STORY PROTOCOL TRANSFORMS CREATIVE IP MANAGEMENT.

Story Protocol, a new platform backed by $54 million in funding, has launched with the goal of addressing challenges in the media and entertainment industries. By utilizing blockchain technology, the platform aims to provide transparent provenance tracking and equitable attribution for intellectual property. Story Protocol offers a modular architecture that supports various applications, including crowdfunding, IP discovery, and AI content authentication. The diverse group of investors highlights the potential for this platform to revolutionize IP management for creators, audiences, and developers. [Extracted from the article]