On March 25th, Story Protocol will launch the open beta of its IP Portal, aiming to revolutionize intellectual property management and monetization on the blockchain.
What is Story Protocol and its IP Portal?
Story Protocol is creating a decentralized ecosystem for registering, tracking, and utilizing IP. The IP Portal is a user-friendly interface enabling blockchain-based IP management.
Why Blockchain for Intellectual Property?
Blockchain offers transparency, security, and global accessibility, enabling automated licensing agreements and royalty payments through smart contracts.
Benefits of Blockchain IP Monetization
Creators can manage licensing terms and monetization strategies while blockchain ensures transparent IP usage tracking and royalty distribution, reducing administrative and legal costs.
The launch of Story Protocol's IP Portal is a significant step forward in digital ownership, providing creators with tools for efficient management and monetization of their work.