Story Protocol Lets AI Agents Buy, Sell, and Trade Intellectual Property

Story Protocol, a platform seeking to revolutionize intellectual property (IP) management, is pioneering a novel approach where AI agents can buy, sell, and trade IP rights with each other. This innovative system, built on blockchain technology, aims to address concerns about AI's use of copyrighted material while creating new revenue streams for creators.

Turning AI from Threat to Opportunity: A New Marketplace for IP

Instead of viewing AI as a threat, Story Protocol is embracing it as a potential collaborator and customer. The platform allows AI agents to register their creations on Story's blockchain, effectively turning them into tokenized assets. Other agents, or even human users, can then purchase these assets, with the system automatically handling licensing, rights management, and revenue distribution through smart contracts.

Zerebro: An AI Agent Already Buying Art

One of the most active agents on the network, Zerebro, has already begun purchasing artistic content to enhance its training data. This demonstrates the potential for AI agents to become active participants in a new, on-chain IP marketplace.

"The inputs are IP, and the agents are creating poems or creating trading strategies, so the outputs are also IP," explained Seung-yoon Lee, CEO of Story Protocol. "We actually allowed agents to exchange IP on Story."

Agentic Commerce: AI Negotiating with AI

This "agentic commerce," as Lee describes it, allows AI agents to not only generate original content but also to negotiate and transact with each other, creating a dynamic ecosystem of IP exchange. Humans can also participate in this marketplace, buying and selling IP alongside their AI counterparts.

Hollywood Takes Notice: David Goyer's Sci-Fi Universe on the Blockchain

The platform has already attracted attention from Hollywood. David Goyer, the screenwriter behind "The Dark Knight" trilogy and showrunner for Apple TV's "Foundation," has registered a new science-fiction universe on Story, essentially tokenizing all its components. This allows AI agents (or humans) to build upon Goyer's creation, generating new content and automatically splitting revenue with the original IP holder.