Korean Wave AI Agent, will Story's new style of play successfully become popular?
@StoryProtocol, which was once heavily bet by a16z, has performed extremely well since TGE. FDV has hit $7 billion against the trend, and has been awarded the honor of "web3 Hollywood". But many people have never thought about what variables will this combination of Korean wave power and AI Agent bring to the Crypto ecosystem? Let’s talk about my personal observations:
1) Obviously, Story’s TGE is under pressure in a singular voice, but unexpectedly, after it was launched, it did not continue to stage a market trend of VC coins being infinitely close to zero, but instead became the “king of the market” of this round of VC coins for the first time, and therefore it is known as “web3 Hollywood.”
2) Pulling the market is just a superficial phenomenon. In my opinion, Story's outstanding performance after its selection against the trend and its launch is due to its finding the core narrative of "AI Agent". Because, Story was originally designed as a layer1 public chain designed specifically for intellectual property (IP), the goal is to move the management and transaction of intellectual property to the chain to promote the prosperity of web3 in vertical industries such as culture and art.
In order to carry forward the AI Agent narrative, at the end of 2024, Story specially launched an AI Agent trading framework (ATCP/IP), which enabled AI agents to independently exchange intellectual property assets, including AI Agent identity ID, art creation incentives and traceability verification network, AI independent investment decision-making legal personality and IP license framework, etc.
Simply put, relying on Story's framework and standards defined in IP, combined with the application and narrative attention of AI Agent, Story naturally inherited the faults that appeared in the narrative of NFT digital artworks. Use the new on-chain IP backend framework standard AI Agent front-end practical application to continue to realize your dream of renaissance on-chain.
Imagine that when AI Agent has a legal personality, it can be executed through off-chain legal encapsulation and on-chain contracts, achieving steps including "information request, clause formulation, negotiation, acceptance, information transmission, confirmation of receipts, etc. At the same time, AI Agent can freely price and trade its training fine-tuned data, algorithms and models. Artists can use AI Agent to create more efficiently and form a decentralized intellectual property market that can share profits with other AI Agents.
3) In fact, since the Story main network was launched, some new features have indeed emerged in the direction of AI Agent and IPFi:
1. @SoloAI_Agent, as the leading AI Agent project in the Story ecosystem, focuses on making AI The music works created by Agent can be converted into on-chain assets for free circulation within the ecosystem. Compared with the current situation where most AI agents in the Solana ecosystem are too MEME, Solo grasped the vertical direction of AI music creation as soon as it appeared, focusing on exploring the possibility of AI Agent practical implementation, which is similar to the exploration of AI multimodality in web2 projects such as HeyGen. Currently, the token $Sona has been launched, but it has not been overfomoed;
2. @verio_story is the IP trust engine of Story Protocol, with the goal of providing a financial and legal governance system for Story's newly proposed IP system. The dual-staking model was adopted and a set of verification and governance mechanisms were designed to help creators and investors ensure the authenticity and value of IP assets;
3. @PiperxProtocol / @0xStoryHunt, similar to the core axis of Radium and Jupiter in the Solana ecosystem, are both ecologically leading decentralized exchanges, allowing the operation of Yield systems on-chain such as MEME trading, DeFi liquidity mining, IPFI income, etc. If the Story ecosystem takes off in the future, the value of its core DEX niche will naturally appear accordingly;
4. @Aria_Protocol, a Story-based IP RWA protocol, focuses on tokenizing top IP resources, and ultimately enable musicians and artists to create IP-based on-chain assets, and tokenize songs, books, movies, art works, patents, brands, AI training data, AI Prompt, etc. to be circulated and traded.
Recently, Aria announced that it had acquired the famous song "Black Mamba" of the Korean girl group Aespa and part of the copyright of the single "The Truth Untold" co-starred by the world's top boy group BTS and Steve Aoki, and tokenized it. Other songs include works by top global artists such as BLACKPINK, Justin Bieber, Miley Cyrus, Dua Lipa, Katy Perry, BIGBANG, etc., which have truly contributed to the value of "Korean Wave is Coming" on Story;
In addition, since Story was launched, the ecosystem has expanded rapidly, including WTF and Mimboku. Projects classified into categories such as NFT, ipWorld, Spotlight, Unleash, Lewis, etc. There are undoubtedly some flaws, but fortunately, the siphon potential energy of its ecological has been initially revealed.
In fact, the Shill enthusiasm of the young people in South Korea for Story is also popular. Many people regard Story as an opportunity to change their destiny, and there is even an exaggerated saying that "if you don't have Story, you can't afford a house."
This is actually a game of community construction by Story. With the help of the mature Korean star fan economic system and the digital craze for all employees to speculate in coins, we try to deeply integrate project ecological construction and Korean wave culture, which not only brings incremental users from the source of energy, but may also give birth to an innovative web3 cultural product form. It is probably only a matter of time before completing the Listing puzzles of Upbit and other exchanges.
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