The Only Layer One Blockchain To Raise Three Consecutive a16z-led in Rounds
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As generative AI reshapes industries, a key issue is becoming increasingly prominent: intellectual property (IP) in the age of AI. AI systems rely on massive data sets—text, images, videos, etc.—but much of that data is intellectual property. yes
Most intellectual property holders receive no compensation or control when their works are used. latest New York Times vs OpenAI The lawsuit highlights growing tensions in which prominent intellectual property holders are pushing back against the unlicensed use of their work in artificial intelligence training models. The legal and ethical challenges surrounding intellectual property in AI development have never been more pressing.
Story is headquartered in Silicon Valley, close to Stanford University, in the heart of global innovation hubs and surrounded by leading AI companies and renowned Layer 1 blockchains such as Aptos and Sui. Story is a purpose-built layer 1 blockchain designed to tokenize intellectual property into programmable digital assets.
By enabling intellectual property holders to tag, protect, share and monetize their ideas, Story provides a secure foundation for AI-driven innovation and decentralized collaboration, as demonstrated by its recent integration with Stability AI. Making it the first blockchain to be integrated with a major LL.M. Story has attracted unparalleled investor confidence and has raised $140 million in funding to date, with Andreessen Horowitz (a16z) leading three consecutive rounds of funding for the company, a first in blockchain history.
rare in recent times video interview a16z crypto founder and managing director Chris Dixon joins leading tech Youtube channel EO to explain the thesis behind his three leading Story funding rounds. He warned that if blockchain solutions like Story don’t step in to compensate creators and data owners, AI could have a catastrophic impact on the internet’s creative economy: “When I can just go to Midjourney and create illustrations, Why should I pay an illustrator? A lot of these creators don’t have a financial model.”
Story operates at the intersection of artificial intelligence and blockchain technology, and the stakes couldn’t be higher. In many ways, intellectual property is The world’s largest asset classrepresenting more than $61.9 trillion in value Across industries such as media, technology and pharmaceuticals (Brand Finance 2023 Global Intangible Finance Tracker Report). From brand identity and characters to code libraries and proprietary research, everything is intellectual property. However, this massive asset class remains one of the least efficient to monetize, making it difficult for IP holders, businesses, investors, and innovators to protect or leverage their contributions in an increasingly AI-driven economy.
Artificial Intelligence’s Dependence on Data and the Intellectual Property Issues It Generates
AI models like Stability AI’s Stable Diffusion and OpenAI’s GPT require large amounts of training data to function. Much of this data comes from copyrighted works, often stolen without permission or payment. this New York Times vs OpenAI The lawsuit isn’t just another legal dispute—it’s a defining moment for intellectual property in the age of artificial intelligence. era Accusations that OpenAI illegally used its articles to train artificial intelligence models without permission set the stage for a legal showdown that could affect how intellectual property is handled in the age of artificial intelligence.
The fight between these two single agencies, one representing old media and the other representing new artificial intelligence, exposes the shortcomings of the current intellectual property system. this era Accusations that OpenAI illegally used its articles to train artificial intelligence models triggered a legal battle that exemplified the breakdown of the traditional intellectual property framework. This “war of all against all” over human knowledge reveals the systemic inefficiencies of an outdated intellectual property regime that still relies on manual contracts and centralized control.
Although the value of IP is estimated at $61.9 trillion, the infrastructure for monetizing, growing, and tokenizing these assets is still stuck in the past. Traditional licensing methods rely on lengthy manual processes that are nearly impossible to scale for AI’s massive and rapid data consumption. As artificial intelligence develops, the need for a strong IP framework that protects IP holders while promoting innovation becomes critical.
Story: World Intellectual Property Blockchain
Story provides the infrastructure needed to resolve this bottleneck. The protocol allows intellectual property holders, businesses and investors to tokenize their intellectual property into digital assets, making them easy to track, transfer and monetize. By combining blockchain technology with a specialized legal framework, Story ensures that various intellectual property holders retain control of their works while providing new monetization opportunities.
With Story’s programmable IP assets, rights holders can specify whether their assets can be used for AI training, commercial use, or restricted entirely. This ensures that the data-fed AI models are legally compliant and the original IP holders are fairly compensated. Unlike traditional intellectual property systems, Story’s blockchain-based approach provides real-time rights enforcement and eliminates inefficiencies that make it tradable and scalable to meet the vast data demands of artificial intelligence.
The integration between Story and Stability AI illustrates the potential of this protocol. Stability AI, known for its open source stable diffusion model, uses Story’s infrastructure to obtain legally authorized data sets. By tokenizing and organizing intellectual property on-chain, Story creates a curated pool of executable data for training artificial intelligence while providing a transparent revenue stream for intellectual property holders. This collaboration bridges the gap between AI developers and IP holders, transforming tokenized IP into a sustainable market that protects rights holders while driving AI innovation. At a time when intellectual property is emerging as a key asset class for artificial intelligence, Story offers a transformative solution by combining the transparency of blockchain with a strong legal framework.
this new york times The lawsuit against OpenAI highlights the urgent need for infrastructure like Story. The traditional view is New York Times vs OpenAI The nature of the lawsuit is that it’s just another legal battle. This explanation completely misses the point. The case represents a larger fight at the heart of the debate over intellectual property and artificial intelligence: Who will control and monetize human knowledge in the digital age?
Story etched the lawsuit’s opening words into its genesis block, not to take sides but to document the inflection point we’re experiencing. The lawsuit is emblematic of the shortcomings of a system in which traditional intellectual property holders struggle to keep up with the exponential growth of artificial intelligence, while AI companies extract value without compensation. A zero-sum struggle among existing businesses era AI innovators like OpenAI underscore the urgent need for a third way—one that transcends centralized gatekeeping entirely.
It shows how AI companies’ reliance on unlicensed data creates risks for developers and intellectual property holders. Without a clear licensing and compensation framework, the AI industry will face ongoing legal battles in the future, stifling innovation.
Story offers a proactive solution by bringing IP on-chain: the protocol can prevent these conflicts before they occur. It ensures that intellectual property holders are fairly compensated and AI developers are able to access the data they need without fear of legal consequences.
Story’s ability to tackle these challenges has earned her strong support from some of the biggest names in tech and finance. Since its founding, the company has raised more than $140 million through multiple rounds of funding, valuing it at $2.25 billion. Most notably, a16z led all three funding rounds – an unprecedented vote of confidence in the protocol’s potential.
This level of support shows that Story’s IP approach is not just a theoretical solution, but a necessary one. As intellectual property becomes the currency of the AI economy, Story aims to make its tokenized infrastructure the industry standard.
With intellectual property worth US$61.9 trillion, it is clear that intellectual property is not only a creative asset, but also the engine of the global intellectual economy. However, without modern infrastructure, this massive asset class remains underutilized and at risk.
The future of intellectual property will be defined not by litigation, but by the code that turns ideas into programmable assets
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