This partnership aims to integrate Futureverse's extensive technology and IP portfolio, including assets tied to Ready Player One through Readyverse, into Story's blockchain network.
Futureverse, a company specializing in AI and metaverse technology, has announced a partnership with Web3 firm PIP Labs, the primary contributor to Story, to develop an intellectual property (IP) framework utilizing blockchain technology.
The partnership will see Futureverse’s extensive technology and IP portfolio, including assets tied to Ready Player One through Readyverse, being integrated into Story’s blockchain network. Story is a Layer 1 blockchain designed to convert IP into programmable digital assets, offering creators and brands a decentralized solution for managing, licensing, and commercializing digital properties. The Root Network, a component of Futureverse’s ecosystem, will be leveraged to enhance interoperability, ensuring that digital assets retain value and accessibility across platforms.
Traditionally, intellectual property has been managed through centralized systems that restrict the flexibility of creators in controlling and monetizing their content. As digital media continues to grow, ensuring transparent and maintainable IP ownership across multiple platforms is becoming increasingly crucial. This collaboration aims to address these challenges by harnessing blockchain’s decentralized nature to provide a more open and creator-centric economic framework.
This partnership will see Futureverse and PIP Labs working together to integrate and monetize Futureverse’s extensive IP assets within Story’s blockchain ecosystem. Readyverse Studios, Futureverse’s dedicated IP licensing division, holds exclusive rights to major franchises, including Ready Player One/Two. The initiative will also explore the integration of Story-powered applications within Futureverse’s Readyverse platform, further enhancing cross-platform interoperability in metaverse experiences, gaming, and digital applications. Additionally, Futureverse’s Pass platform will be incorporated into the Story network to streamline user onboarding.
Futureverse’s leadership in AI-driven metaverse technology is evident in its recent Series A funding of $54 million, which saw contributions from Ripple and 10T Holdings. Ernest Cline, co-founder of Readyverse Studios and the acclaimed author behind the Ready Player One/Two series, brings a strong narrative foundation to the partnership, highlighting its focus on both technological and storytelling capabilities.
As part of the partnership, Futureverse and PIP Labs will collaborate to identify suitable IP assets for Story’s blockchain network, integrate Story-powered applications into the Readyverse Launcher, and establish ecosystem partnerships. This includes incorporating Story IP within Futureverse’s OP3N metaverse infrastructure and utilizing AI-generated characters from Sekai in Futureverse’s gaming environments.
Furthermore, Futureverse will leverage its advanced AI tools, such as Jen (a text-to-music generator), Altered State (a 3D generative AI tool), and the Universal Blueprint Framework (UBF), to enhance user-generated content across gaming and metaverse applications. These tools will be utilized to drive the adoption of tokenized IP and establish greater interoperability within the Web3 ecosystem.
This collaboration marks a significant step in redefining digital ownership, positioning Futureverse and Story as leaders in the Web3-driven transformation of intellectual property management. By integrating blockchain and AI technologies, the initiative aims to create a sustainable and transparent framework for IP monetization in the evolving digital landscape.
