Chris Dixon on Warpcast

Chris Dixon pfp

Today we’re announcing that @a16zcrypto is leading an $80M Series B financing of PIP Labs, developer of @storyprotocol. Story is a blockchain protocol that allows creators to register their IP so they can track and monitor use, protecting their legal and economic rights. The goal is to create foundational infra that can underpin a new economic covenant between creators and platforms. The team behind Story has deep tech and creative expertise. CEO/cofounder @s-y-lee has impressed us with big-picture vision and world-class tactical execution. Cofounder @jasonzhao studied CS at Stanford, dove deeper into AI at DeepMind, and now leads technical development on Story. For AI systems and creative people to happily co-exist, creators need a modern way to ensure they get compensated for their work. Story takes a proven approach — IP law — and updates it for the age of AI. We are excited to support the Story team on this important mission. https://a16zcrypto.com/posts/article/investing-in-story

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Chris Dixon pfp

None of the above should be taken as investment advice or an advertisement for investment services; please see https://a16z.com/disclosures/ for more information.

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Jason Zhao pfp

Excited and honored to work together to build the programmable IP rails for the internet!

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Cameron Armstrong pfp

Cameron Armstrong

Why does Story need a new, dedicated L1?

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Adam Blumberg pfp

My thoughts: https://x.com/Interaxis8/status/1826282241401426081

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Breck Yunits pfp

Have you read https://breckyunits.com/freedom.html?

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raulonastool.eth 🎩 🏰 pfp

raulonastool.eth 🎩 🏰

The move from "don't be evil" to "can't be evil" is nigh

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F A R H A N 🫧 𓏲‧₊˚ pfp

F A R H A N 🫧 𓏲‧₊˚

@cdixon.eth they raised total 140m right?

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Special Agent Royo pfp

Special Agent Royo

Always being bearish on new middleman even branded “protocols” for entertainment when IP creators need badly to remove them. This one is unlikely to replace existing one either. Creators don’t have a problem to track/sell IP derivatives and evenless registering them. They have a problem in enforcing their rights and talent Agencies/Unions are pretty good at that although I hate to admit it but web3 has thought me their take rate is not that unreasonable. The value to reclaim is distribution and IP-as-Protocol is the investable protocol for that. Unfortunately onchain IP has no legal framework in the US and even a low ball attempt like Stoner Cats showed that it was going to be hard. Yet there is another way to see your inspiring thesis @cdixon.eth come to life… IP-as-Protocol paired with proprietary AI IP models will be game changer in letting creators code the next generation ai distribution.

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0xZara.eth🎩 pfp

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law pfp

Love this, Chris This is absolutely great news fr :) Can’t help but wonder how story will come in play, in addressing the issue of AI generated content and how it rubs off on creator rights. Either way, looking to the absolute greatness toncome

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Pete Horne pfp

80m is a huge chunk of change for what seems like a private network for NFTs.

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SeeDAO pfp

Qustion🙋‍♀️: Can Story protocol can support creator give credit to others or URL? Protocolize the creation network and sharing mechanism. Like this: https://explorer.gitcoin.co/#/round/10/44/16

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enjoytech pfp

dont fuk with my IP

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Evelin pfp

Powerful insights here.

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Stormblessed pfp

Always thought this was a killer use case. Seems like a no brainer.

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Sebas pfp

Guys this is madness

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