Author: Haotian

@StoryProtocol, which was once heavily bet by a16z, has also performed extremely well since TGE. It has hit $7 billion against the trend, and was even given the honor of "web3 Hollywood". But many people have never thought about what variables will this combination of Korean wave power and AI Agent bring to the Crypto ecosystem? Let’s talk about my personal observations:

1) It is obvious that Story’s TGE is under pressure in a singular voice, but unexpectedly, after it was launched, it did not continue to stage a market trend of VC coins with infinitely close to zero, but instead became the "king of the market" of this round of VC coins for the first time, so it is known as "web3 Hollywood".

2) Pulling the market is just a superficial phenomenon. In my opinion, Story's choice to counter the trend and outstanding performance after it went online is due to its finding the core narrative of "AI Agent". Because Story was originally a layer1 public chain designed specifically for intellectual property (IP), the goal is to move the management and transaction of intellectual property to the chain to promote the prosperity of web3 in vertical industries such as culture and art.

In order to carry forward the AI ​​Agent narrative, at the end of 2024, Story specially launched an AI Agent trading framework (ATCP/IP), which enabled AI agents to independently exchange intellectual property assets, including AI Agent identity ID, art creation incentives and traceability verification network, AI independent investment decision-making legal personality and IP license framework, etc.

Simply put, relying on Story's framework and standards defined in IP, combined with the application and narrative attention of AI Agent, Story naturally inherited the faults that appeared in NFT digital art narrative. Use the brand new on-chain IP back-end framework standard + AI Agent front-end practical application to continue to realize your on-chain Renaissance dream.

Imagine that when an AI Agent has a legal personality, it can be executed through off-chain legal encapsulation and on-chain contracts, it can achieve steps including "information request, clause formulation, negotiation, acceptance, information transmission, confirmation of receipt". At the same time, AIAgents can freely price and trade their training fine-tuned data, algorithms and models. Artists can use AI Agent to create more efficiently and form a decentralized intellectual property market that can share the benefits with other AI Agents.

3) In fact, since the Story main network was launched, some new features have indeed emerged in the direction of AI Agent and IPFi:

1. @SoloAI_Agent, as the leading AI Agent project of the Story ecosystem, focuses on allowing the musical works created by AI Agent to be converted into on-chain assets for free circulation within the ecosystem. Compared with the current situation where most AI agents in the Solana ecosystem are too MEME-oriented, Solo grasped the vertical direction of AI music creation as soon as it appeared, focusing on exploring the possibility of AI Agent practical implementation, which is similar to the exploration of AI multimodality by web2 projects such as HeyGen. Currently, the token $Sona has been launched, but it has not been overfomo;

2. @verio_story is Story Protocol's IP trust engine, with the goal of providing a financial and legal governance system for Story's newly proposed IP system. The dual-staking model was adopted and a set of verification and governance mechanisms were designed to help creators and investors ensure the authenticity and value of IP assets; 3. @PiperxProtocol / @0xStoryHunt, similar to the core axis of Radium and Jupiter in the Solana ecosystem, are both ecologically leading decentralized exchanges, allowing the operation of Yield systems on-chain such as MEME trading, DeFi liquidity mining, IPFI income, etc. If the Story ecosystem takes off in the future, the value of its core DEX niche will naturally appear accordingly; 4. @Aria_Protocol, a Story-based IP RWA protocol, focuses on tokenizing top IP resources, and ultimately enable musicians and artists to create IP-based on-chain assets, and tokenize songs, books, movies, art works, patents, brands, AI training data, AI Prompt, etc. to be circulated and traded.

Recently, Aria announced that it had acquired the debut song "Black Mamba" of the Korean girl group Aespa and part of the copyright of the single "The Truth Untold" co-starred by the world's top boy group BTS and Steve Aoki, and tokenized it. Other songs include works by BLACKPINK, Justin Bieber, Miley Cyrus, Dua Lipa, Katy Perry, BIGBANG and other top artists. The value of "Korean Wave" on Story has been settled;

In addition, since Story's ecosystem has expanded rapidly, including Projects such as WTF, Mimboku NFT, ipWorld, Spotlight, Unleash, and Lewis are classified. There are no doubt that there will be some flaws, but fortunately, the siphon potential energy of its ecological has been initially revealed.

In fact, the Shill enthusiasm of the Korean young people community for Story is also popular. Many people regard Story as an opportunity to change their destiny, and even there is an exaggerated saying that "no Story can't afford a house without Story."

This is actually Story In a game of community construction, with the help of the mature celebrity fan economic system of South Korea and the digital craze for all employees to speculate in coins, we try to deeply integrate project ecological construction and Korean wave culture, which not only brings incremental users, but may also give birth to innovative web3 cultural product forms. It is probably only a matter of time to complete the Listing puzzles of Upbit and other exchanges at that time.

Above the beginning, why is it said that "Korean wave is here + AI Agent" combination will be a new variable under the trend of AI Agent? In fact, the crux of the problem is whether AI Agent can be implemented in application.

At present, from the perspective of Story's ecological distribution projects and development potential, the trend of bringing new "Utility" to practical implementation for AI Agent, especially the performance of SoloAI, Aria and other projects can be seen, but in the end, whether Story can challenge the Solana ecosystem in the direction of AI Agent, and it still needs to give more time to ferment.