What Is Story Protocol (IP)?
Story Protocol is a Layer 1 blockchain designed to register, track, and monetize intellectual property (IP) in a decentralized system. It allows creators to tokenize their work, set licensing terms, and automate royalty payments without relying on centralized platforms or legal intermediaries. The protocol aims to address issues in copyright protection, licensing transparency, and fair compensation, making it a potential game-changer for artists, writers, AI-generated content, and other digital creators.
How Story Protocol Works
Story Protocol uses blockchain technology to manage intellectual property assets efficiently. Creators can register their IP as NFTs (ERC-721 tokens), enabling proof of ownership, transferability, and licensing on the blockchain. Smart contracts handle licensing agreements and automated royalty distribution, ensuring that creators are compensated whenever their work is used or adapted. Additionally, Story Protocol features multi-core blockchain architecture, allowing for scalability, cross-chain interoperability, and integration with AI and Web3 applications.
Who Are the Founders of Story Protocol?
Story Protocol was founded in 2022 by Seung Yoon Lee, Jason Zhao, and Jason Levy.
How Many Story Protocol (IP) Tokens Are in Circulation?
IP, the native token of the Story Protocol ecosystem, is available on various exchanges. It has a total supply of 1 billion tokens.
How to Buy Story Protocol (IP) on Bitget?
Consider investing in Story Protocol (IP)? Follow these steps:
1. Create an account on Bitget .
2. Verify your identity.
3. Deposit funds.
4. Check out the available Story Protocol trading pairs on Bitget.
Is Story Protocol Token a Good Investment?
Story Protocol brings a new approach to intellectual property management using blockchain, but its success depends on adoption. As with any crypto investment, factors like market demand, competition, and regulation will play a big role. Investors should do their own research and consider the risks before making a decision.
Simple 3-step guide to buying IP today in South Africa
Create your free Bitget account
Select a funding method
Complete your Story Protocol purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for Story Protocol using a payment method of your choice:
Buy Story Protocol with a debit/credit card
For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the "Buy" tabCredit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget website
Select your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget website
For Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your Story Protocol order.How to buy crypto with credit/debit cardBuy Story Protocol with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into Story Protocol is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your Story Protocol order.How to buy crypto via third-party gatewayBuy with bank transfer
We accept various payment methods, including iDeal and SEPA for EUR, PIX for BRL, PayID for AUD, UPI for INR, QRIS, DANA, and OVO for IDR, SPEI for MXN, and GCash for PHP. These services are facilitated by Alchemy Pay, Banxa, Mercuryo, and Simplex payment gateways. Simply select Buy Crypto > [Third Party] in the top navigation bar and select a fiat currency to place your Story Protocol order.Buy Story Protocol with the fiat balance in your Bitget account
You can Deposit fiat funds using Advcash, SEPA, Faster Payments, or PIX payment gateways to top up your Bitget fiat balance. Then, click Buy Crypto > [Cash conversion] in the top navigation bar to place your Story Protocol order.P2P trading
With Bitget P2P, you can buy crypto using over 100 payment methods, including bank transfers, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Simply place an order, pay the seller, and receive your crypto. Enjoy secure transactions with escrow protection.How to buy crypto on Bitget P2P
Step 3: Monitor Story Protocol in your Bitget spot wallet

Bitget—where the world trades Story Protocol
How to buy Story Protocol for free
- Learn how to earn Story Protocol for free through the Learn2Earn promotion
- Earn free Story Protocol by inviting friends to join Bitget's Assist2Earn promotion
- Receive free Story Protocol airdrops by joining ongoing challenges and promotions

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The currency of South Africa is the South African Rand (ZAR). It will only take you a few minutes to buy Story Protocol(IP) and other cryptocurrencies by ZAR on the Bitget platform using P2P trading, crypto deposit, and third-party payments (using your credit card, Apple Pay or Google Pay).
The official languages of South Africa are Afrikaans, English, Xhosa, Zulu, Southern Sotho, Northern Sotho, Tswana, Tsonga, Venda, Swati, Ndebele, and the Bitget app and website are available in English.
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