51x terminal

Traffic / month

2,400,000

Market Categories

Infrastructure

Use Case

Training & Inference

Business Function

Other

Industry

Business

Headquarters Location

Bellevue, WA, USA

Product Name

Story Protocol

Parent Company

Story

Founder

Seung Yoon “S.Y.” Lee

Web2vsWeb3

Web3

Access Model

SaaS

Pricing Model

Usage based

Target Users

Enterprises

Token Name (Optional)

Competitors

Mirror, Cent

Feature completness

With core functionality launched and attracting users (significant completeness), but some key extensions (agents, full ecosystem tools) still in early stages, ~80% is a reasonable estimate. The platform is largely usable for its intended purpose now, though there is room to grow to meet all enterprise needs and edge cases.

Product differentiation

Infrastructure

Customer feedback

Training & Inference

Years in business

2,400,000

Funding type

Infrastructure

Funding stage

Training & Inference

Funding amount

Training & Inference

Employee count

Training & Inference

Employee growth

Training & Inference

Tech stack modernity

Story employs a modern tech stack: a custom Cosmos SDK blockchain with Tendermint for instant finality and high throughput, coupled with EVM compatibility for smart contracts and developer tools. It leverages cutting-edge standards like ERC-6551 for IP NFTs, enabling autonomous license/royalty management. Deep AI integration includes collaboration with Stability AI for on-chain IP tracking in AI-generated content and an experimental framework for agentic AI licensing. The infrastructure is cloud-native with modern DevOps practices, utilizing standard web frameworks and proven open-source tools. This forward-looking architecture blends blockchain and AI advancements.

Product Roadmap

Autonomous Agents, Broader IP Ecosystem, and IP as a New Asset Class.

Enterprise readiness

Story is relatively young but built with enterprise requirements in mind (scalability, integration, compliance). It doesn’t yet have all the trappings of an enterprise software vendor (no formal SLA or dedicated support portal), but it compensates through decentralization (reliability through redundancy) and an active core team support. As larger organizations adopt it, we expect more enterprise programs to emerge. At present, the fundamentals (tech and legal) are enterprise-grade, while support structures are evolving.

Security & Compliance Readiness

Story prioritizes security with smart contract audits (SlowMist, CertiK), continuous monitoring, and a bug bounty. While traditional compliance like SOC2 isn't advertised for the decentralized network, they likely follow cloud security best practices for their API and portal. GDPR compliance is addressed by minimizing on-chain personal data and storing large content off-chain. Their key compliance focus is IP law, with on-chain licenses backed by Berne Convention-compliant legal contracts. Content moderation policies are expected for legal safety. Enterprises can review audit reports for security assurance.

API Type

Autonomous Agents, Broader IP Ecosystem, and IP as a New Asset Class.

API Quality

Production-Ready

Documentation Link

Documentation link

Documentation quality assessment

Story offers comprehensive and well-structured documentation at docs.story.foundation, catering to various users with an ELI5 intro, quickstart guides, and detailed developer references (SDK, API, smart contracts). It covers network operation (node setup, staking), FAQs, and conceptual explanations (IP handling, licensing). The logical organization and up-to-date information, including examples and links to external resources and support, indicate high completeness and polish, crucial for enterprise adoption and user understanding.

Support Methods

Story’s support is currently characterized by high-touch, community-centric assistance, with the founding team deeply involved. While there aren’t yet formal account managers for each client, the level of support is reportedly good (fast and knowledgeable). As enterprise adoption grows, we expect a more structured support model to evolve, but even now, resources like the Discord support channel and active team presence indicate that users and partners can get help when needed.

Critical capabilities

Story, a Cosmos SDK-based L1 with EVM compatibility, offers on-chain provenance and licensing via smart contracts for IP assets represented as graph nodes. Programmable IP Licenses automate royalty flows and control usage. Its open API and SDKs facilitate easy integration into applications and AI workflows. The dedicated chain ensures scalability and performance for complex IP data. The user-friendly IP Portal simplifies IP registration, licensing, and tracking for non-developers.