We’re thrilled to announce that IP, the native crypto of the Story Protocol ecosystem, is now available on Bitso!
This isn’t just any crypto—IP is the first digital asset designed to support the ownership, licensing, and monetization of intellectual property (IP) natively on-chain.
In a world where stories can become games, books can turn into movies, and memes grow into global brands, Story Protocol has built the infrastructure to ensure creators get credit—and get paid—at every step of the way.
What is Story Protocol?
Story Protocol is a blockchain-based framework that transforms creative works into programmable IP. Whether it’s a novel, song, artwork, or even a meme, creators can register it on-chain, define how it can be remixed, used, or monetized, and track its evolution across the internet.
In other words, it’s like turning your idea into a smart contract—letting others build on it while you stay in control.
How does it work?
Imagine you write a short story and publish it through Story Protocol. You set permissions: anyone can adapt it into a comic or a podcast, but they must give you credit and share revenue.
Then someone turns it into a game. That game spawns NFTs. Each new creation links back to your original work, and royalties flow automatically through the protocol.
All of this is powered by IP, Story’s native crypto used to:
- Register IP and mint licenses
- Pay protocol fees
- Stake and participate in governance
- Power creator incentives and rewards
Why IP matters
The internet made sharing easier—but it also broke attribution and fair compensation. Story Protocol solves that by embedding IP rights into code. With it, creators don’t just publish content, they launch ecosystems.
Backed by leading investors and developed by a team of Web3 builders and Web2 veterans, Story Protocol has launched its mainnet and is quickly becoming the “Git for IP”: an open infrastructure layer for global creativity.
How to get started with IP on Bitso
- Sign up on Bitso: Create your account through our app.
- Buy IP: Swap your USDC for IP using Bitso’s conversion feature.
- Explore Story Protocol: Get exposure to one of the most innovative narratives in Web3.
⚠️ IP is currently available only for conversions on the Bitso app. This means:
- External deposits and withdrawals are not enabled at the moment.
- IP will not be available for trading on Bitso Alpha.
- You can still send and receive IP via Bitso Transfer between Bitso users.
Why this is just the beginning
Web3 changed how we think about money—IP is changing the economics of creativity. From stories to songs to memes, every idea and every remix can now have traceable, programmable value. Whether you’re a creator, a fan, or just believe in the value of ideas, IP unlocks a new economic layer for creativity.
Disclaimer
IP is the native crypto of Story Protocol, a blockchain infrastructure for managing intellectual property rights on-chain. While the protocol introduces a novel and promising model for IP registration and monetization, IP remains a speculative digital asset subject to price volatility and market risks.
This article is for informational purposes only and does not constitute financial advice. Bitso encourages all users to do their own research (DYOR) before buying, selling, or using any cryptocurrency.
