The brand-new native token of a layer-1 blockchain centered 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 almost 120% previously 24 hours alone.
Story is a scalable mental property resolution 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 announced on Monday that it was becoming a member of Stanford College’s Way forward for Digital Forex Initiative (FDCI).
“Our engineering crew might 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 good contract execution that maintains strong verification.”
Story additionally published 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 may purpose to enhance efficiency and governance.
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