Grayscale Launches Trust for Story Protocol to Tap Into $80T Intellectual Property Market

Grayscale has launched a caller concern conveyance that gives accredited investors vulnerability to Story, a blockchain protocol designed to crook intelligence spot (IP) into programmable integer assets.

The Grayscale Story Trust volition absorption exclusively connected IP, the autochthonal token of the Story network, according to an announcement. The protocol aims to modernize the mode integer and real-world contented — from euphony and video to biometric information and AI grooming sets — is represented, licensed, and monetized crossed blockchain-based systems.

IP is presently trading astatine $5.94, up implicit 100% successful the past month.

Story’s exertion allows creators and companies to embed licensing terms, royalty rules, and attribution straight into astute contract-enabled NFTs. These programmable tokens are designed to enforce ownership and rights absorption automatically, eliminating the request for intermediaries. That includes scenarios similar an creator distributing a way wherever remix royalties are coded straight into the record oregon a robotics institution feeding sensor information into AI models with traceable usage rights.

The protocol is already seeing traction, with implicit 1.7 cardinal IP-related transactions and much than 200,000 monthly users, according to the foundation. Applications scope from contented creators tagging their likeness successful video footage to AI developers sourcing compliant grooming data. One initiative, Poseidon, helps provender real-world information into autonomous systems similar surgical assistants and self-driving cars.

Grayscale, champion known for its flagship Bitcoin Trust (GBTC), has been expanding into niche sectors of the integer plus market. This caller spot joins a increasing roster of single-asset vehicles aimed astatine offering organization investors regulated vulnerability to emerging blockchain usage cases.

Like different Grayscale products, the Story Trust volition beryllium unfastened for regular subscription by accredited investors, but doesn’t warrant secondary marketplace trading. Past Grayscale funds person traded astatine premiums oregon discounts comparative to their underlying assets, raising risks for immoderate investors, portion providing trading opportunities for others.