Layer 1 Story Protocol is anticipated to launch the Token Era Occasion (TGE) for its native token, $IP, on many of the outstanding centralized exchanges at 09:00 on February 13, 2025 (UTC). Homer – Story’s Mainnet is about to launch proper at TGE together with Airdrop checker to be introduced the identical day.
Why is Story Protocol a possible recreation changer within the period of AI? What’s the greatest prediction for the $IP token at TGE? Discover out extra beneath!
The well timed emergence of Story Protocol
Story Protocol (native token $IP), is a Layer 1 blockchain-based platform designed to revolutionize the administration, safety, and monetization of mental property (IP) within the digital age. It integrates options just like the Ethereum Digital Machine (EVM) compatibility and Cosmos SDK for scalability and efficiency particularly tailor-made for IP administration.
Story Protocol introduces the idea of “Programmable IP,” the place mental property may be tokenized on a blockchain, making IP administration extra clear, automated, and accessible. This entails turning IP into programmable property that may be registered, licensed, and managed by way of sensible contracts.
With the rise of AI, which each consumes and generates IP, Story Protocol gives a method for creators to guard their work in an AI-driven world, providing mechanisms to trace utilization and guarantee rightful compensation.
The Protocol goals to tokenize IP, permitting creators to outline how their work can be utilized, remixed, or monetized by way of on-chain guidelines (ex: Buying and selling IP in a worldwide marketplace for AI coaching and remixing). Furthermore, It facilitates a extra open ecosystem the place IP may be simply mixed, remixed, or constructed upon. Due to this fact, creators and writers, who’ve devoted a long time to training and data acquisition, are now not displaced by the growth of AI, contributing to the preservation of their mental property and heritage.
61 Trillion {dollars} is the sum of money AI is revolutionizing IP based on Story Protocol. The present IP system is ill-equipped for the AI-driven surge in innovation. Story’s peer-to-peer IP community unlocks the untapped potential of IP, enabling easy monetization of concepts.
Story Protocol Tokenomics
Token Allocation:
The Complete Provide of $IP is 1,000,000,000 IP.
38.4% Ecosystem + Neighborhood
10% Preliminary Incentives
10% Basis
21.6% Early Backers
20% Core Contributors
IP Launch Schedule
The neighborhood can declare preliminary incentives on the primary day of the general public mainnet launch. Early backers and core contributors have a 48-month lockup interval.
The neighborhood earns rewards similtaneously everybody else. Throughout the 42-day Singularity Interval after the genesis block on January 19, 2025, staking and delegation are open to everybody, however no rewards will probably be earned. This era permits customers to determine in the event that they need to stake.
IP Value Prediction
After the comparatively profitable Berachain Airdrop, the neighborhood may be very keen for one more Airdrop explosion from Story Protocol. Launched virtually a day after Berachain and in the midst of a considerably sophisticated market, many controversies have occurred, particularly:
Market Context and Comparisons
Hyperliquid: $HYPE launched with a TGE FDV of $14.1 billion and rapidly noticed that valuation climb to a formidable $42.1 billion in only a few days. Furthermore, as a non-VC mission, Hyperliquid’s preliminary hype stemmed primarily from the neighborhood.
Berachain: This mission simply launched in early February, and at its TGE, the mission’s FDV reached about $4-$5 billion. Regardless of receiving a whole lot of anticipation, particularly from the Bera NFT Holders group, this quantity appears to have fallen wanting expectations.
Story’s Potential
Story Protocol, a Layer 1 blockchain just like Berachain and launching across the identical time, is experiencing comparable market influences. The present market is sluggish, with no clear general development.
This has created a way of investor fatigue. In keeping with Coinmarketcap, the present market sentiment is “Concern,” indicating that retailers could also be inclined to liquidate their $IP airdrop allocations to reinvest of their portfolios. Conversely, during times of constructive market sentiment with substantial new capital inflows, buyers are inclined to retain tokens in anticipation of promoting at extra favorable costs.
Backed by outstanding funding funds like Consensys and Polychain Capital, and with a excessive likelihood of full CEX itemizing to make sure liquidity, $IP is prone to have a TGE with a totally diluted valuation just like $BERA, or maybe barely greater. As talked about in earlier $BERA analyses, itemizing with a excessive FDV goals to counter preliminary airdrop promote stress and profit VCs, a phenomenon noticed in quite a few tasks launched on top-tier exchanges.
Consequently, underneath ideally suited situations, $IP may doubtlessly checklist with an preliminary TGE value of round $7-$10 (similar to the FDV of Aptos and Mantra).
Hyperliquid (HYPE) reaching its present $25 billion FDV is exceptional. As a self-sufficient Layer 1, HYPE requires no VC funding or CEX itemizing charges/liquidity. Its income comes totally from consumer buying and selling quantity, which HYPE has efficiently pushed. Regardless of a 31% airdrop to customers, the token value has persistently risen from its TGE to its all-time excessive. In distinction, Story will solely launch Mainnet on February 13, when official income will probably be acknowledged.
Nonetheless, it needs to be famous that these are all speculations and shouldn’t be taken as funding recommendation.
Particulars of IP TGE Valuation Prediction:
Observe $IP value on Pre-market
If it is advisable commerce IP earlier than TGE, please discuss with the pre-market, listed below are some locations you may discuss with:
Whales Market
Coinbase Pre-market
Gate.io Pre-market
Kucoin Pre-market
MEXC Pre-market
*Notice: Pre-market worth doesn’t replicate the precise worth of the token on the time of TGE.