The Layer 1 story protocol is expected to launch a token generation event (TGE) on most famous centralized exchanges (UTC) on February 13, 2025 (UTC). Homer-Story’s mainnet will be launched on TGE along with Airdrop Checker and announced on the same day.
Why is Story Protocol a potential game changer in the AI era? What is the best prediction for TGE’s $IP token? Learn more below!
The timely appearance of the story agreement
Story Agreement (Local Token $IP), is a platform based on 1-layer blockchain, aiming to revolutionize the management, protection and monetization of intellectual property (IP) in the digital age. It integrates features like Ethereum Virtual Machine (EVM) compatibility and Cosmos SDK for scalability and performance tailored specifically for IP management.
The story protocol introduces the concept of “programmable IP”, which can use knowledge attributes on the blockchain, making IP management more transparent, automated and accessible. This involves turning IP into programmable assets that can be registered, licensed and managed through smart contracts.
With the rise of AI, which consumes both IP and generates IP, the story protocol provides creators with a way to protect their work in an AI-driven world, providing a mechanism to track usage and ensure correct compensation.
The protocol is designed to make IPs elicit IPs, allowing creators to define how to use, mix, or monetize through chain rules (e.g., trade IPs for AI training and mixing in global markets). Furthermore, it promotes a more open ecosystem where IP combinations, mixes or builds IPs easily. Therefore, creators and writers who have devoted their education and knowledge acquisition for decades are no longer displaced by the expansion of AI, thus helping to safeguard their knowledge assets and legacy.
$61 trillion is the amount of IP that has been completely changed under the story agreement. Existing IP systems lack AI-driven innovation. Story’s peer-to-peer IP network unlocks the unexplored IP potential, making money effortlessly.
Story protocol token learning
Token allocation:
The total supply of IP is 1,000,000,000 IP.
- 38.4% Ecosystem + Community
- 10% initial incentives
- 10% basic
- 21.6% of early supporters
- 20% of core contributors
IP release schedule
The community can claim initial incentives on the first day of public mainnet release. Early supporters and core contributors have a 48-month lockdown period.
The community is rewarded with everyone else. During the 42-day singular period after the Genesis neighborhood on January 19, 2025, points and delegations for all are open, but no rewards are paid. This period allows the user to decide whether to use it.
IP price forecast
After the relatively successful Berachain Airdrop, the community is eager to make another airdrop explosion from the story agreement. Berachain and a somewhat complex market, initiating almost a day, especially controversy, especially controversy:
Market environment and comparison
- Super fluid:$hype launched with $14.1 billion TGE FDV and quickly saw that valuation climb to an impressive $42.1 billion in just a few days. Additionally, as a non-VC project, Hyproliquid’s initial hype came primarily from the community.
- Belling: The project just started in early February, and on its TGE, the project’s FDV reached about $4 to $5 billion. Despite the lot of expectations received, especially from the Bera NFT holders group, this number seems to be expected.
The potential of the story
The story protocol is a layer 1 blockchain similar to Berachain and was launched at the same time, with similar market impacts. The current market is weak and there is no clear trend in the overall trend.
This creates a sense of investor fatigue. According to CoinMarketCap, current market sentiment is “fear”, which suggests that retailers may be inclined to liquidate their IP Airdrop allocations to reinvest their portfolios. Instead, during periods of positive market sentiment and large new capital inflows, investors tend to sell at a more favorable price, retaining the token.
Supported by well-known investment funds such as Consensys and Polychain Capital, and with high CEX listing possibilities to ensure liquidity, the TGE of $IP is likely to have a fully diluted valuation similar to $BERA, or possibly higher. As stated in the previous $bera analysisa list of VCSs designed to cope with initial Airdrop sales pressures and interests, is a phenomenon observed in many projects initiated by top exchanges.
So, under ideal conditions, the initial TGE price for $IP is about 7-$10 (compared with the FDV of Aptos and Mantra).
Super Liquidity (HYPE) achieves the current $25 billion FDV very well. As a self-sufficiency Tier 1, HYPE does not require VC funds or CEX listing fees/liquidity. Its revenue comes entirely from user transaction volume, and the hype is successfully driven. Although users provide 31% air conditioning to users, token prices have consistently risen from their TGE to their all-time highs. By contrast, the story will only release Mainnet on February 13, when official revenue will be confirmed.
However, it should be noted that these are speculations and should not be used as investment advice.
Details of IP TGE evaluation forecasts:
Track the IP price on the listing of $ip
If you need to trade IP before TGE, please refer to the pre-market. Here are some places you can refer to:
- Whale Market
- Common Market
- GATE.IO Pre-market
- Kuzi Mei City
- Former MEXC Market
*Note: The previous market value does not reflect the actual value of the token at TGE.