The brand-new native token of a layer-1 blockchain centered on mental property (IP) has skyrocketed by 164% in value in its first week of existence.
Story (IP) launched on February thirteenth on the itemizing value 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% up to now 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 software ecosystem.
The challenge announced on Monday that it was becoming a member of Stanford College’s Way forward for Digital Foreign money Initiative (FDCI).
“Our engineering crew can be helping Stanford FDCI on open analysis issues in blockchains. This analysis collaboration will speed up Story’s roadmap.
Analysis is a important piece of shaping the way forward for blockchain execution environments. Story will help Stanford FDCI within the following analysis areas:
– Excessive-throughput concurrent processing for real-world purposes
– Seamless integration with Story’s present multi-core structure
– {Hardware}-level good contract execution that maintains sturdy verification.”
Story additionally published 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 purpose to enhance efficiency and governance.
Do not Miss a Beat – Subscribe to get electronic mail alerts delivered on to your inbox
Examine Price Action
Comply with us on X, Facebook and Telegram
Surf The Daily Hodl Mix
 
Disclaimer: Opinions expressed at The Every day Hodl are usually 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 individual threat, and any losses chances are you’ll incur are your duty. The Every day Hodl doesn’t suggest the shopping for or promoting of any cryptocurrencies or digital property, neither is The Every day Hodl an funding advisor. Please observe that The Every day Hodl participates in affiliate internet marketing.
Generated Picture: Midjourney