Odaily Planet Daily News According to official news, the intellectual property (IP) blockchain platform Story has cooperated with OKX Ventures to launch an ecological fund with a total amount of up to 10 million US dollars, aiming to support start-ups that use IP assets and AI technology to solve practical problems. From bringing real-world IP to 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, thus opening up new economic channels and accelerating the development of AI.
Jeff Ren, partner of OKX Ventures, said: "Through the Ecosystem Fund, we are not going 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.
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