RubzCommsᵍᵐ 🦎 🔀⚛️🉐
@rlacumba
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Comms Lead ZetachainPH 🟢 Degen, REKT LUNATIC Veteran #DDC #LUNA🌕#Kujirians🉐#Architect 🟠
Philippines
Joined March 2014
Back to Agentic Economy Narrative 🤖 As the fog of WAR on meme speculation settles, organic activity begins to resonate more clearly. Yet, beneath the surface, builder activity continues to thrive—largely unnoticed by the markets.
Getting harder to ignore @ai16zdao ELIZA GitHub activity It’s now beating Solana’s official repo. 526 contributors (+100 over few weeks) 4.3K forks (catching up to Solana’s 4.6) 14.1K stars Markets are not capturing the builder activity under the hood imo.
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Beyond Copyright: Story Protocol’s Vision for a Decentralized IP Economy The Struggle with Traditional IP Systems In the rapidly evolving digital landscape, the management and protection of intellectual property (IP) have become increasingly complex. Traditional IP management has been plagued by inefficiencies, legal complexities, and exploitation of creators. Centralized gatekeepers—publishers, record labels, and studios—often hold disproportionate power, leaving creators with little control over their works. Copyright and patent systems, initially designed to protect innovation, have become convoluted and outdated in the digital age. Licensing deals are often opaque, enforcement is costly, and royalty payments are riddled with delays. Worse, the advent of digital content has made piracy and unauthorized use rampant, further diluting creators' ability to profit from their work. The bureaucratic nature of securing and managing IP through legal institutions has created an expensive and time-consuming process, limiting access for independent artists and innovators. A New Paradigm for IP Management Enter Story Protocol, an open-source platform designed to revolutionize IP ownership and collaboration by leveraging blockchain technology. With a recent infusion of over $54 million in funding led by a16z crypto, Story Protocol is poised to redefine how creators and developers interact with IP in the internet era. Story Protocol offers a comprehensive framework that addresses the entire lifecycle of IP development. This includes provenance tracking, licensing, and revenue sharing, ensuring transparent attribution and fair compensation for creators across various media formats such as prose, images, gaming, and audio. By providing a streamlined system, the platform empowers writers and artists to monitor their work's provenance, allowing for contributions and remixes while capturing the value of their creations. Decentralized Ecosystem and Modular Architecture Recognizing the flaws of traditional IP systems, Story Protocol introduces a radical alternative: a decentralized IP network that ensures creators retain greater control over their works while benefiting from automated and transparent compensation structures. The platform's decentralized nature fosters a rich ecosystem of third-party developers offering services that span crowdfunding, capital formation, IP discovery, licensing modules, AI content authentication, and community growth. This open and modular architecture allows any application to integrate seamlessly with Story Protocol, eliminating platform risk for ecosystem builders and promoting collaborative IP development. Innovative Features: IP Assets, Accounts, and Programmable Licensing At the core of Story Protocol is the concept of IP Assets, which are intellectual properties represented as non-fungible tokens (NFTs) adhering to the ERC-721 token standard. These assets can encompass a wide range of creative works, from visual art and music to inventions and AI models. Each IP Asset is minted and registered as an NFT, providing a unique, verifiable identity that secures the IP against infringement and enhances its liquidity in digital markets. Each IP Asset is linked to an IP Account, based on a modified ERC-6551 contract. This account manages permissions, stores metadata, and ensures that the asset's usage and ownership rules are enforced according to programmable logic. The IP Account acts as the central hub for all actions related to the IP, including licensing, royalties, and transfers. A key feature of Story Protocol is the Programmable IP License (PIL), which allows creators to set customizable terms for licensing their IP Assets. The PIL operates as a universal license that ensures legal and enforceable protection of assets both on-chain and off-chain. This programmable contract autonomously enforces licensing terms, providing transparency and efficiency, and enabling easy and permissionless licensing of IP. Automated Royalty Payments and License Tags Handling royalties is one of the most complex aspects of IP management, often leading to disputes and inefficiencies. Story Protocol addresses this by automating the royalty distribution process. Through the use of a derivative chain, every transaction or use of an IP asset is automatically recorded, and royalties are distributed according to predefined policies. This ensures that creators are compensated fairly and transparently for every use, derivative, or adaptation of their work. Creators can add tags to their IP licenses to further categorize and define the usage of the IP asset. These tags include options such as territory, channels of distribution, expiration, derivatives, derivative limitations, content standards, irrevocable tags, attribution, and commercial use. This granular level of control allows creators to specify how their IP can be utilized, ensuring that their work is used in ways that align with their intentions and values. The End of Platform Risk: An Open and Modular Ecosystem A major drawback of traditional IP management is platform dependency, where creators are at the mercy of centralized marketplaces, publishers, or record labels. Story Protocol's decentralized infrastructure eliminates this risk by allowing developers to build third-party applications that integrate directly into the ecosystem. This open architecture supports services such as crowdfunding, capital formation, IP discovery, and AI-powered content authentication, creating a more vibrant and competitive marketplace. Leadership and Vision The leadership team at Story Protocol comprises seasoned professionals with diverse backgrounds in entertainment, web3, and artificial intelligence. Co-founder Seung Yoon (S.Y.) Lee previously founded the mobile serial fiction platform Radish; co-founder Jason Levy led content at Episode, a breakthrough storytelling ecosystem; and co-founder @jasonjzhao served as a product lead at Google’s DeepMind, translating cutting-edge AI research into customer-facing applications. In addition to the fundraising, Story Protocol welcomes David Goyer as an advisor. Goyer is a filmmaker and novelist best known as the screenwriter for the “Blade” trilogy and “The Dark Knight” trilogy and as the showrunner for the television series “Foundation,” among others. He also has a proven track record of exploring new storytelling mediums such as gaming via Call of Duty and VR with Vader Immortal: A Star Wars VR Series. His involvement signifies a new era for the entertainment industry, emphasizing a novel ownership model for creators and fans alike. Shaping the Future of Creative Industries The significance of Story Protocol extends beyond technological innovation—it represents a cultural shift in how IP is valued, shared, and monetized. For centuries, centralized entities have controlled creative industries, dictating the terms under which artists and innovators could profit from their work. Story Protocol dismantles these barriers, fostering a collaborative ownership model where creators, developers, and fans can participate in an open and equitable creative economy. By bridging the gap between blockchain technology and intellectual property rights, Story Protocol provides a future-proof solution to the challenges faced by modern creators. In a world where digital content is abundant and easily shared, the platform ensures that IP ownership remains both transparent and enforceable, ushering in a new era of permissionless creativity and equitable value distribution. As the digital economy continues to evolve, Story Protocol stands at the forefront of this transformation, offering a groundbreaking alternative to the archaic systems of the past. In doing so, it not only empowers creators but also redefines the very foundation of intellectual property in the digital age. Looking forward to seeing how everything works in production for @StoryProtocol. @BenjaminOnIp @ShadowBenjamin
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Blockspace can still be considered a commodity, but it exists within a differentiated market where factors like network effects, state, and composability drive variance in value. Just as electricity costs differ by location and oil grades have different prices, blockspace is not uniform—but it remains a fundamental, tradable resource in blockchain ecosystems.
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RT @mahojinAI: On Mahojin, you can generate a precise image you want in under 5 seconds! Try it now at, ⚡ https://t…
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