Story partners with Barunson and Nproject, producers of "Parasite," to promote the blockchainization of Korean film and television IP.

Story, a blockchain platform for AI-native infrastructure and programmable IP, announced a strategic partnership with Barunson, a renowned Korean film production company, and Nproject, a creative platform. Through this partnership, Story will integrate Barunson's core IP assets. Fans and creators will be able to create secondary works on the Nproject platform and share revenue with the original IP holders, jointly building a transparent and sustainable "on-chain economy." Barunson is the producer of the Oscar-winning film "Parasite" and has led the establishment of a 340 billion won Korean Content Investment Fund. Its representative works also include "Parasite," "Insider," "The Closer," "The Good, the Bad, the Weird," and "Spider's Web." Based on the MOU, the three parties plan to further refine their blockchain-based IP revenue model, accelerate the commercialization and ecosystem development of on-chain IP, and jointly promote the transformation of Korean content assets from simple consumer products to participatory and scalable assets.