The brand-new native token of a layer-1 blockchain targeted on mental property (IP) has skyrocketed by 164% in worth in its first week of existence.
Story (IP) launched on February thirteenth on the itemizing worth of $2.26 and is now buying and selling at $5.98 at time of writing.
It’s already the 71st-largest crypto asset by market cap and has surged by almost 120% previously 24 hours alone.
Story is a scalable mental property resolution that goals to function a blockchain the place rights holders can add IP, set the phrases of use and monetize it all through the protocol’s utility ecosystem.
The mission introduced on Monday that it was becoming a member of Stanford College’s Way forward for Digital Forex Initiative (FDCI).
“Our engineering group might be aiding Stanford FDCI on open analysis issues in blockchains. This analysis collaboration will speed up Story’s roadmap.
Analysis is a vital piece of shaping the way forward for blockchain execution environments. Story will assist Stanford FDCI within the following analysis areas:
– Excessive-throughput concurrent processing for real-world functions– Seamless integration with Story’s present multi-core structure– {Hardware}-level sensible contract execution that maintains sturdy verification.”
Story additionally printed its technical roadmap on Thursday on the social media platform X. The roadmap features a “complete” community improve within the third quarter of the yr that may goal to enhance efficiency and governance.
Do not Miss a Beat – Subscribe to get e mail alerts delivered on to your inbox
Test Worth Motion
Observe us on X, Fb and Telegram
Surf The Day by day Hodl Combine
 
Disclaimer: Opinions expressed at The Day by day Hodl should not funding recommendation. Traders ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital property. Please be suggested that your transfers and trades are at your personal threat, and any losses it’s possible you’ll incur are your duty. The Day by day Hodl doesn’t suggest the shopping for or promoting of any cryptocurrencies or digital property, neither is The Day by day Hodl an funding advisor. Please observe that The Day by day Hodl participates in internet online affiliate marketing.
Generated Picture: Midjourney
