Story is revolutionizing the legal system surrounding creative Intellectual Property (IP) by transforming IP into a “programmable” asset on the blockchain. Through the creation of Story Network, a versatile layer 1 blockchain, individuals and programs can now easily license, remix, and monetize IP based on transparent terms established by the original creators.

The Story Protocol is centered around three key pillars: POC (Proof of Creativity), PIL (Programmable IP License), and Story Network L1. POC serves as a protocol enabling creators and IP owners to tokenize their work on the network, specify rules and royalties for usage, and acquire on-chain ownership certification.

Meanwhile, the PIL pillar introduces a universal contract that transforms any IP into code, ensuring compatibility between all IPs and fostering an ecosystem of diverse intellectual properties. Lastly, the Story Network L1 pillar functions as a foundational blockchain layer handling data processing and transactions.

By venturing into Web3, the project aims to tokenize and share Real World Assets (RWAs) categorized as IP, providing a means for owners to earn profits and share revenue. With $140 million secured through various seed funding rounds, the project has rolled out its testnet, named “Iliad.” Interested parties can visit the testnet page, connect their wallet, and engage with the platform to potentially qualify for future airdrops.

Below are the steps to participate in the Story Iliad testnet:

Please note:
You should always keep in mind that the various actions are usually not a guarantee for an airdrop or any reward.