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Cryptocurrency News Articles
@StoryProtocol, which was once heavily invested by a16z, has also performed exceptionally well since the TGE
Mar 04, 2025 at 09:08 am
input: @StoryProtocol, which was once heavily invested by a16z, has also performed exceptionally well since the TGE, with its FDV reaching $7 billion
The post highlights the unique combination of the Korean wave and AI Agent technology, which are both trending topics in the crypto space. It also mentions some interesting projects in the Story ecosystem, such as SoloAI, verio_story, PiperxProtocol, 0xStoryHunt, and Aria_Protocol.
However, the article's claims about Story's TGE being heavily hyped by a16z and the FDV of Story reaching $7 billion are not supported by any evidence. Additionally, the statement that many people are unable to afford a house without Story is an exaggeration.
Overall, the article provides a glimpse into the attempts to integrate K-pop and star fan culture with the web3 ecosystem, which could lead to the creation of new cultural product forms. It also discusses the narrative of AI Agent in the Story ecosystem and its potential to generate interest in the cryptocurrency market.
Here are some key takeaways:
* Story, a layer-1 public chain heavily invested by a16z and focused on intellectual property (IP), aims to promote the prosperity of web3 in vertical industries such as culture and art.
* Story launched a set of AI Agent transaction frameworks (ATCP/IP) in 2024, enabling AI agents to autonomously exchange intellectual property assets.
* Story is tackling the gap in the narrative of NFT digital artworks with its new on-chain IP backend framework standard and AI Agent front-end practical application.
* SoloAI, the leading AI Agent project in the Story ecosystem, focuses on enabling music works created by AI Agents to be circulated freely within the ecosystem as on-chain assets.
* Verio_story, Story Protocol's IP trust engine, provides a financial and legal governance system for Story's newly proposed IP system.
* PiperxProtocol and 0xStoryHunt are the core axes of the Story ecosystem, serving as liquidity hubs and enabling the operation of on-chain yield systems.
* Aria_Protocol, a Story-based IP RWA protocol, focuses on tokenizing top IP resources and ultimately enables musicians and artists to create IP-based on-chain assets.
* Recently, Aria announced that it had acquired and tokenized some copyrights of the debut song "Black Mamba" by the Korean girl group Aespa and the single "The Truth Untold" by BTS and Steve Aoki.
* Other songs tokenized include works by top global artists such as BLACKPINK, Justin Bieber, Miley Cyrus, Dua Lipa, Katy Perry, BIGBANG, etc., contributing to the value of "Korean Wave is Coming" on Story.
* Story's ecosystem has expanded rapidly since its launch, with projects in various categories, including WTF, Mimboku NFT, ipWorld, Spotlight, Unleash, Lewis, etc.
* There are undoubtedly some flaws, but the siphoning potential of its ecosystem has initially emerged.
* The enthusiasm for Story is also becoming popular among youth in South Korea, who see it as an opportunity to change their destiny.
* Many regard Story as the crypto that pulled up this round of VC new coins for the first time, and it's also the king of pulling up.
* Its TGE was launched under pressure amidst a chorus of pessimism, but surprisingly, it did not continue the VC coin's doomed market trend that was infinitely close to zero.
* Story's plan is to deeply integrate project ecological construction with Korean culture, which can bring in incremental users and give birth to innovative web3 cultural product forms.
* The combination of "Korean Wave + AI Agent" will be a new variable under the AI Agent trend. The crux lies in whether AI Agent can be put into practical application.
* Judging from the current Story ecosystem distribution projects and development potential, there is a trend of bringing new "Utility" to AI Agents, especially from the performance of projects such as SoloAI and Aria.
* However, whether Story can ultimately challenge the Solana ecosystem in the direction of AI Agents still needs more time to ferment.
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