Story
The Story Foundation is a platform that supports AI agents by providing a blockchain infrastructure for tokenizing intellectual property and facilitating autonomous transactions between agents.
Traffic / month
2,400,000
Market Categories
Infrastructure
Use Case
Training & Inference
Business Function
Other
Industry
Business
Headquarters Location
Bellevue, WA, USA
Product Name
Story Protocol
Parent Company
Story
Founder
Seung Yoon “S.Y.” Lee
Web2vsWeb3
Web3
Access Model
SaaS
Pricing Model
Usage based
Target Users
Enterprises
Competitors
Mirror, Cent
Customer feedback
Strongly positive
Feature completness
With core functionality launched and attracting users (significant completeness), but some key extensions (agents, full ecosystem tools) still in early stages, ~80% is a reasonable estimate. The platform is largely usable for its intended purpose now, though there is room to grow to meet all enterprise needs and edge cases.
Product differentiation
Story uniquely blends an on-chain IP graph with legally valid Programmable IP Licenses (PILs) enforceable internationally, unlike generic NFT platforms. Its IP relationship graph enables "forkable" IP with automated provenance and royalty sharing. Story specifically targets AI-era IP challenges with its Agent TCP/IP concept. Its bespoke L1 (Cosmos/EVM) offers scalability, and its experienced team/backing provide a significant advantage. It's a comprehensive IP rights protocol enabling dynamic, decentralized licensing with legal guarantees, unlike traditional registries or basic NFT solutions.
Years in business
3.37
Funding type
Venture Capital (VC)
Funding stage
Series B
Funding amount
140
Employee count
100-200
Employee growth
NA
Tech stack modernity
Story employs a modern tech stack: a custom Cosmos SDK blockchain with Tendermint for instant finality and high throughput, coupled with EVM compatibility for smart contracts and developer tools. It leverages cutting-edge standards like ERC-6551 for IP NFTs, enabling autonomous license/royalty management. Deep AI integration includes collaboration with Stability AI for on-chain IP tracking in AI-generated content and an experimental framework for agentic AI licensing. The infrastructure is cloud-native with modern DevOps practices, utilizing standard web frameworks and proven open-source tools. This forward-looking architecture blends blockchain and AI advancements.
Product Roadmap
Autonomous Agents, Broader IP Ecosystem, and IP as a New Asset Class.
Enterprise readiness
Story is relatively young but built with enterprise requirements in mind (scalability, integration, compliance). It doesn’t yet have all the trappings of an enterprise software vendor (no formal SLA or dedicated support portal), but it compensates through decentralization (reliability through redundancy) and an active core team support. As larger organizations adopt it, we expect more enterprise programs to emerge. At present, the fundamentals (tech and legal) are enterprise-grade, while support structures are evolving.
Security & Compliance Readiness
Story prioritizes security with smart contract audits (SlowMist, CertiK), continuous monitoring, and a bug bounty. While traditional compliance like SOC2 isn't advertised for the decentralized network, they likely follow cloud security best practices for their API and portal. GDPR compliance is addressed by minimizing on-chain personal data and storing large content off-chain. Their key compliance focus is IP law, with on-chain licenses backed by Berne Convention-compliant legal contracts. Content moderation policies are expected for legal safety. Enterprises can review audit reports for security assurance.
API Type
REST API
API Quality
Production-Ready
Documentation Link
Documentation quality assessment
Story offers comprehensive and well-structured documentation at docs.story.foundation, catering to various users with an ELI5 intro, quickstart guides, and detailed developer references (SDK, API, smart contracts). It covers network operation (node setup, staking), FAQs, and conceptual explanations (IP handling, licensing). The logical organization and up-to-date information, including examples and links to external resources and support, indicate high completeness and polish, crucial for enterprise adoption and user understanding.
Support Methods
Story’s support is currently characterized by high-touch, community-centric assistance, with the founding team deeply involved. While there aren’t yet formal account managers for each client, the level of support is reportedly good (fast and knowledgeable). As enterprise adoption grows, we expect a more structured support model to evolve, but even now, resources like the Discord support channel and active team presence indicate that users and partners can get help when needed.
Critical capabilities
Story, a Cosmos SDK-based L1 with EVM compatibility, offers on-chain provenance and licensing via smart contracts for IP assets represented as graph nodes. Programmable IP Licenses automate royalty flows and control usage. Its open API and SDKs facilitate easy integration into applications and AI workflows. The dedicated chain ensures scalability and performance for complex IP data. The user-friendly IP Portal simplifies IP registration, licensing, and tracking for non-developers.
Top competitors
Mirror, Cent
Vendor information
Founder
Seung Yoon “S.Y.” Lee
Business function
Other
Traffic / month
2,400,000
Business function
Bellevue, WA, USA
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