Abstract

Story Protocol(SP) : provides neutral global IP registry - register IP on chain as IP asset.

various modules can be implemented by the community

Aimed Workflow: IP registration, Permissionless IP licensing, royalty payment, Fund-raising

Used Engine: relationship engine, license terms processing engine, payment processor

Design Principle

Simplicity first - build basic/effective system → naturally evolve (Gall’s law: Successful complex systems often grow from simpler ones that works well)

We use popular standard blockchains like ERC-20, 721, 6551

Extensibility - to ready for the future advancement