August Recap: Origin Summit, Global Exchange Access, and Infra to Power the IP Economy
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August confirmed what we’ve been building toward: IP is crypto’s next frontier, and Story is the infrastructure making it programmable, investable, and real.
We announced Origin Summit, a global stage for visionaries in AI, IP, entertainment to shape the next era of innovation. Hosted with Blockworks and The Korea Economic Daily, and featuring speakers from HYBE, Grayscale, Pinkfong, and Animoca, it's where the $80T IP economy gets rewritten.
At the protocol level, the Story Network shipped its L1 review, launched the Security Council, and enabled fully custom royalty logic through External Royalty Policies. These upgrades strengthen the base layer for tracking and monetizing IP in real time.
Distribution went global. $IP is now live on Upbit and Revolut, expanding access to programmable IP across Korea, the EU, and beyond.
The IP economy is being built in real time.
Let’s look at what August delivered.
Introducing Origin Summit, a new event at the center of IP, AI and crypto in collaboration with @blockworks & @hankyungmedia.
Ft. leaders from HYBE, The Black Label, Pinkfong Company, Grayscale, Animoca, Igloo Inc. and many more.
IP is the origin of progress. Let's unlock it.
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In the Media
- Founder and CEO S.Y. (@storysylee) joined CBNC joined CNBC to break down how IP is becoming the core asset class at the intersection of crypto and AI, and why $IP is the only token in the top 100 directly exposed to that thesis.
- Story is breaking into Korea’s mainstream media: on Maeil Business TV, a leading Korean finance channel, @0xProfessorJo shared the latest updates at Story; and on Hankyung TV, another top economic outlet, @Steve_4P highlighted IP as a key Web3 meta.
- On the Technically Legal Podcast, CPO Andrea Muttoni (@devrelius) broke down Story’s IP infrastructure and the coming AI shift unlocked by real-world data.
- S.Y. went live on Korea Economic Daily, the Bloomberg of Korea. Introduced as Korea’s breakout global founder, SY broke down how Story is solving IP monetization, and answered questions on $IP utility.
Behind the scenes with CEO @storysylee live on Korea Economic Daily, the Bloomberg of Korea.
Introduced as Korea’s breakout global founder, SY detailed how Story is solving IP monetization, how @psdnai powers AI-native licensing, and why onchain IP is the next great asset class.
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What We Shipped
- Our network is now guarded by the best: meet the Story Network Security Council, an independent cohort of security experts responsible for rapid response and proactive network monitoring.
- The Eng Team also shipped their L1 review, detailing a consistent record of technical updates to further strengthen the bedrock of the protocol.
- Story now supports fully custom royalty logic through External Royalty Policies, allowing creators to encode complex revenue terms directly into smart contracts.
Introducing the Story Network Security Council.
The launch of Story's Security Council is a major step towards safeguarding the network and accelerating the path to full $IP tokenholder governance.
Details ↓
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Action in the Ecosystem
- Poseidon announced their app, a new way for anyone to contribute IP-cleared audio data to train AI on real human speech, accents, and noise. Dropping 🔜 👀
- ip.world is rewriting the rules of UGC and internet virality. In under a month, it’s processed $25M in volume and paid out $250K to IP owners. This month, $LOUIE is having its moment - what memetic IP should launch next?
- Yakoa is live on Story, enabling automatic retroactive licensing when AI or remixes overlap with existing IP. Infringement becomes revenue, not risk.
- Halliday Payments is now live on Story, making it possible to go from fiat to IP in just a few clicks. A seamless checkout flow that simplifies onboarding for both first-time and advanced users.
- UMA published a case study on how it's securing IP on Story, using optimistic oracles to power onchain dispute resolution. A key step toward making IP programmable, enforceable, and AI-ready.
- Verio launched its first music video on Story, featuring Bobby Shmurda and Ted Park. Fans can now support artists and earn from their IP by staking directly on their work.
- Story is powering the first advertising RWA in mainland China, in partnership with Starbase and HCAEE. High-traffic ad space is now being tokenized and monetized onchain, marking a major step for IP as a real-world asset.
less than 1 month since our official launch
$25m in total volume, $250k paid out to $ip owners
and this is only the start
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$IP Updates
- Upbit Korea announced market support for the $IP token, with trading pairs in KRW, BTC, and USDT 🇰🇷
- $IP is now live on Revolut, giving over 40M users across the EU and beyond direct access to the token powering Story’s AI-native IP infrastructure 🇪🇺
- Heritage Distilling is launching a $360M $IP token reserve, giving mainstream investors equity exposure to programmable IP for the first time. This marks a major step in bringing onchain IP into traditional capital markets.As part of the deal, the Story Foundation will use $82M of proceeds to buy back $IP tokens on the open market over a 90-day period.
IP is live now on @RevolutApp.
40M+ Revolut users across the EU and eligible countries can now access $IP, the token powering Story’s AI-native infrastructure for the $80T+ IP economy.
Learn more: revolut.com/crypto
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Story Events
- Origin Summit is Story’s flagship event on the future of IP, built in collaboration with @Blockworks_ and @Hankyungmedia, Korea’s largest financial media group. Top leaders from Morgan Stanley, Polygon, and The Black Label are gathering to shape the next era of AI, crypto, and onchain IP. Seoul, September 23. Meet us there.
- Surreal World Assets Szn 2 is coming this fall, co-hosted with Encode Club and AngelHack. After 800+ participants and 118 submissions in Szn 1, we're bringing back the buildathon at the edge of AI, blockchain, and the physical world.
- Story Event Grants are back, this time supporting Surreal World Assets Szn 2. Last season activated 20+ countries across 6 continents. This round is your chance to bring the buildathon to your city.
- Proof of Creativity was a vibe during an especially bullish Ethereum Week in New York. We partnered with our friends at @cantinaxyz @Yakoa_ and @crossmint to indulge in some IRL hang-time, billiards, and ping-pong competitions. Look out for the next one!
This fall → Surreal World Assets Szn 2
Our second virtual buildathon at the uncanny intersection of AI, blockchain, and the physical world as we know it.
꩜ Co-crafted with @encodeclub & @AngelHack
꩜ Nov 11 - Dec 4
꩜ Technical & non-technical friendly
More details 🔜
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