First topic: Why memes are the ideal mechanism for IP in Web3
The success of IP in the Web2 phase depends on whether you can frequently see it going viral on social media, spreading like wildfire, like Disney, Marvel, Harry Potter, Journey to the West, etc. In Web3, memes are the most successful IP attributes of Web3 products. People may not care who you are, but if you say you hold a lot of Doge, Shib, Pepe, and are a builder of these meme coins, people around you will definitely think you are amazing.
The influence of memes in Web3 depends on whether the design concept of the meme is recognized by people. Once this concept is accepted, community members will start to go crazy with CX and begin to spread virally. If two top memes merge in STORY, the impact will be enormous. Because memes have such unique IP attributes, Web3 is very likely to give birth to the next Disney, Marvel...
Second topic: Resolving the conflicts between meme IP holders and the community
Jason uses the example of Chill Guy. If this IP is in Web2, it might be popular for a week or two and then quickly fade away. But in Web3, it is equivalent to giving a Chill Guy a global market and allowing the value of its IP to be monetized.
However, there is a situation where if a creator of a meme worth hundreds of millions is unaware of this, it will evolve into a conflict between the IP holder and the community. @StoryProtocol and @Spotlight_IP can perfectly solve this situation. If the community wants to gain the support of the IP holder, they can submit an application to the IP holder when creating the token. Once authorized by the IP holder, this token naturally becomes the 'official token'. At the same time, during the application, they can promise to give the holder 10% of the supply or other commitments, as long as both parties can accept it. This way, there will be no opposition between the IP holder and the community, creating a win-win situation of 1+1>2. Thus, there won't be occurrences like the Neiro and Eliza incidents. I believe this is crucial for every meme token.
Third topic: The vision of ATCP/IP
What Jason discussed is basically consistent with an article I wrote yesterday. I will link it below, so I won't repeat it. (I am really super excited!!!!!!! 😆😆)
https://x.com/jeansonlau63972/status/1872538870002413948
Fourth topic: How to empower builders and project parties through ATCP/IP
First of all, we should try to create high-level IP Agents. Compared to the shell, we should focus more on the internal training data to ensure that your IP Agent can generate sufficient economic effects, so that your IP has enough influence in STORY. After that, you can freely choose other IPs or let other IPs choose you, iterating out a stronger IP. At the same time, monetize each IP to make tedious transaction authorizations simpler and more direct.
Fifth topic: Specific plans for STORY to support IP growth and development
First, prioritize the ecosystem. STORY will support every outstanding project/builder, such as @Spotlight_IP. Even if your scale is not large, as long as your idea is good enough, STORY will fully support you until the project succeeds.
Even more incredible is that if you create an IP in STORY, you will be able to convert your IP into your financial asset across all projects in the STORY ecosystem. (For example, make a piece of clothing through @ABLO_Official, make music through @soloai_dj, write a story through @joinsekai, and create your own IP universe.)
Sixth topic: Live Q&A session
1. Wen? Wen? Wen???
Answer: The mainnet will be coming soon, and very interesting things will happen in Q1, very very interesting, but I can't say more.
2. Can Spotlight maintain long-term value?
Answer: The whole world is a huge meme! Meme is a cultural gene, and its power is very strong and enduring, referring to the first and second topics.
3. When will the next announcement be?
Answer: There will be some announcements in 3 to 4 days, something very exciting, suspected to be a top Korean IP joining STORY.