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Podcast: Web3 Galaxy Brain 🌌ðŸ§
Episode: Onchain Intellectual Property with Story Protocol Co-Founder Jason Zhao
Description: My guest today is Jason Zhao, co-founder of Story Protocol.
Story Protocol has raised $140 million venture dollars to build an onchain protocol for intellectual property licensing.
In this episode, Jason explains what's wrong with IP licensing today, and how putting licenses onchain will enable more people to create derivative works without tedious and often infeasible paperwork, and flow revenue royalties up to licensors onchain.
We also dive into the technical details, and Jason explains how Story uses NFTs to represent individual IP assets, and that these NFTs will control ERC-6551 token bound accounts...