Story Protocol: Changing the IP management revolution with blockchain, how to solve the problem of creator rights?

With the rapid development of blockchain technology in multiple fields, we have seen its disruptive changes in industries such as finance and supply chain. However, blockchain can not only change the currency world, but also how we manage and protect intellectual property (IP). Story Protocol, a blockchain project focused on IP management, is trying to address the core issues in current IP management with its innovative layered modular design and multi-core execution environment. So, how does this emerging project compare with traditional IP management methods? What real changes can it bring to creators?

The current situation of IP management: the dilemma of creators

In the traditional IP management system, creators face many challenges:
1. Cross-platform challenge: The existing IP management system often lacks effective integration across platforms and media, and creators often cannot control the rights to use their works on different channels.
2. High copyright fees: For creators, managing their own works requires a large amount of money and time, as well as reliance on intermediary agencies or platforms, which makes it difficult for many small creators to benefit from it.
3. Unequal profit distribution: Most platforms and intermediaries occupy the majority of the shares in profit distribution, leaving only a small portion for the creators. Data shows that the platform usually receives more than 75% of the profit, while the creators only receive 15%-30% of the shares.
4. Lack of dynamic adjustment mechanism: With the changes in the market environment and the needs of creators themselves, the traditional IP authorization and copyright trading system often lack a dynamic adjustment mechanism, which results in the interests of creators not being timely protected and updated.

The innovation of Story Protocol: How does blockchain change IP management?

Story Protocol seeks to fundamentally address these issues by introducing blockchain technology. Here are some key innovations:

1. Layered modular design

Traditional blockchain has certain performance bottlenecks in managing complex data and executing high-concurrency operations. Story Protocol separates different functional modules through layered modular design, allowing each module to operate independently and avoid performance overload. Its multi-level architecture can more efficiently handle complex IP management tasks while ensuring system scalability and flexibility.

2. Multi-core Execution Environment

The Story Protocol adopts a multi-core execution environment, breaking through the limitations of traditional blockchains in handling complex IP information. Through parallel processing, the system can quickly handle various IP data transactions, revenue distribution, and authorization management operations without sacrificing performance. For large-scale IP management, this innovative architecture can greatly improve efficiency.

3. Decentralized Income Distribution

Story Protocol not only focuses on how creators manage their own IP assets, but also on how creators can benefit from it. Through decentralized smart contracts, Story Protocol ensures that all creators' contributions are fairly rewarded. Whenever a creator updates a work, adds new content, or obtains authorization, the system automatically updates their earnings and distributes relevant rewards in real time.

4. Dynamic Yield Mechanism

Story Protocol introduces the ERC-7641 standard, allowing creators to receive more rewards based on the dynamic changes of their works (such as updates and modifications with each creation). After each update, creators will earn higher income for each click on their works.

5. Cross-platform collaboration and global cooperation network

Story Protocol is not just a single platform, it encourages global developers to access the system through API interfaces, thus creating a cross-platform IP ecosystem. Through this collaborative network, creators can trade, authorize, and expand their IP worldwide, breaking traditional geographical limitations and promoting a global IP market.

What does this mean for creators?
1. Fair copyright protection: The works of the creators will be fully protected by blockchain technology, and all modifications, authorizations, and transaction records will be permanently stored on the blockchain to ensure that the copyright of the creators is not infringed.
2. More income opportunities: Through a dynamic income distribution mechanism, creators can obtain more returns from each update and creation.
3. Globalized creation market: Creators are no longer limited to a single platform or country, but can trade and authorize their IP globally, gaining more exposure and collaboration opportunities.

Investor's Opportunity: Seize the New Blue Ocean of Intellectual Property

For investors, Story Protocol is not only a technological innovation, but also represents a new opportunity in the intellectual property market. With the continuous development of digital assets and decentralized applications, blockchain-based intellectual property management will become an important field in the future. Investors can obtain tokens or other rights related to intellectual property by participating in the Story Protocol ecosystem, and enjoy the dividends brought by the IP economy.

Conclusion: How can blockchain lead the future of the IP industry?

What Story Protocol is doing is not just providing an IP management tool, but changing the game rules of the intellectual property industry. With more and more creators and investors focusing on this field, Story Protocol is expected to become the infrastructure for future intellectual property management, bringing more opportunities to creators and investors. The future IP market may transition from a centralized traditional model to a decentralized, global, fairer, and more transparent ecosystem.

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What do you think is the potential of blockchain in intellectual property management? Can Story Protocol truly change the landscape of the IP industry? Feel free to share your thoughts in the comments section, and let's discuss together!

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