The main function of the Story Network (IP) project is to provide a transparent and Decentralization solution for intellectual property management. It is a specially built Layer 1 blockchain that incorporates the best features of Ethereum Virtual Machine (EVM) and Cosmos SDK, fully compatible with EVM, and optimized for Depth execution layer to support graph data structures, enabling fast and cost-effective processing of complex data structures (such as IP).

By embedding terms of use, ownership, and royalty agreements directly into the blockchain, Story Network can tokenize any type of IP, whether it's creative, images, real-world assets, songs, AI models, NFTs, portrait rights, or anything in between. This enables IP holders to better protect their work, facilitate seamless collaboration, and unlock more revenue opportunities in the AI-driven economy.

In traditional intellectual property management, content creators often face challenges such as difficulty in rights protection, unfair revenue distribution, and complex authorization processes. The Story Network project aims to address these issues, using blockchain technology to ensure ownership, transparency, and fair distribution of content, allowing creators to focus on their creativity.
The IP token economic model released by Layer1 Knowledge Property Blockchain Story is as follows:

● IP total supply is 1 billion tokens, with initial unlock of 25%.

● In terms of allocation, 58.4% will be distributed to the community, including: 38.4% for the ecosystem and community, 10% for initial incentives, and 10% for the foundation; 21.6% for early investors; 20% for early contributors.

The usage of IP tokens includes staking, paying Gas fees, and governance.

● The staking mechanism adopts the principle of fair launch. During the 42 days after the 1/19 genesis block (i.e., the odd-point period), users can participate in staking or delegate staking, but no staking rewards will be generated during this period. After the odd-point period, all participants will begin to receive staking rewards.
Over-the-Counter Trading Link $IP Pre-Market Discount: https://www.gate.io/pre-market/IP
Please click the link to view the project introduction: https://www.gate.io/learn/articles/ip-overview/6365
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