Story Protocol Delays Token Unlock to August Amid Network Utility Focus

Story Protocol's co-founder has announced a postponement of the planned token unlock to August, aiming to enhance network utility. According to NS3.AI, despite a noticeable decline in on-chain revenue, the project's income primarily stems from off-chain licensing activities. The low gas fees are indicative of its emphasis on intellectual property rather than decentralized finance. Token holders are advised to monitor developments in AI partnerships and rights dataset acquisitions, as the expansion of token supply is currently on hold.