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PIP Labs, the developer of the IP blockchain platform Story, has announced the integration of its self-improving AI network, Allora Network, into the Story ecosystem. This marks a significant milestone in harnessing AI for decentralized content creation and management.
Story is a blockchain platform designed to tokenize intellectual property (IP) in the AI era, enabling secure sharing and monetization of knowledge. By leveraging this platform, both humans and AI agents can automate revenue generation. Allora, an AI network based on machine learning (ML) models, boasts features like crowdsourcing, reinforcement learning, and self-improvement. With this collaboration, developers and creators can now build decentralized applications (dApps), AI agent infrastructure, and manage IP more efficiently within the Story platform.
Enhancing Intelligent IP Management
The integration of Allora empowers the Story platform to manage IP with advanced intelligence. Allora's AI models analyze industry trends and user engagement to assess the market value of creative works. Based on these insights, creators on the Story platform can make informed decisions about licensing, collaboration, and distribution. Additionally, Allora provides real-time pricing data for illiquid digital assets such as non-fungible tokens (NFTs), real-world assets (RWAs), carbon credits (CCTs), and real estate tokens, improving transparency and efficiency in IP transactions.
Advanced AI Features for Personalized Experiences
Allora's AI-powered analytics are also expected to elevate user experiences. Developers can use data-driven insights to personalize content recommendations and enhance user engagement within applications. The AI network offers predictive analytics covering pricing, volatility, liquidity, and interest rates, aiding in the design of sophisticated revenue strategies. With robust risk management models, Allora also enhances the overall security of the Story platform. These innovations allow creators and developers to earn fair rewards based on the contribution of their applications and content to the Story ecosystem.
A Game-Changing Collaboration in Web3 and AI
Jason Zhao, co-founder of PIP Labs, stated, "This partnership represents a groundbreaking turning point in maximizing the synergy between AI and IP in the Web3 environment. By combining Allora’s decentralized network with self-learning capabilities and the Story platform, we aim to drive innovation in the fields of creation and development."
About PIP Labs
Based in San Francisco, PIP Labs is the core developer of Story. The company was co-founded by Jason Zhao, a former Google DeepMind team member, at the age of 22. PIP Labs has raised $140 million in funding, with leading venture capital firm Andreessen Horowitz (a16z) spearheading three consecutive investment rounds, a rare feat reminiscent of Coinbase. The company’s valuation currently stands at $2.25 billion.
This partnership underscores the transformative potential of blending AI and blockchain, paving the way for more efficient and intelligent IP management and monetization.
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