#StoryProtocol A blockchain platform specializing in intellectual property (IP), has just announced details about the tokenomics for the IP token ahead of the Public Mainnet launch. However, the project has not disclosed specific information about the airdrop ratio, leaving the community curious.
🏆 Overview of IP Token
📌 Total Supply: 1 billion tokens #IP
📌 Allocation Ratio:
✅ 58.4% for the community (ecosystem, development incentives, support fund)
✅ 21.6% for initial investors
✅ 20% for the core development team
📌 Initial Unlocking Supply: 25%
🔥 What Is the IP Token Used For?
🔹 Network Security Staking: Users stake IP to help maintain the blockchain.
🔹 Transaction Fees: All transactions on Story Protocol will use IP as gas fee.
🔹 Participate in Governance: Holding IP will grant voting rights for important decisions.
⏳ Token Unlocking Mechanism – No Insider Priority!
Story Protocol is committed to a fair token launch, which means:
✅ No early staking rewards for funds or development teams
✅ The community will receive staking rewards simultaneously with everyone
📅 Singularity Period (19/01/2025 – 42 days after):
Users can stake or delegate IP, but there are no staking rewards.
Goal: To give everyone time to decide to participate.
🌟 Big Bang Event (after Singularity Period):
Official staking rewards start for all participants at the same time.
💰 Who Supports Story Protocol?
📌 Total funds raised: 134 million USD
📌 Major Investors:
✅ a16z crypto (Andreessen Horowitz)
✅ Polychain Capital
✅ Billionaire Adrian Cheng (K11 Group)
✅ Scott Trowbridge (Stability AI)
🚀 Mainnet Coming Soon – Should the Community Be Concerned?
Story Protocol plans to launch the Public Mainnet in 2025, marking a significant advancement in the field of intellectual property protection through blockchain. Although there is no information about airdrops yet, with a reasonable token allocation, this project could become a notable destination for those interested in IP and blockchain.
Stay tuned to not miss the opportunity! 🔥