Story & Solo Leveling Partner for IP-Backed Memecoins and Onchain Economics
Story, a blockchain network tailored for intellectual property, has partnered with global phenomenon 'Solo Leveling'. This collaboration will explore IP-backed memecoins and onchain IP economics, marking a significant step for both parties.
Story will tokenize select IP elements of 'Solo Leveling', enabling onchain programmability and fan-driven remixing. This move could drive substantial activity to Story's ecosystem, as 'Solo Leveling' boasts over 14 billion views worldwide and 175 million readers. It is the highest-grossing webtoon and Korean webnovel in history, and the most-watched anime on Crunchyroll.
The partnership aims to make Story the go-to infrastructure for the $80 trillion IP industry in the age of AI and crypto. 'Solo Leveling''s move to Story unlocks a playground for community-driven innovation around the franchise, secured by blockchain. An official 'Solo Leveling' IP-backed memecoin is planned, aligning the token's value with the franchise's success and benefiting both fans and creators. The mobile RPG 'Solo Leveling: ARISE', which attracted 50 million players and grossed $70 million in its first month, is a testament to the franchise's potential.
Story and 'Solo Leveling''s partnership is set to drive new user onboarding and developer activity, marking a significant moment for tokenized IP. While Story will tokenize select IP elements, it's important to note that there's no indication Story played a role in creating tokenized real-world assets or IP-based memecoins with 'Solo Leveling'. Both parties are expected to benefit from this innovative collaboration.
