Stanislav
@stasisworld
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Story Protocol, now valued at $2.25 billion, is tackling a crucial issue in the AI age: protecting creators' rights. Founded by Seung Yoon Lee, the startup has quickly gained traction, securing $80 million in a funding round led by Andreessen Horowitz.
Using blockchain technology, Story Protocol empowers creators to register their work, set usage rules, and ensure they’re paid when their content is used. This is increasingly important as AI systems pull data from the internet without permission.
Already in use, Story Protocol’s tech is featured in platforms like Magma, where fans create video game scenes without copyright worries. Creators can track their work and manage how it's shared.
With $140 million in total funding, the company plans to advance IP protection and support creators, ensuring that AI development doesn’t come at the cost of original content. 0 reply
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