Story (STORY)

📰 Story Protocol Rebrands to Tackle AI Copyright

The a16z-backed crypto startup, formerly Story Protocol, has rebranded to focus on solving AI's global copyright challenges. The firm, which raised $140 million to secure internet rights, is now building an audit layer for data consent, licensing, and provenance aimed at tech firms, according to CoinDesk.

In May, the DAT (Demand Absorption Trend) inflow amount fell to its lowest level since October 2024.

This indicates that new capital flowing into the market has slowed sharply, suggesting that the recent weakness of Bitcoin may be due more to a lack of buyers rather than selling pressure.

In this situation, the recovery of demand is more crucial than the price itself.

Following SIP-00011 and the reduction of the active validator set from 80 to 21, we have unbonded our Story validator to ensure there is slashing risk for our delegators.

It has been a pleasure supporting the Story network during these early phases, and we’re grateful to everyone who delegated with us along the way.

Thank you to all our stakers for your trust and support.

We look forward to rejoining the Story ecosystem in the future, where possible.