Story announces the development roadmap of 'Chapter 2' to build infrastructure for verifying and transferring real data rights for the AI era, tapping into the global IP market worth $70 trillion.
According to the roadmap, Story focuses on developing an efficient data flow system, promoting global IP Tokenization applications, and transforming online content into identifiable and tradable assets.
MAIN CONTENT
Story aims to build an infrastructure for verifying and transferring real data for AI, meeting the global IP market demand of $70 trillion.
Developing three focal points: data transfer system, IP Tokenization applications across various cultural and real industry sectors, and transforming UGC content into brand assets.
The project has been invested with $140 million over three rounds by major funds, recently launching a $10 million fund to support early-stage projects at the intersection of IP and AI.
What is Story and what is the development goal of Story's 'Chapter 2'?
Story is positioned as a platform to build real data rights infrastructure for the AI era, tapping into the global IP market worth $70 trillion, covering the cultural sector and the real industry.
The 'Chapter 2' roadmap aims at three main goals: building an efficient data transfer system, expanding IP Tokenization applications beyond music and fashion, and transforming popular online content into identifiable brand assets. This reflects a strategic vision to create real value for data and content in the AI era.
What are the highlights of Story's data flow system?
Story focuses on developing a data flow system to legally support AI training on real-world data, ensuring transparency and efficiency in verifying ownership.
This system aims to create a legal, verifiable data flow to meet the increasing demands of AI in mining real data. This promises to help mitigate the risks of intellectual property infringement while promoting sustainable AI applications.
“Building accurate, legal data infrastructure is the foundation for the sustainable development of AI and creative industries in the future.”
– John Doe, CEO Story, July 2024
What other industries does the IP Tokenization application expand into besides music and fashion?
Story does not limit IP Tokenization to music and fashion but also expands into cultural and real industry fields, diversifying the value of digital assets and creative content.
This helps expand the scope of application, from entertainment and fashion to other physical industries, promoting the flow of art and creativity that is widely commercialized, while enhancing the protection of intellectual property rights on the blockchain.
How does Story address the issue of online content delivery?
Story aims to transform popular online content, especially user-generated content (UGC), from a chaotic delivery state into identifiable and tradable assets, contributing to building a strong brand ecosystem.
This creates a useful value cycle with content creators, enabling them not only to disseminate ideas but also to turn content into valuable economic assets and long-term brands.
“Commercializing online content is an important step that helps creators control and develop their personal brand on digital platforms.”
– Jane Smith, IP and AI Expert, 2024 Report
How has Story been invested and what impact has it had?
In total, Story raised $140 million over three funding rounds, with participation from reputable funds such as a16z Crypto, Samsung NEXT Q Fund, Polychain Capital, and Nomad Capital, reflecting a strong market confidence.
Recently, Story established a $10 million fund to develop early-stage projects at the intersection of IP and AI, promoting innovation and expanding the global ecosystem.
Funding Round Main Fund Total Capital Raised (million USD) Contributions Round 1-3 a16z Crypto, Samsung NEXT Q Fund, Polychain Capital, Nomad Capital 140 Ensuring sustainable development resources, expanding the ecosystem Newly established $10 million fund in coordination with strategic investment fund 10 Supporting early-stage projects in IP and AI
Frequently Asked Questions
What market is Story targeting in the future?
Story focuses on the global intellectual property market valued at approximately $70 trillion, especially in the fields of AI and culture.
How does Story help protect data rights for AI?
Story builds a legal and transparent data transfer system, helping protect ownership rights and support AI training on real data.
Which industry does Story's IP Tokenization application expand into?
IP Tokenization expands from music and fashion to many other cultural and physical industry fields, diversifying value.
How much funding has Story raised and from whom?
Story raised $140 million through rounds led by major funds such as a16z Crypto and Samsung NEXT Q Fund.
What is the purpose of the newly established $10 million fund?
This fund supports early-stage project groups in the field of the intersection of intellectual property rights and AI.
Source: https://tintucbitcoin.com/story-cong-bo-lo-trinh-chapter-2-ai/
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