Story Protocol · interactive mechanism simulation

Creators register IP Assets onchain with a Programmable IP License; derivative creators build on them and royalties should route back up the graph — but real rights-holders mostly stayed away, leaving the flywheel running on speculation alone.
Creators indie / crypto-native IP Asset registry 0 IP assets registered Programmable license royalty split: 10% Derivative / AI licensee 0 derivatives $IP speculative market $IP: $14.74 Rights-holders major IP: opted out
IP assets registered
0
Royalties distributed
$0
$IP price
$14.74
Rights-holder adoption
0%
Parameters — edit me
1.4/s
10%
8%
8/10
Controls

Illustrative simulation. Registrations and licensing flow through Story's IP graph in this model, but "rights-holder adoption" (the share of registrants who are real, valuable IP owners rather than speculators) is the switch that mattered — drag it low and the token price decays even as registration volume looks healthy, mirroring the ~98% drawdown that preceded Story's June 2026 rebrand to DATA Foundation. Not live onchain data. Part of The Onchain Experiment Atlas.