\/li>\n                                                                        <li class=\"StepProgress-item\">\n                                                <div class=\"StepProgress-item__group\">\n                            <a data-id=\"references\"\n                               onclick=handleScrollToTitle(\"references\")\n                               class=\"StepProgress-item__link\" data-level=\"2\">References<\/a>\n                                                    <\/div>\n                                                <\/li>\n                                    <\/ol>\n                <div class=\"toc-sticky__container__disperse\"><\/div>\n                <div class=\"toc-sticky__btn-top justify-content-center\">\n                    <button class=\"btn btn-link d-flex align-items-center\" onclick={btnTop()}><p>Show Full Guide<\/p><img decoding=\"async\"\n                                src=\"\/wp-content\/plugins\/table-of-contents\/assets\/images\/arrow-up-circle.svg\"\n                                alt=\"arrow-up-circle\">\n                    <\/button>\n                <\/div>\n            <\/div>\n        <\/div>\n    <\/section>\n    <div class=\"toc-sticky-list\">\n        <div class=\"toc-sticky__container container\">\n            <div class=\"toc-sticky__open d-flex align-items-end\" data-bs-toggle=\"collapse\" aria-controls=\"multiCollapse2\" data-bs-target=\"#multiCollapse2\">\n                <button class=\"btn btn-primary collapse-action-btn p-1 rounded-circle\"\n                        type=\"button\">\n                    <i class=\"icon-chevron-up up\"><\/i>\n                <\/button>\n                <span id=\"toc-current-title\" class=\"d-flex align-items-center\">\n                    Table of Contents\n                <\/span>\n            <\/div>\n            <div  class=\"collapse my-3\" id=\"multiCollapse2\">\n                <ol class=\"StepProgress\">\n                    \t\t\t\t\t \t\t\t\t\t                                                     <li class=\"StepProgress-item current \">\n                                                    <div class=\"StepProgress-item__group\">\n                                <a data-id=\"key_takeaways\"\n                                   onclick=handleScrollToTitle(\"key_takeaways\")\n                                   class=\"StepProgress-item__link\"\n                                   data-level=\"2\">Key Takeaways<\/a>\n                                                            <\/div>\n                                                    <\/li>\n                    \t\t\t\t\t \t\t\t\t\t                                                     <li class=\"StepProgress-item \">\n                                                    <div class=\"StepProgress-item__group\">\n                                <a data-id=\"what_is_story_protocol\"\n                                   onclick=handleScrollToTitle(\"what_is_story_protocol\")\n                                   class=\"StepProgress-item__link\"\n                                   data-level=\"2\">What is Story Protocol?<\/a>\n                                                            <\/div>\n                                                    <\/li>\n                    \t\t\t\t\t \t\t\t\t\t                                                     <li class=\"StepProgress-item \">\n                                                    <div class=\"StepProgress-item__group\">\n                                <a data-id=\"how_will_ip_tokenization_change_the_creative_industry\"\n                                   onclick=handleScrollToTitle(\"how_will_ip_tokenization_change_the_creative_industry\")\n                                   class=\"StepProgress-item__link\"\n                                   data-level=\"2\">How Will IP Tokenization Change the Creative Industry?<\/a>\n                                                            <\/div>\n                                                    <\/li>\n                    \t\t\t\t\t \t\t\t\t\t\n\t\t\t\t\t\t <span class=\"show_moretoc\">Show Full Guide<\/span>\n\t\t\t\t\t\t \t\t\t\t\t \t\t\t\t\t\t  \t\t\t\t\t                                                      <li class=\"StepProgress-item ms_hidetoc\">\n                                                    <div class=\"StepProgress-item__group\">\n                                <a data-id=\"story_protocol_and_ai_industry\"\n                                   onclick=handleScrollToTitle(\"story_protocol_and_ai_industry\")\n                                   class=\"StepProgress-item__link\"\n                                   data-level=\"2\">Story Protocol and AI Industry<\/a>\n                                                            <\/div>\n                                                    <\/li>\n                    \t\t\t\t\t \t\t\t\t\t \t\t\t\t\t\t  \t\t\t\t\t                                                      <li class=\"StepProgress-item ms_hidetoc\">\n                                                    <div class=\"StepProgress-item__group\">\n                                <a data-id=\"the_bottom_line\"\n                                   onclick=handleScrollToTitle(\"the_bottom_line\")\n                                   class=\"StepProgress-item__link\"\n                                   data-level=\"2\">The Bottom Line<\/a>\n                                                            <\/div>\n                                                    <\/li>\n                    \t\t\t\t\t \t\t\t\t\t \t\t\t\t\t\t  \t\t\t\t\t                                                      <li class=\"StepProgress-item ms_hidetoc\">\n                                                    <div class=\"StepProgress-item__group\">\n                                <a data-id=\"faqs\"\n                                   onclick=handleScrollToTitle(\"faqs\")\n                                   class=\"StepProgress-item__link\"\n                                   data-level=\"2\">FAQs<\/a>\n                                                            <\/div>\n                                                    <\/li>\n                    \t\t\t\t\t \t\t\t\t\t \t\t\t\t\t\t  \t\t\t\t\t                                                      <li class=\"StepProgress-item ms_hidetoc\">\n                                                    <div class=\"StepProgress-item__group\">\n                                <a data-id=\"references\"\n                                   onclick=handleScrollToTitle(\"references\")\n                                   class=\"StepProgress-item__link\"\n                                   data-level=\"2\">References<\/a>\n                                                            <\/div>\n                                                    <\/li>\n                                    <\/ol>\n            <\/div>\n            <div class=\"toc-sticky__container__disperse\"><\/div>\n        <\/div>\n    <\/div>\n<\/div>\n\n<script id=\"toc-js\">\n    window.addEventListener(\"DOMContentLoaded\", () => {\n        const header = document.querySelector(\".header_wrapper\");\n\n        const pageLegend = document.querySelector('#multiCollapse1');\n        const pageLegendList = document.querySelector('#multiCollapse2');\n        const pageLegendCollapse = new bootstrap.Collapse(pageLegend, {toggle: document.querySelector(\".toc-sticky\").classList.contains('sticky')});\n\n        \/**\n         * Changing current title\n         *\/\n        (function (pageLegend) {\n            const titleNodes = pageLegend.querySelectorAll('.StepProgress-item__link');\n\n            if (!titleNodes.length) return;\n\n            const titles = [...titleNodes].map((itm, i) => ({\n                id: itm.getAttribute('data-id'),\n                text: itm.textContent,\n                level: itm.getAttribute('data-level'),\n                linkNode: itm,\n                titleNode: document.getElementById(itm.getAttribute('data-id')),\n                index: i,\n            }));\n\n            \/**\n             * Source: https:\/\/www.sitepoint.com\/throttle-scroll-events\/\n             * @param {Function} fn\n             * @param {number} wait\n             * @returns {(function(): void)|*}\n             *\/\n            const throttle = (fn, wait) => {\n                let time = Date.now();\n                return function () {\n                    if ((time + wait - Date.now()) < 0) {\n                        fn();\n                        time = Date.now();\n                    }\n                }\n            }\n\n            const changeCurrentTitle = () => {\n                const documentScrollTop = window.pageYOffset || document.documentElement.scrollTop || document.body.scrollTop || 0;\n                let current = 0;\n\n                \/\/ Title\n                titles.forEach((itm, i) => {\n\t\t\t\t\/\/console.log(itm)\n                    const itmOffsetTop = itm.titleNode ? itm.titleNode.offsetTop - 100 : 0;\n\n                    if (documentScrollTop >= itmOffsetTop) {\n                        document.getElementById('toc-current-title').innerHTML = itm.text;\n                        document.getElementById('toc-current-title').setAttribute('data-current-id', itm.id);\n                        document.getElementById('toc-current-title').setAttribute('data-current-level', itm.level);\n                        current = i;\n                    }\n                })\n\n                \/\/ close all list and open sub list if needed\n                if (document.querySelector(\".toc-sticky\").classList.contains('sticky')) {\n                    document.querySelectorAll('.subList-in-progress').forEach((el) => {\n                        el.children[1].classList.remove('show');\n                        el.getElementsByClassName('icon-chevron-down')[0].classList.remove('up');\n                    });\n                    const currentEl = titles[current];\n                    currentEl.linkNode.classList.add('show');\n                }\n\n                titles.forEach((itm, i) => {\n                    itm.linkNode.parentNode.parentNode.classList.remove('current', 'is-done');\n                    if (current > i) {\n                        itm.linkNode.parentNode.parentNode.classList.add('is-done')\n                    };\n                    if (current === i) {\n                      itm.linkNode.parentNode.parentNode.classList.add('current');\n                    };\n                })\n\n            }\n\n            changeCurrentTitle();\n\n            document.addEventListener('scroll', throttle(changeCurrentTitle, 50));\n        })(pageLegend);\n\n\n        \/**\n         *  Collapse\n         *\/\n        (function (pageLegend, header) {\n            const icon = pageLegend.parentNode.querySelector(\".collapse-action-btn i\");\n\n            const collapseToggle = (status) => (e) => {\n                if (!e.target.isEqualNode(pageLegend)) return;\n\n                icon.classList.toggle(\"up\");\n\n                const containerHeight = pageLegend.getBoundingClientRect().height;\n\n                const showSubtitleContent = () => {\n                    const currentId = document.getElementById('toc-current-title').getAttribute('data-current-id');\n                    const currentLevel = document.getElementById('toc-current-title').getAttribute('data-current-level');\n                    const currentSubTitle = currentLevel == 3 ? document.querySelector(`a[data-id=\"${currentId}\"]`).parentNode.parentNode.parentNode : false;\n\n                    if (!currentSubTitle) return;\n                    new bootstrap.Collapse(currentSubTitle, {toggle: false}).show();\n                }\n\n                showSubtitleContent();\n\t\t\t\tconsole.log(status+'fdsfsd'+containerHeight);\n                if (status === 'shown' && document.querySelector(\".toc-sticky\").classList.contains('sticky') ) {\n                    document.querySelector('html').classList.remove('overflow-hidden');\n                    pageLegend.classList.add('overflow-auto');\n                    pageLegend.style.height = `calc(100vh - ${header.getBoundingClientRect().height + document.querySelector('.toc-sticky__open').getBoundingClientRect().height + 16}px)`;\n                } else if (status === 'hide') {\n                    document.querySelector('html').removeClass('overflow-hidden');\n                    pageLegend.classList.remove('overflow-auto');\n                    pageLegend.style.height = 'auto';\n                }\n            }\n\n            pageLegend.addEventListener('shown.bs.collapse', collapseToggle('shown'));\n            pageLegend.addEventListener('hide.bs.collapse', collapseToggle('hide'));\n        })(pageLegend, header);\n\n        \/**\n         * Collapse sub-titles\n         *\/\n        (function (pageLegend) {\n            const collapseEls = pageLegend.querySelectorAll('.collapse');\n\n            collapseEls.forEach(function (el) {\n\n                const toggleArrowDirection = function (e) {\n                    if (!e.target.isEqualNode(el)) return;\n\n                    const id = this.getAttribute('id');\n                    document.querySelector(`.collapse-action-btn[data-bs-target=\"#${id}\"] .icon-chevron-down`).classList.toggle('up');\n                }\n                el.addEventListener('shown.bs.collapse', toggleArrowDirection);\n                el.addEventListener('hide.bs.collapse', toggleArrowDirection);\n            })\n        })(pageLegend);\n\n        \/**\n         *  Collapse main title\n         *\/\n        (function (pageLegendList) {\n            const icon = pageLegendList.parentNode.querySelector(\".collapse-action-btn i\");\n\n            const collapseToggle = () => (e) => {\n                if (!e.target.isEqualNode(pageLegendList)) return;\n\n                icon.classList.toggle(\"up\");\n\n            }\n            pageLegendList.addEventListener('shown.bs.collapse', collapseToggle());\n            pageLegendList.addEventListener('hide.bs.collapse', collapseToggle());\n        })(pageLegendList);\n\n        (function (pageLegendList) {\n            const collapseEls = pageLegendList.querySelectorAll('.collapse');\n\n            collapseEls.forEach(function (el) {\n\n                const toggleArrowDirection = function (e) {\n                    if (!e.target.isEqualNode(el)) return;\n\n                    const id = this.getAttribute('id');\n                    document.querySelector(`.toc-sticky-list .collapse-action-btn[data-bs-target=\"#${id}\"] .icon-chevron-down`).classList.toggle('up');\n                }\n                el.addEventListener('shown.bs.collapse', toggleArrowDirection);\n                el.addEventListener('hide.bs.collapse', toggleArrowDirection);\n            })\n        })(pageLegendList);\n\n        \/**\n         * Sticky functionality\n         * Source: https:\/\/stackoverflow.com\/questions\/17893771\/javascript-sticky-div-after-scroll\n         *\/\n        (function (header, pageLegendCollapse) {\n            \/\/ set everything outside the onscroll event (less work per scroll)\n            const target = document.querySelector(\".toc-sticky\");\n            const targetListStatic = document.querySelector(\".toc-sticky-list\");\n\n            if (!target || !header) return;\n\n            const headerHeight = header.getBoundingClientRect().height;\n            const targetHeight = targetListStatic.getBoundingClientRect().height;\n\n            \/\/ -headerHeight so it won't be jumpy\n            const stop = targetListStatic.offsetTop + headerHeight + targetHeight;\n            const docBody =\n                document.documentElement || document.body.parentNode || document.body;\n            const hasOffset = window.pageYOffset !== undefined;\n\n            const applySticky = function () {\n                \/\/ cross-browser compatible scrollTop.\n                const scrollTop = hasOffset ? window.pageYOffset : docBody.scrollTop;\n\n                \/\/ if user scrolls to headerHeight from the top of the target div\n                if (scrollTop >= stop) {\n                    pageLegendCollapse.hide();\n                    \/\/ stick the div\n                    target.classList.add(\"sticky\");\n                    \/\/target.style.marginTop = `${headerHeight}px`;\n                } else {\n                    pageLegendCollapse.show();\n                    \/\/ release the div\n                    target.classList.remove(\"sticky\");\n                    target.style.marginTop = \"\";\n                }\n            }\n\n            applySticky();\n\n            window.addEventListener('scroll', applySticky);\n        })(header, pageLegendCollapse);\n\tjQuery('span.show_moretoc').click(function(){\n\t\tjQuery('span.show_moretoc').hide();\n\t   jQuery('.ms_hidetoc').show();\n\t});\n    });\n\n    \/\/ When the user clicks on the button, scroll to the top of the document\n    function btnTop() {\n        const pageLegend = document.querySelector('#multiCollapse1');\n        document.querySelector('html').classList.remove('overflow-hidden');\n        pageLegend.classList.remove('overflow-auto');\n        pageLegend.style.height = 'auto';\n        window.scrollTo({\n            top: 0,\n            behavior: 'smooth'\n        });\n    }\n\n    const handleScrollToTitle = (id) => {\n        const el = document.getElementById(id);\n        const headerHeightDifference = window.innerWidth < 992 ? -30 : -15;\n        window.scrollTo({\n            top: el.offsetTop - 60 - headerHeightDifference - 10,\n        });\n    }\n<\/script>\n\n<h2><span id=\"what_is_story_protocol\">What is Story Protocol?<\/span><\/h2>\n<p>Story Protocol first appeared under the spotlight in September 2023, when the company announced that it raised <a href=\"https:\/\/variety.com\/2023\/digital\/news\/story-protocol-funding-endeavor-david-goyer-1235709843\/\" target=\"_blank\">$54 million in a funding round led by venture capital firm Andreessen Horowitz<\/a>.<\/p>\n<p>Notable investors such as <strong>Balaji Srinivasan<\/strong> (former CTO of Coinbase), <strong>Sanghun Kim<\/strong> (former CEO of Naver) and <strong>Roham Gharegozlou<\/strong> (founder of Dapper Labs) also participated in the funding round.<\/p>\n<p>But what is Story Protocol and why is it generating all this hype?<\/p>\n<p>Story Protocol is an <a href=\"https:\/\/www.techopedia.com\/definition\/ethereum-virtual-machine-evm\">EVM-compatible<\/a> <a href=\"https:\/\/www.techopedia.com\/definition\/layer-1-in-blockchain\">layer one<\/a> (L1) blockchain that specializes in <a href=\"https:\/\/www.techopedia.com\/definition\/tokenization-in-crypto\">tokenizing<\/a> IP, covering everything from literary and artistic works to <a href=\"https:\/\/www.techopedia.com\/definition\/190\/artificial-intelligence-ai\">artificial intelligence<\/a> (AI) models and gaming assets.<\/p>\n<p>Essentially, Story aims to be the base layer that hosts an ecosystem of creative applications. This ecosystem will be powered by Story&#8217;s permissionless IP repository.<\/p>\n<p>Imagine you are one of the creators of a Marvel superhero character and you tokenize IP licenses on Story as <a href=\"https:\/\/www.techopedia.com\/definition\/erc-721\">ERC-721<\/a> or <a href=\"https:\/\/www.techopedia.com\/definition\/erc-20\">ERC-20<\/a> tokens. These tokens will give holders the rights to reproduce and commercialize superhero characters that you created and hold copyrights to.<\/p>\n<p>You can set licensing terms and royalty fees that smart contracts automatically enforce, ensuring that you, as a creator, are always compensated for the use of your work.<\/p>\n<p>The power of <a href=\"https:\/\/www.techopedia.com\/definition\/30246\/blockchain\">blockchain<\/a> will also allow you to track the lifecycle of your IP and every recreation ever made, ensuring that legitimate content is verifiable among a sea of duplicates.<\/p>\n<h2><span id=\"how_will_ip_tokenization_change_the_creative_industry\">How Will IP Tokenization Change the Creative Industry?<\/span><\/h2>\n<p>Story is not only helping creators protect and monetize their IP but is also aiming to create a new system that unlocks the &#8220;full creative power of the internet.&#8221;<\/p>\n<p>&#8220;Our current IP infrastructure is too unwieldy to support remixing, community lore, and co-creation as foundational pillars of creativity. Instead of leaning into the fundamental force of the internet \u2014 openness \u2014 most IP models emphasize a defensive stance, adding friction to the creative process,&#8221; <a href=\"https:\/\/www.storyprotocol.xyz\/media\/vision\" target=\"_blank\">said<\/a> Story.<\/p>\n<p>Story aims to lay the foundation to create a new IP system suited for the internet age.<\/p>\n<p>Its permissionless platform will allow anyone to remix sounds, spinoff stories, and distribute licensed content. Artists will no longer have to negotiate on a one-to-one basis for copyright licenses. Code will be the law of the land and will enforce terms and agreements when conditions are met.<\/p>\n<p>Story expects the advent of <a href=\"https:\/\/www.techopedia.com\/definition\/34633\/generative-ai\">generative AI<\/a> to supercharge &#8220;a new paradigm of networked creation&#8221; as the world embraces lower content production costs and instantaneous replication.<\/p>\n<p>Story said: &#8220;In a culture where replication is instantaneous, and remixing is inevitable, we need a new IP regime that respects the rights of creators while acknowledging the fact that creation on the internet is an endless, recombinant, and fundamentally social process.&#8221;<\/p>\n<h2><span id=\"story_protocol_and_ai_industry\">Story Protocol and AI Industry<\/span><\/h2>\n<p>Story has collaborated with crypto AI firm Ritual to create a framework that will enable AI models and their outputs to be registered as IP.<\/p>\n<p>As we mentioned earlier, Story enables IP to be tracked through their life cycles, across every recreation. This will be beneficial for AI model developers who want to see how their AI models are evolving with each new iteration and learn how they are being used.<\/p>\n<p>&#8220;Imagine being able to license your image model and monetize it, not just by allowing users to pay for inference, but also by taking royalties on the use of generated images, all in a trustless and transparent manner,&#8221; <a href=\"https:\/\/x.com\/ritualnet\/status\/1768314186025558151\" target=\"_blank\">said<\/a> Ritual.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Announcing our partnership with <a href=\"https:\/\/twitter.com\/ritualnet?ref_src=twsrc%5Etfw\" target=\"_blank\">@ritualnet<\/a><\/p>\n<p>We are bringing crypto and AI together. AI models on Ritual can be registered seamlessly as IP Assets on Story Protocol<\/p>\n<p>Programmable IP \ud83e\udd1d AI<\/p>\n<p>Learn more below \ud83e\uddf5 <a href=\"https:\/\/t.co\/9pKf6KM2AR\" target=\"_blank\">pic.twitter.com\/9pKf6KM2AR<\/a><\/p>\n<p>&mdash; Story Protocol (@StoryProtocol) <a href=\"https:\/\/twitter.com\/StoryProtocol\/status\/1768314839687139416?ref_src=twsrc%5Etfw\" target=\"_blank\">March 14, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2><span id=\"the_bottom_line\">The Bottom Line<\/span><\/h2>\n<p>Story Protocol has the potential to change how we look at IP today.<\/p>\n<p>Traditional IP culture is known for its protectionist stance that tends to gatekeep creative assets from artists and fans. With the power of blockchain and programmable smart contracts, could we see a modern foolproof IP legal system that protects creators while fostering collaboration?<\/p>\n<h2><span id=\"faqs\">FAQs<\/span><\/h2>\n<div class=\"man_faq_sec\" itemscope itemtype=\"https:\/\/schema.org\/FAQPage\"><section class=\"ms_faq ms_card \" ><div itemscope itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\"><div class=\"accordionButton\"><h3 itemprop=\"name\">What is Story Protocol?<\/h3> <\/div>\n<div class=\"accordionContent\" itemscope itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" style=\"display:none;\"><p itemprop=\"text\">Story Protocol is an EVM-compatible layer one (L1) blockchain designed to tokenize intellectual property (IP), making it easier to manage, monetize, and remix creative works.<\/p>\r\n                <\/div><\/div><\/section>\n<section class=\"ms_faq ms_card \" ><div itemscope itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\"><div class=\"accordionButton\"><h3 itemprop=\"name\">How does Story Protocol benefit creators?<\/h3> <\/div>\n<div class=\"accordionContent\" itemscope itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" style=\"display:none;\"><p itemprop=\"text\">Story Protocol allows creators to tokenize their IP licenses, set licensing terms and royalty fees, and track the lifecycle of their IP, ensuring they are always compensated for the use of their work.<\/p>\r\n                <\/div><\/div><\/section>\n<section class=\"ms_faq ms_card \" ><div itemscope itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\"><div class=\"accordionButton\"><h3 itemprop=\"name\">Why is IP tokenization important?<\/h3> <\/div>\n<div class=\"accordionContent\" itemscope itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" style=\"display:none;\"><p itemprop=\"text\">IP tokenization provides a modern, blockchain-based system that supports remixing, community lore, and co-creation, making the creative process more open and frictionless.<\/p>\r\n                <\/div><\/div><\/section>\n<section class=\"ms_faq ms_card \" ><div itemscope itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\"><div class=\"accordionButton\"><h3 itemprop=\"name\">How will Story Protocol impact the AI industry?<\/h3> <\/div>\n<div class=\"accordionContent\" itemscope itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" style=\"display:none;\"><p itemprop=\"text\">Story Protocol collaborates with Ritual to enable AI models and their outputs to be registered as IP, allowing developers to monetize and track the evolution and use of their AI models.<\/p>\r\n                <\/div><\/div><\/section>\n<section class=\"ms_faq ms_card \" ><div itemscope itemprop=\"mainEntity\" itemtype=\"https:\/\/schema.org\/Question\"><div class=\"accordionButton\"><h3 itemprop=\"name\">What is the potential impact of Story Protocol on traditional IP?<\/h3> <\/div>\n<div class=\"accordionContent\" itemscope itemprop=\"acceptedAnswer\" itemtype=\"https:\/\/schema.org\/Answer\" style=\"display:none;\"><p itemprop=\"text\">Story Protocol aims to revolutionize traditional IP systems by creating a modern, blockchain-based system that protects creators while fostering collaboration and openness.<\/p>\r\n                <\/div><\/div><\/section>\n<div class=\"reference-content\">\n<div class=\"reference-heading reference-content-collapsible-heading\">\n<h2><span id=\"references\">References<\/span><\/h2>\n<\/div>\n<div class=\"reference-content-body\">\n<ol>\n<li><a href=\"https:\/\/www.wired.com\/images_blogs\/threatlevel\/2011\/05\/tysontattoo.pdf\" target=\"_blank\">Verified Complaint for Injunctive and Other Relief<\/a> (Wired)<\/li>\n<li><a href=\"https:\/\/variety.com\/2023\/digital\/news\/story-protocol-funding-endeavor-david-goyer-1235709843\/\" target=\"_blank\">Story Protocol Raises $54 Million+ From Investors Including Endeavor<\/a> (Variety)<\/li>\n<li><a href=\"https:\/\/www.storyprotocol.xyz\/media\/vision\" target=\"_blank\">Introducing Story Protocol<\/a> (Storyprotocol)<\/li>\n<li><a href=\"https:\/\/x.com\/ritualnet\/status\/1768314186025558151\" target=\"_blank\">Ritual on X<\/a> (X)<\/li>\n<li><a href=\"https:\/\/x.com\/StoryProtocol\/status\/1768314839687139416\" target=\"_blank\">Story Protocol on X<\/a> (X)<\/li>\n<\/ol>\n<\/div>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Intellectual property (IP) laws can be tricky to get around. Imagine spending millions of dollars producing a movie only to get sued by an artist for copyright infringement on an artwork you knew nothing about. That&#8217;s what happened when the comedy film The Hangover Part II was released in 2011. If you remember, in the [&hellip;]<\/p>\n","protected":false},"author":286557,"featured_media":279380,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","om_disable_all_campaigns":false,"footnotes":""},"categories":[601],"tags":[],"category_partsoff":[],"class_list":["post-279341","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.8 (Yoast SEO v23.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Story Protocol Explained: Tokenizing Intellectual Property - Techopedia<\/title>\n<meta name=\"description\" content=\"Story Protocol has the potential to change how we view IP today. Story is creating a repository system to make it easy to manage, monetize, and remix IP.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.techopedia.com\/story-protocol\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Story Protocol Explained: Tokenizing Intellectual Property\" \/>\n<meta property=\"og:description\" content=\"Story Protocol has the potential to change how we view IP today. Story is creating a repository system to make it easy to manage, monetize, and remix IP.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.techopedia.com\/story-protocol\" \/>\n<meta property=\"og:site_name\" content=\"Techopedia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/techopedia\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-07-13T11:00:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.techopedia.com\/wp-content\/uploads\/2024\/07\/Story-Protocol-Explained-Tokenizing-Intellectual-Property.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"686\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Mensholong Lepcha\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@techopedia\" \/>\n<meta name=\"twitter:site\" content=\"@techopedia\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mensholong Lepcha\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.techopedia.com\/story-protocol#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.techopedia.com\/story-protocol\"},\"author\":{\"name\":\"Mensholong Lepcha\",\"@id\":\"https:\/\/www.techopedia.com\/#\/schema\/person\/7cbd52e25b530c379bb0531645d987af\"},\"headline\":\"Story Protocol Explained: Tokenizing Intellectual Property\",\"datePublished\":\"2024-07-13T11:00:07+00:00\",\"dateModified\":\"2024-07-13T11:00:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.techopedia.com\/story-protocol\"},\"wordCount\":1095,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.techopedia.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.techopedia.com\/story-protocol#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.techopedia.com\/wp-content\/uploads\/2024\/07\/Story-Protocol-Explained-Tokenizing-Intellectual-Property.jpg\",\"articleSection\":\"\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.techopedia.com\/story-protocol#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.techopedia.com\/story-protocol\",\"url\":\"https:\/\/www.techopedia.com\/story-protocol\",\"name\":\"Story Protocol Explained: Tokenizing Intellectual Property - Techopedia\",\"isPartOf\":{\"@id\":\"https:\/\/www.techopedia.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.techopedia.com\/story-protocol#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.techopedia.com\/story-protocol#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.techopedia.com\/wp-content\/uploads\/2024\/07\/Story-Protocol-Explained-Tokenizing-Intellectual-Property.jpg\",\"datePublished\":\"2024-07-13T11:00:07+00:00\",\"dateModified\":\"2024-07-13T11:00:07+00:00\",\"description\":\"Story Protocol has the potential to change how we view IP today. Story is creating a repository system to make it easy to manage, monetize, and remix IP.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.techopedia.com\/story-protocol#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.techopedia.com\/story-protocol\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.techopedia.com\/story-protocol#primaryimage\",\"url\":\"https:\/\/www.techopedia.com\/wp-content\/uploads\/2024\/07\/Story-Protocol-Explained-Tokenizing-Intellectual-Property.jpg\",\"contentUrl\":\"https:\/\/www.techopedia.com\/wp-content\/uploads\/2024\/07\/Story-Protocol-Explained-Tokenizing-Intellectual-Property.jpg\",\"width\":1200,\"height\":686,\"caption\":\"Story Protocol Explained Tokenizing Intellectual Property\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.techopedia.com\/story-protocol#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.techopedia.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Cryptocurrency\",\"item\":\"https:\/\/www.techopedia.com\/cryptocurrency\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Blockchain\",\"item\":\"https:\/\/www.techopedia.com\/topic\/321\/blockchain\"},{\"@type\":\"ListItem\",\"position\":4,\"name\":\"Story Protocol Explained: Tokenizing Intellectual Property\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.techopedia.com\/#website\",\"url\":\"https:\/\/www.techopedia.com\/\",\"name\":\"Techopedia\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/www.techopedia.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.techopedia.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.techopedia.com\/#organization\",\"name\":\"Techopedia\",\"url\":\"https:\/\/www.techopedia.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.techopedia.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/08\/techopedia-light.svg\",\"contentUrl\":\"https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/08\/techopedia-light.svg\",\"width\":209,\"height\":37,\"caption\":\"Techopedia\"},\"image\":{\"@id\":\"https:\/\/www.techopedia.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/techopedia\/\",\"https:\/\/x.com\/techopedia\",\"https:\/\/www.linkedin.com\/company\/techopedia\/\",\"https:\/\/www.youtube.com\/c\/Techopedia\"],\"publishingPrinciples\":\"https:\/\/www.techopedia.com\/about\/editorial-policy\",\"ownershipFundingInfo\":\"https:\/\/www.techopedia.com\/about\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.techopedia.com\/#\/schema\/person\/7cbd52e25b530c379bb0531645d987af\",\"name\":\"Mensholong Lepcha\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.techopedia.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/06\/avatar_user_286557_1686590390-300x300.jpeg\",\"contentUrl\":\"https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/06\/avatar_user_286557_1686590390-300x300.jpeg\",\"caption\":\"Mensholong Lepcha\"},\"description\":\"Mensholong is a experienced crypto and blockchain journalist, now a full-time writer at Techopedia. He has contributed with news coverage and in-depth market analysis to Capital.com, StockTwits, XBO, and other publications. He began his writing career at Reuters in 2017, covering global equity markets. In his spare time, Mensholong enjoys watching soccer, finding new music, and buying BTC and ETH for his crypto portfolio.\",\"sameAs\":[\"https:\/\/www.linkedin.com\/in\/mensholong-lepcha-85049a119\/\"],\"knowsAbout\":[\"Crypto Specialist\"],\"url\":\"https:\/\/www.techopedia.com\/contributors\/mensholonglepcha\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Story Protocol Explained: Tokenizing Intellectual Property - Techopedia","description":"Story Protocol has the potential to change how we view IP today. Story is creating a repository system to make it easy to manage, monetize, and remix IP.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.techopedia.com\/story-protocol","og_locale":"en_US","og_type":"article","og_title":"Story Protocol Explained: Tokenizing Intellectual Property","og_description":"Story Protocol has the potential to change how we view IP today. Story is creating a repository system to make it easy to manage, monetize, and remix IP.","og_url":"https:\/\/www.techopedia.com\/story-protocol","og_site_name":"Techopedia","article_publisher":"https:\/\/www.facebook.com\/techopedia\/","article_published_time":"2024-07-13T11:00:07+00:00","og_image":[{"width":1200,"height":686,"url":"https:\/\/www.techopedia.com\/wp-content\/uploads\/2024\/07\/Story-Protocol-Explained-Tokenizing-Intellectual-Property.jpg","type":"image\/jpeg"}],"author":"Mensholong Lepcha","twitter_card":"summary_large_image","twitter_creator":"@techopedia","twitter_site":"@techopedia","twitter_misc":{"Written by":"Mensholong Lepcha","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.techopedia.com\/story-protocol#article","isPartOf":{"@id":"https:\/\/www.techopedia.com\/story-protocol"},"author":{"name":"Mensholong Lepcha","@id":"https:\/\/www.techopedia.com\/#\/schema\/person\/7cbd52e25b530c379bb0531645d987af"},"headline":"Story Protocol Explained: Tokenizing Intellectual Property","datePublished":"2024-07-13T11:00:07+00:00","dateModified":"2024-07-13T11:00:07+00:00","mainEntityOfPage":{"@id":"https:\/\/www.techopedia.com\/story-protocol"},"wordCount":1095,"commentCount":0,"publisher":{"@id":"https:\/\/www.techopedia.com\/#organization"},"image":{"@id":"https:\/\/www.techopedia.com\/story-protocol#primaryimage"},"thumbnailUrl":"https:\/\/www.techopedia.com\/wp-content\/uploads\/2024\/07\/Story-Protocol-Explained-Tokenizing-Intellectual-Property.jpg","articleSection":"","inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.techopedia.com\/story-protocol#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.techopedia.com\/story-protocol","url":"https:\/\/www.techopedia.com\/story-protocol","name":"Story Protocol Explained: Tokenizing Intellectual Property - Techopedia","isPartOf":{"@id":"https:\/\/www.techopedia.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.techopedia.com\/story-protocol#primaryimage"},"image":{"@id":"https:\/\/www.techopedia.com\/story-protocol#primaryimage"},"thumbnailUrl":"https:\/\/www.techopedia.com\/wp-content\/uploads\/2024\/07\/Story-Protocol-Explained-Tokenizing-Intellectual-Property.jpg","datePublished":"2024-07-13T11:00:07+00:00","dateModified":"2024-07-13T11:00:07+00:00","description":"Story Protocol has the potential to change how we view IP today. Story is creating a repository system to make it easy to manage, monetize, and remix IP.","breadcrumb":{"@id":"https:\/\/www.techopedia.com\/story-protocol#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.techopedia.com\/story-protocol"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.techopedia.com\/story-protocol#primaryimage","url":"https:\/\/www.techopedia.com\/wp-content\/uploads\/2024\/07\/Story-Protocol-Explained-Tokenizing-Intellectual-Property.jpg","contentUrl":"https:\/\/www.techopedia.com\/wp-content\/uploads\/2024\/07\/Story-Protocol-Explained-Tokenizing-Intellectual-Property.jpg","width":1200,"height":686,"caption":"Story Protocol Explained Tokenizing Intellectual Property"},{"@type":"BreadcrumbList","@id":"https:\/\/www.techopedia.com\/story-protocol#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.techopedia.com\/"},{"@type":"ListItem","position":2,"name":"Cryptocurrency","item":"https:\/\/www.techopedia.com\/cryptocurrency"},{"@type":"ListItem","position":3,"name":"Blockchain","item":"https:\/\/www.techopedia.com\/topic\/321\/blockchain"},{"@type":"ListItem","position":4,"name":"Story Protocol Explained: Tokenizing Intellectual Property"}]},{"@type":"WebSite","@id":"https:\/\/www.techopedia.com\/#website","url":"https:\/\/www.techopedia.com\/","name":"Techopedia","description":"","publisher":{"@id":"https:\/\/www.techopedia.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.techopedia.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.techopedia.com\/#organization","name":"Techopedia","url":"https:\/\/www.techopedia.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.techopedia.com\/#\/schema\/logo\/image\/","url":"https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/08\/techopedia-light.svg","contentUrl":"https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/08\/techopedia-light.svg","width":209,"height":37,"caption":"Techopedia"},"image":{"@id":"https:\/\/www.techopedia.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/techopedia\/","https:\/\/x.com\/techopedia","https:\/\/www.linkedin.com\/company\/techopedia\/","https:\/\/www.youtube.com\/c\/Techopedia"],"publishingPrinciples":"https:\/\/www.techopedia.com\/about\/editorial-policy","ownershipFundingInfo":"https:\/\/www.techopedia.com\/about"},{"@type":"Person","@id":"https:\/\/www.techopedia.com\/#\/schema\/person\/7cbd52e25b530c379bb0531645d987af","name":"Mensholong Lepcha","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.techopedia.com\/#\/schema\/person\/image\/","url":"https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/06\/avatar_user_286557_1686590390-300x300.jpeg","contentUrl":"https:\/\/www.techopedia.com\/wp-content\/uploads\/2023\/06\/avatar_user_286557_1686590390-300x300.jpeg","caption":"Mensholong Lepcha"},"description":"Mensholong is a experienced crypto and blockchain journalist, now a full-time writer at Techopedia. He has contributed with news coverage and in-depth market analysis to Capital.com, StockTwits, XBO, and other publications. He began his writing career at Reuters in 2017, covering global equity markets. In his spare time, Mensholong enjoys watching soccer, finding new music, and buying BTC and ETH for his crypto portfolio.","sameAs":["https:\/\/www.linkedin.com\/in\/mensholong-lepcha-85049a119\/"],"knowsAbout":["Crypto Specialist"],"url":"https:\/\/www.techopedia.com\/contributors\/mensholonglepcha"}]}},"modified_by":"kseniachapchikova","_links":{"self":[{"href":"https:\/\/www.techopedia.com\/wp-json\/wp\/v2\/posts\/279341"}],"collection":[{"href":"https:\/\/www.techopedia.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.techopedia.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.techopedia.com\/wp-json\/wp\/v2\/users\/286557"}],"replies":[{"embeddable":true,"href":"https:\/\/www.techopedia.com\/wp-json\/wp\/v2\/comments?post=279341"}],"version-history":[{"count":0,"href":"https:\/\/www.techopedia.com\/wp-json\/wp\/v2\/posts\/279341\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.techopedia.com\/wp-json\/wp\/v2\/media\/279380"}],"wp:attachment":[{"href":"https:\/\/www.techopedia.com\/wp-json\/wp\/v2\/media?parent=279341"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.techopedia.com\/wp-json\/wp\/v2\/categories?post=279341"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.techopedia.com\/wp-json\/wp\/v2\/tags?post=279341"},{"taxonomy":"category_partsoff","embeddable":true,"href":"https:\/\/www.techopedia.com\/wp-json\/wp\/v2\/category_partsoff?post=279341"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}