The brand-new native token of a layer-1 blockchain targeted on mental property (IP) has skyrocketed by 164% in value in its first week of existence.
Story (IP) launched on February thirteenth on the itemizing value of $2.26 and is now buying and selling at $5.98 at time of writing.
It’s already the 71st-largest crypto asset by market cap and has surged by practically 120% prior to now 24 hours alone.
Story is a scalable mental property answer that goals to function a blockchain the place rights holders can add IP, set the phrases of use and monetize it all through the protocol’s utility ecosystem.
The venture introduced on Monday that it was becoming a member of Stanford College’s Way forward for Digital Forex Initiative (FDCI).
“Our engineering crew will likely be aiding Stanford FDCI on open analysis issues in blockchains. This analysis collaboration will speed up Story’s roadmap.
Analysis is a essential piece of shaping the way forward for blockchain execution environments. Story will help Stanford FDCI within the following analysis areas:
– Excessive-throughput concurrent processing for real-world functions
– Seamless integration with Story’s current multi-core structure
– {Hardware}-level sensible contract execution that maintains strong verification.”
Story additionally printed its technical roadmap on Thursday on the social media platform X. The roadmap features a “complete” community improve within the third quarter of the yr that can goal to enhance efficiency and governance.
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