# Story Network's Onchain IP

*Author: Bankless*
*Published: Jul 9, 2024*
*Source: https://www.bankless.com/the-1st-ip-blockchain*

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[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/07/unnamed--13-.png)](https://www.bankless.com/sponsor/mantle-1706216729?ref=story-network-ip-blockchain&email=true)

  

   Story Network's Onchain IP
  

  
  Published on July 9, 2024

[
  
  View in Browser

](https://www.bankless.com/metaversal)
 

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[**Sponsor: Mantle**](https://www.bankless.com/sponsor/mantle-1706216729?ref=story-network-ip-blockchain&email=true) — Mass adoption of decentralized & token-governed technologies.

[Vist mantle.xyz to learn more](https://www.bankless.com/sponsor/mantle-1706216729?ref=story-network-ip-blockchain&email=true)

.  .  .

 
  
    
      
      CULTURE NEWS
    
    
  
  
    
  Warpcast's New Feature
  

  

 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/07/Group-15--36-.png)](https://www.bankless.com/dashboard)- 📱** Composer Actions**. Warpcast, the leading Farcaster app, introduced [a new feature](https://x.com/dwr/status/1810757912400384271) that allows building apps that can automatically generate a new Farcaster Frame, e.g. an NFT-gated poll. 
- ✨** The ENS rebrand**. The Ethereum Name Service just rolled out its [new brand identity](https://x.com/ensdomains/status/1810220057697694032), which was designed to provide a more intuitive experience for ENS users of all stripes. 
- 🤖** Yup's AI embrace**. Crypto social's premier cross-posting app Yup just rolled out [Yup AI](https://x.com/yup_io/status/1810736317573255405), a new feature that allows you to optimize your social media posts via AI editing.  

.  .  .

 
  
    

    ANALYSIS

  
  
    
   
Story Network: The IP Blockchain Explained
  
  
   
     
     Bankless Author: 
     
      [
       
       William M. Peaster](https://x.com/WPeaster)
     
    
 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/07/image---2024-07-09T112505.369-2.png)](https://www.bankless.com/story-network-ip-blockchain)**Intellectual property (IP) includes creations like artistic works, designs, images, inventions, names, and symbols.**

This encompasses a massive range of assets, from AI models to game assets.

Despite its enormous value, though, which is estimated in the *trillions *of dollars, IP often remains stuck in an outdated legal system that makes it difficult to license, monetize, and trade effectively.

That's where the new **Story Network** comes in, a new blockchain that aims to transform IP into liquid, programmable, and ownable digital assets.

*Since the chain is brand new and NFT-centric, let's dive into its design, how it works, and the potential applications it offers!* 👇

[Read the full analysis](https://www.bankless.com/story-network-ip-blockchain)
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*This article is brought to you by [MetaMask](https://www.bankless.com/sponsor/metamask-1776260643?ref=the-1st-ip-blockchain)*