Story Raises $80M to Revolutionize IP Management with Blockchain

Andreessen Horowitz leads funding to develop a platform protecting creators' rights in the AI era.

Story aims to create a blockchain-based system for tracking and distributing IP rights.
The platform allows creators to register, manage, and monetize their work using smart contracts.
Over 200 teams with more than 20 million IPs are preparing to launch on Story's blockchain.
The startup faces challenges from established IP holders and unsettled legal frameworks.
Story's founders draw inspiration from Creative Commons and the success of digital platforms like Spotify.