Can Story Protocol Tokenize the $70 Trillion IP Market? | Jason Zhao

Bullish:

• $STORYPROTOCOL - Story Protocol aims to revolutionize the intellectual property market by reducing friction in IP transactions, potentially unlocking a multi-trillion dollar asset class for broader participation.

  • “The thesis is, yeah, you have a massive asset class, income is a lot of different things, but it's also extremely high friction. So it's essentially as if, you know, in order to make a swap on Uniswap, you had to pay 10,000 US dollars.”

    Jason·7:34

  • “So if you take that altogether, it's a multitrillion dollar asset class, and that's really exciting. But at the same time, what you realize about the asset class is that essentially none of us touch that.”

    Jason·7:34

  • “Essentially, all the value, even though, you know, people can pay in whatever currency they want, they can even actually use fiat. It gets converted into IP. So IP is a sort of bearer of that demand in those transactions.”

    Jason·51:35
• $CRYPTOAI - AI tools are expected to significantly improve IP management processes, streamlining operations and reducing manual review requirements in the intellectual property space.

  • “I do think this is an example where AI is actually going to do a lot of work for us. It's never gonna be able to make the final call, but it can probably filter out 99.9% of the edge cases that used to have to require manual review.”

    Jason·14:08
• $IP - Intellectual property rights are viewed as crucial for incentivizing creativity and innovation, with a focus on broader societal benefits rather than individual gains.

  • “But think about, like, how do you actually create property rights that give people incentives to create meaningful things? Like, ultimately, IP, in my opinion, intellectual property rights are not about the ultimate the the individual that creates them.”

    Jason·52:31