Story Protocol company
Overview
Story is a Layer 1 blockchain positioned as 'the world's intellectual property network', letting creators register IP onchain and track how others use it so original creators are rewarded in the AI era. It is developed by PIP Labs, which raised $80 million in a Series B led by a16z crypto, with participation from Polychain Capital, Stability AI SVP and board member Scott Trowbridge, K11 founder Adrian Cheng and digital art collector Cozomo de' Medici; the round valued the project at $2.25 billion and brought total funding to $140 million. The network shipped in stages: PIP Labs announced on 24 January 2025 that the Developer Mainnet had launched on 21 January, and the public mainnet, named Homer, went live on 13 February 2025. Tokenomics were unveiled ahead of the mainnet launch. The core proposition is that IP registration, licensing terms and downstream royalties become programmable onchain primitives rather than paper contracts — an argument sharpened by generative AI's appetite for training data. PIP Labs raised $80 million in a Series B led by a16z crypto in August 2024 at a $2.25 billion valuation, taking total funding to $140 million. The Developer Mainnet launched 21 January 2025, and the public mainnet 'Homer' went live 13 February 2025.
Within the DeFi Intel graph, Story Protocol connects to 7 tracked entities, most strongly to a16z crypto, a16z Crypto, Polychain Capital.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 7 of 7 total).
| Relation | Connected entity | Confidence |
|---|---|---|
invested_in | a16z crypto | 90% |
partnered_with | a16z Crypto | 85% |
backed_by | Polychain Capital | 85% |
invested_in | Polychain Capital | 85% |
backed_by | a16z crypto | 85% |
invested_in | Hashed | 70% |
invested_in | Animoca Brands | 70% |
Frequently asked questions
What is Story Protocol?
Story Protocol is an infrastructure tracked in the DeFi Intel knowledge graph. It is connected to 7 other tracked entities, most strongly to a16z crypto, a16z Crypto, Polychain Capital.
What type of entity is Story Protocol?
Story Protocol is classified as an infrastructure (company) in the DeFi Intel knowledge graph.
What is Story Protocol connected to?
In the DeFi Intel knowledge graph, Story Protocol is linked to 7 other tracked entities, most strongly to a16z crypto, a16z Crypto, Polychain Capital.
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