Odaily News According to official news, Story, an intellectual property (IP) blockchain platform, has partnered with OKX Ventures to launch an ecological fund with a total of up to $10 million, aiming to support startups that use IP assets and AI technology to solve practical problems. From bringing real-world IP onto the chain to realize the financialization of IP value and enable creators to gain benefits, to providing attributable and traceable on-chain data for large-scale AI training, new economic channels will be opened up to accelerate the development of AI.
Jeff Ren, Partner at OKX Ventures, said: "Through the Ecosystem Fund, we are not looking to invest in thousands of projects, but to find the right projects. Story is building infrastructure for the IP-native Internet, and we are happy to be able to participate and support builders with long-term vision and innovation. Through this cooperation, we hope to once again demonstrate our willingness and determination to promote the development of the Story ecosystem."
It is reported that the fund will be jointly managed and evaluated by Story and OKX Ventures. Startups supported by the fund will receive corresponding capital support, marketing support, and team support from OKX and Story. Interested developers can submit projects for review.