Story (IP) is a decentralized intellectual property (IP) blockchain network that seeks to transform IP into a programmable asset class. It leverages blockchain technology to create a transparent and efficient system for exchanging, licensing, and monetizing intellectual property. The platform is powered by its native token, IP.

Story was co-founded by Seung Yoon Lee and Jason Zhao, who have a solid background in blockchain, AI, and digital media.

• IP token: The token holds several utilities within the Story blockchain, such as paying for transaction fees (gas) on the Story blockchain, governance, and staking.

• EVM Compatibility: The Story platform supports existing dApps and developer tools.

• Decentralized IP ownership: The platform allows creators to securely register, verify, and manage their intellectual property (IP) on-chain. The platform protects artists’ and creators’ IPs and prevents unauthorized use.

• Interoperability: Story platform functions across multiple blockchains, enhancing accessibility and interoperability.

IP is a new crypto launched in February 2025. The token powers Story Protocol, a platform that revolutionizes intellectual property (IP) management. The IP token serves multiple functions in the Story ecosystem, such as being used for paying transaction fees and governance. Despite its nascent origin, it is listed on crypto platforms like CoinSwitch, testifying to the token’s demand in the broader crypto space. Story is backed by major VC firms such as Andreessen Horowitz, Hashed, dao5, and Polychain Capital. As of 18 February 2025, IP ranks #122 in the overall crypto ranking, with a market cap of $487.27M, showcasing significant growth potential.

You can buy IP from crypto platforms like CoinSwitch.

• IP can be traded on crypto platforms like CoinSwitch to leverage price fluctuations. 

• It can be used to pay transaction fees on the Story blockchain.

• Token holders can participate in the governance of the Story ecosystem.

• IP tokens can be staked for network security and validation and also to earn passive rewards.

• The IP token has multiple real-world utilities, such as governance, transaction fees, and ecosystem incentives.

• Story platform is backed by notable VCs and it has partnered with major players in the blockchain.

• The platform promotes decentralized ownership and monetization of intellectual property (IP).

• Like other cryptos, IP is subject to market volatility.

• The concept of IP ownership and integration into the blockchain might be too complex for some users to understand.

• It faces competition from other blockchain projects and Web3 protocols.

• Start investing in IP with just ₹100.

• CoinSwitch offers a seamless trading experience for users.

• Easily manage your transactions and portfolios on the CoinSwitch app.