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CoinW lists Story Protocol's IP token (IP/USDT), a Layer 1 blockchain solution for intellectual property management, on February 13th, 2025. Celebrate with a 10,000 USDT bounty program! Story Protocol leverages blockchain, AI, and advanced data structures to revolutionize IP management, offering secure on-chain registration, royalty distribution, and global IP protection. CoinW, a leading crypto exchange, offers users a secure and transparent trading experience.
Dubai, United Arab Emirates, 13th Feb 2025 - CoinW, the world's pioneering cryptocurrency trading platform, will list IP, a Layer 1 blockchain designed to manage and protect intellectual property (IP), on Layer 1 Zone. For all CoinW users, the IP/USDT has been officially available for trading on February 13th, 2025, at 9:00 (UTC). To celebrate the listing of IP, we are launching the “ IP Bounty Program" event with a reward pool of 10,000 USDT.
A New Era for Intellectual Property with Blockchain Technology
Story Protocol introduces an innovative solution for IP management by leveraging blockchain technology, AI integration, and advanced data structures. Built with the combined strengths of EVM compatibility and the Cosmos SDK, Story Network offers a scalable, cost-efficient environment for handling complex intellectual property graphs. The protocol introduces a groundbreaking concept: IP Assets (IPAs), which allow creators to register and manage their works on-chain while tracking usage and automating royalty distributions.
Furthermore, Story Protocol aligns with international IP protection standards, such as the Berne Convention, ensuring legal safeguards for content creators worldwide. Its innovative 'Proof of Creativity' mechanism guarantees that original works are easily distinguishable and fairly rewarded, fostering a more transparent and creator-friendly digital economy.
The Role of the IP Token in Story Protocol's Ecosystem
The IP token serves as the cornerstone of Story Protocol's ecosystem, with multiple utilities that ensure the network's functionality and governance:
- Network Security: Validators stake IP tokens to secure the network using a Proof-of-Stake consensus.
- Transaction Fees: All transactions within Story Protocol require IP tokens as gas fees.
- Governance Participation: Token holders gain the ability to vote on critical decisions that shape the protocol's future.
With a total supply of 10 billion tokens, Story Protocol has strategically allocated resources to ensure sustainable growth, dedicating 38.4% to ecosystem development and community engagement.
10,000 USDT Limited-Time Offer for CoinW Community
To celebrate the listing, 10,000 USDT equivalent IP prize pool has been up for grabs from February 13th, 2025, at 9:00 (UTC) to February 21st, 2024, at 16:00 (UTC). By participating in events such as registration, trading, and community events, CoinW users have the opportunity to share in a prize pool of 10,000 USDT. To claim your rewards, please click here.
About CoinW
CoinW is a pioneering crypto trading platform that prioritizes security, transparency, and user-centric principles. With advanced technology, deep liquidity, and a wide range of supported cryptocurrencies, the company has amassed a broad user base to become one of the world’s most secure crypto exchanges. Committed to security, transparency, and compliance, the CoinW exchange upholds the highest regulatory standards and actively contributes to the advancement of the crypto industry. To learn more about CoinW, you can visit the official website, and follow CoinW's Twitter Account, Btok, and Telegram Group.
About Story Protocol
Story Network is a purpose-built Layer 1 blockchain that implements the best features of EVM and Cosmos SDK. It is 100% EVM-compatible and has deep execution layer optimizations. It supports graphical data structures and is built to handle complex data structures such as IP quickly and cost-effectively. It does this by traversing complex data structures such as IP graphs in seconds at marginal cost using pre-compiled primitives, and by being based on a high-throughput consensus layer that ensures fast completion and cheap transactions.
Media Contact
Organization: CoinW
Contact Person: Angelo Tan
Website: https://www.coinw.com/
Email: Send Email
City: Dubai
Country:United Arab Emirates
Release id:23818
