Story Protocol price

At the beginning of August, I wrote a tweet about the strong upward trend of $IP, and today I want to continue discussing why I am optimistic about this project.~ In the world of digital assets, IP (intellectual property) is no longer just a concept on paper; it is transitioning from traditional models to a new blockchain era. This acceleration is thanks to the rise of the @StoryProtocol Story Foundation and its $IP token. A series of recent strategic moves marks the strong emergence of this asset class, especially against the backdrop of the intersection of traditional finance and digital assets, making the prospects for $IP increasingly clear. 1. Buyback actions and lock-up mechanisms: Creating long-term stability for the market This time, the Story Foundation will use the raised funds to fully buy back $IP tokens on the open market, aiming to remove a large number of tokens from circulation, effectively "destroying" them. This move will significantly reduce the circulating supply in the market, further enhancing the scarcity and long-term value of $IP. Each token reduction signifies a higher commitment to investors and the market—through this approach, $IP is not just a token; it has become a new type of asset worthy of long-term consideration. 2. Insights from BMNR and a16z's involvement: The giants have begun their layout If you have been following BMNR's asset reserves on Ethereum, you know that the market effects brought by this strategy are enormous. After the release of BMNR's Ethereum asset reserves, its value skyrocketed by 30 times, injecting continuous capital into the market. This time, a16z's participation has brought $IP a higher level of strategic recognition. As a major player entering the digital asset strategy of a publicly listed company in the U.S. stock market, @a16z's actions indicate that the future potential of $IP should not be underestimated. 3. Traditional finance embraces Web3: Cross-boundary capital cooperation Heritage Distilling (CASK), a Nasdaq-listed company in the U.S., has just announced the launch of a $360 million $IP reserve plan and completed a $220 million PIPE financing involving a16z. This is the first time traditional financial investors have participated in $IP and the programmable intellectual property economy through stock market investments. This not only represents a perfect integration of traditional finance and Web3 but also marks a significant event for intellectual property to emerge in the capital market. 4. Breakthrough in the Asian market: Liquidity and market coverage The Korean exchange Upbit recently listed $IP, providing a convenient trading channel for the Asian market. This move indicates that $IP will receive more liquidity support while also offering Asian investors a broader participation space. Global investors, regardless of their location, will find it easier to enter the $IP market and participate in the growth of this emerging asset class. 5. A new landscape for the creative economy: An open ecosystem for secondary creation In collaboration with @ipdotworld and @EvilLarryToken, $IP has begun exploring a new creative economy model—freely circulating tokenized IP, an open secondary creation platform, and revenue distribution secured by smart contracts. This provides global creators with an unprecedented opportunity, making IP not just a symbol of copyright but a new starting point for the creator economy. With the strategic deployment of $IP and the layout of the global market, intellectual property is ushering in a new round of technological and capital breakthroughs. From traditional finance to blockchain technology, from the creative economy to AI applications, the future of $IP is filled with infinite possibilities, much like this revolution. If you are looking for a potential investment opportunity, I believe $IP is undoubtedly a highlight worth paying attention to.

At the beginning of the month, $IP ate a wave It is reported that the Story Foundation will use all the $82 million obtained from this round of fundraising for open market repurchases, and the circulation will decrease, and the market value will remain unchanged. Let's have a wave of layout: Technical Break through the channel pressure, step back around 5.9 to make a second entry layout, 5.45 is still defense.

I've been really busy lately and neglected the secondary operations, but since I've posted about $IP a few times in my stories before, I've been keeping an eye on it. I just saw that PANews released news related to the story, so I immediately checked the K-line, and sure enough, there was a news-driven pin bar 🪡. However, from the daily chart perspective, $IP is like an old lady climbing stairs, very steady, which also proves that the project team is indeed making progress step by step. Some of the main points include: · Heritage Distilling (CASK), a NASDAQ-listed company in the U.S., announced the launch of a $360 million $IP token reserve plan. · Completed a $220 million PIPE financing, with investors including top institutions like a16z (which I mentioned last time). · Mainstream investors can now participate in $IP and the programmable IP economy through the traditional stock market for the first time. · The Story Foundation will repurchase $IP from the secondary market after the transaction is completed, providing market support. And so on, I won't elaborate on everything; for more details, check out the official Twitter below 👇.