Story Protocol

Story is making the legal system for creative Intellectual Property (IP) more efficient by turning IP "programmable" on the blockchain.

To do this, they have created Story Network: a general purpose layer 1 blockchain where people or programs alike can license, remix, and monetize IP according to transparent terms set by creators themselves.

The Story Protocol consists of 3 pillars: POC - Proof of Creativity, PIL - Programmable IP License, and Story Network L1

The POC - Proof of Creativity pillar is a protocol that allows creators and IP owners to tokenize their IP work on the network, set rules and royalties for others' use, and obtain on-chain ownership certification.

The Programmable IP License (PIL) pillar is a universal contract that translates any IP into code, making all IPs compatible, creating an ecosystem of IPs, while the Story Network L1 pillar is a layer-one blockchain that processes all information and transactions.

Ultimately, this project has entered Web3 to tokenize and share Real World Assets (RWAs) considered as IP, creating a way to generate profit and revenue sharing for their owners.

Story Protocol has raised $140 million in several seed funding rounds. The project’s testnet, dubbed “Iliad,” is now live. Visit the testnet page, connect your wallet, and complete the tasks to interact with the testnet.

Users who interact with the testnet might potentially become eligible for an airdrop if they plan to launch one in the future.

Step-by-Step Guide:
  1. Visit the Story Iliad testnet page.
  2. Connect your wallet.
  3. Complete all the mentioned testnet tasks.
  4. Visit the Story Foundation faucet to get some test tokens.
  5. Add Iliad Testnet to Wallet
  6. Claim the test tokens.
  7. Mint the Iliad launch IP asset.
  8. Users who interact with the testnet may receive an airdrop if their token goes live.
  9. Please note that there is no guarantee that they will do an airdrop or launch their own token. It’s only speculation.

You're interested in more projects that do not have any token yet and could potentially airdrop a governance token to early users in the future? Then check out our list of potential retroactive airdrops to not miss out on the next DeFi airdrop!

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Estimated Value

n/a

Tokens per Claim

n/a

Max. Participants

Unlimited

Overview