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Title: Story Protocol IP, a Layer 1, Will Be Listed on CoinW Exchange
Dubai, United Arab Emirates, 13th Feb 2025 - CoinW, the world's pioneering cryptocurrency trading platform, will list IP, a Layer 1 blockchain designed to manage and protect intellectual property (IP), on Layer 1 Zone. For all CoinW users, the IP/USDT has been officially available for trading on February 13th, 2025, at 9:00 (UTC). To celebrate the listing of IP, we are launching the “ IP Bounty Program" event with a reward pool of 10,000 USDT. A New Era for Intellectual Property with Blockchain Technology Story Protocol introduces an innovative solution for IP management by leveraging blockchain technology, AI integration, and advanced data structures. Built with the combined strengths of EVM compatibility and the Cosmos SDK, Story Network offers a scalable, cost-efficient environment for handling complex intellectual property graphs. The protocol introduces a groundbreaking concept: IP Assets (IPAs), which allow creators to register and manage their works on-chain while tracking usage and automating royalty distributions. Furthermore, Story Protocol aligns with international IP protection standards, such as the Berne Convention, ensuring legal safeguards for content creators worldwide. Its innovative 'Proof of Creativity' mechanism guarantees that original works are easily distinguishable and fairly rewarded, fostering a more transparent and creator-friendly digital economy. The Role of the IP Token in Story Protocol's Ecosystem The IP token serves as the cornerstone of Story Protocol's ecosystem, with multiple utilities that ensure the network's functionality and governance: Network Security: Validators stake IP tokens to secure the network using a Proof-of-Stake consensus.Transaction Fees: All transactions within Story P...
This press release is issued by King Newswire