[PRESS RELEASE – Singapore, Singapore, December 20th, 2024]
Foresight Ventures, a worldwide main Enterprise Capital in Web3 and blockchain, has unveiled its newest analysis report on Story, highlighting its transformative potential in constructing a decentralized ecosystem for managing mental property (IP). The analysis delves into how the protocol permits trustless IP administration, automated licensing, and dynamic royalty programs, fostering an AI-driven IP economic system that redefines digital creativity and collaboration.
Revolutionizing the IP Panorama
Story not too long ago launched the Agent Transaction Management Protocol for Mental Property (ATCP/IP), a groundbreaking framework enabling the seamless and autonomous change of IP on-chain. By integrating programmable licensing phrases, royalty automation, and dispute decision mechanisms, it gives a scalable, trustless infrastructure for creators and innovators.
“Story is greater than a blockchain; it’s an working system for decentralized creativity,” mentioned Maggie Wu, Analysis Lead at Foresight Ventures. “Its means to empower creators with scalable, automated, and clear IP instruments is a paradigm shift in how we view and handle mental property globally.”
Pioneering the AI Financial system
A key spotlight of the analysis is Story’s position in bridging blockchain expertise with the rising AI ecosystem. The ATCP/IP framework permits AI brokers to autonomously handle, license, and commerce datasets, outputs, and algorithms, facilitating collaboration and innovation at an unprecedented scale.
“AI and blockchain are converging to reshape how we handle and transact worth,” mentioned Forest Bai, Co-founder of Foresight Ventures. “Story stands out by enabling a frictionless market for mental property, empowering creators whereas fostering sustainable innovation by means of trustless programs.”
Actual-World Purposes and Future Potential
Story’s functions prolong past mental property to handle broader market wants. From tokenized real-world IPs like Bored Ape Yacht Membership to royalty-based monetary derivatives, its modular framework gives sturdy options for creators and enterprises. Its AI integration additional amplifies its scalability, enabling decentralized data economies to thrive.
For extra particulars of the analysis, customers can go to this LINK.
About Foresight Ventures
Foresight Ventures is the primary and solely crypto VC bridging East and West. With a research-driven method and workplaces within the US and Singapore, they’re a powerhouse in crypto funding and incubation. Their premier media community contains The Block, Foresight Information, BlockTempo, and Coinness. The crew aggressively put money into essentially the most daring improvements. They’re devoted to partnering with visionary tasks and prime groups to assist them succeed, reshaping the way forward for digital finance and past.
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