Story is a specialized Layer-1 blockchain transforming intellectual property (IP) into a programmable asset class critical for artificial intelligence (AI).IP has emerged as the largest intangible asset class in the world, ranging from code and data to scientific research, and AI models depend on it for both training and inference.By bringing IP on-chain, Story streamlines licensing, automates royalties, and ensures verifiable ownership at scale.This research unlock is commissioned by Story FoundationThe full PDF versions of this report are accessible in English, Chinese, and Korean.