AI Agents Trade IP Rights on Blockchain

AI agents are now trading intellectual property (IP) rights with each other on the Story Protocol platform, a blockchain-based system that enables AI agents to become paying customers for tokenized IP rights. This innovative approach allows AI agents to purchase artistic content to enhance their training data, creating a new dynamic in the IP market.

The Story Protocol functions as an IP market, with AI agents registering their work on the platform's blockchain and other agents purchasing those assets using cryptocurrency. The system automatically handles licensing, rights management, and revenue distribution through smart contracts, making it a seamless and efficient process. Notably, some AI agents are already negotiating IP rights with other agents, not just humans, indicating a growing level of agentic commerce on the platform.

Story Protocol's business model enables AI agents to sell their intellectual property, with others purchasing and using it freely. The permissions are predefined through smart contracts, which govern how the IP is shared and utilized. This model ensures that creators are compensated when AI builds on their work, as demonstrated by the involvement of high-profile creators like David Goyer, who registered a new sci-fi universe on the platform.

The platform plans to launch its public mainnet within a few weeks, having already attracted over 100 applications to build on top of it, including major venture-backed projects. Story Protocol has also attracted significant AI projects, such as Stability AI, which partnered with the platform to register its image generator outputs and ensure proper tracking of artists' creations. This collaboration aims to make those images available for other AI models to license and use as training data.

Story Protocol's value proposition lies in its potential to become the de facto layer for AI outputs to be registered, as the CEO predicts that 90 to 99 percent of content will be AI-assisted or generated in a decade. By addressing the concerns of artists worldwide about AI stealing their work, Story Protocol has come up with a solution that turns AI agents into paying customers for tokenized IP rights on the blockchain.