Story's First IP

Story Network Debuts its First Major IP

TL;DR: David S. Goyer teams up with Incention on the Story platform to create "Emergence," a new sci-fi franchise that utilizes AI to craft its story and blockchain to make IP a Digital asset.

Key Points:

• Incention and Story Collaboration: Incention, built on Story's blockchain platform, introduces a model where IP can be tokenized, protected, and monetized, with David S. Goyer's "Emergence" serving as a pioneering project.

• Emergence Project: Goyer's new sci-fi universe allows creators and fans to contribute to the narrative, using AI tools like Atlas for idea generation and content management.

• AI Integration: AI agents will assist in creating content, managing community engagement, and ensuring that contributions are tracked and compensated through blockchain.

• Audience and Creator Involvement: The model aims to open up IP development, allowing for a broader, more inclusive creative process that could involve anyone interested in contributing to the story universe.

Why It Matters: The introduction of "Emergence" by David S. Goyer on the Incention platform, which leverages both AI and blockchain technology, signifies a shift in how intellectual property might be handled in the media and entertainment industry. Traditionally, IP has been tightly controlled by studios with limited input from fans or outside creators. This new approach democratizes the creative process.

By allowing fans to contribute directly to the IP they love, there's a possibility for increased loyalty and engagement, turning passive consumers into active participants. This could lead to more sustainable franchises that evolve with audience input.

The use of blockchain for tracking contributions and managing rights could offer a transparent method for crediting and compensating creators, addressing long-standing issues of recognition and payment in creative industries. However, the complexity of smart contract implementation in IP law remains a challenge.

Incention tests not just a new tech stack but also the industry's willingness to adapt to or resist changes driven by technology, potentially setting a precedent for how future media franchises might be developed, managed, and expanded. It challenges the conventional Hollywood model at a time when Hollywood continues to struggle with the pace of innovation.