he Story Protocol ecosystem is hitting its stride as a blockchain-based platform aimed at disrupting intellectual property (IP) management.
Recently, the platform raised a total of $80 million in Series B funding to advance its mission.
The Series B funding round was led by prominent VC, Andreessen Horowitz— demonstrating that there is both growing interest and investment in IP-focused blockchain.
Successful Series B Round for Story Protocol
The $80 million raise as Series B funding, announced on August 21, 2024, is a huge milestone for the Story Protocol project.
They will use the funding to further develop the platform's infrastructure and expand its ecosystem, with the stated purpose of providing creators and IP owners with a secured and transparent IP management system on the blockchain.
How to Join the Story Protocol Ecosystem
If you are interested in joining the platform's ecosystem, follow this step-by-step guide for instructions on how to join the platform.
1. Mint a Test ERC721 NFT: The first step in becoming a part of the Story Protocol ecosystem is by minting a test ERC721 NFT.
Navigate to the Story Protocol Dashboard at https://explorer.story.foundation/register, connect your wallet, and make sure you’re on the Sepolia network.
Click "Mint an NFT" and follow the prompts to create your particular NFT.
2. Retrieve Your IP ID: Once you've minted your NFT, you can now retrieve your IP ID.
You'll need to stay on the Story Protocol Dashboard, click "Read IP ID", and finally provide the NFT address "0x0f00a58A741aD6C9DFb549e8B0aad1e9bC48D9f1" and your NFT ID which can be calculated from your NFT mint transaction located on Etherscan.
Click the button "Get IP ID".
3. Join the Story Protocol Community: Now is the time to engage in the Story Protocol Discord server at http://discord.com/invite/storyprotocol - once you've verified your account - go ahead and head over to the #announcement channel and react to a post with the Uno Reverse Card to interact and claim your role.
Once you've joined the community, you can solidify your place in the Story Protocol community by remaining active. As a way to contribute you can create memes, artwork, or assistance new members in the #communitysupport channel. Engaging will help you earn your OG role.
You're now in a position to use all their platform's features, link with new enthusiastic people, and potentially unlock new opportunities within the Story Protocol ecosystem.