Ankr, a leading provider of blockchain infrastructure, has entered a partnership with Story, one of the most anticipated blockchain projects of 2024, valued at $2.25 billion. This collaboration is set to transform the development of decentralized applications (dApps) on Story’s Layer-1 blockchain, known for its rapidly expanding ecosystem, which includes over 100 active partners working on its testnet, Odyssey.
The partnership is designed to simplify the creation of dApps by leveraging Ankr’s high-performance Remote Procedure Call (RPC) connections. These connections will support Story’s testnet and its upcoming mainnet, enabling developers to create decentralized use cases such as tokenizing intellectual property (IP) assets, including blueprints and video game characters.
Story has already secured $24.7 million in project funding, underscoring its robust ecosystem. The collaboration with Ankr aligns with Story’s vision of reshaping IP ownership and monetization in a Web3 and AI-driven era.
Simplifying Blockchain Access for Developers
Ankr is set to streamline blockchain accessibility for developers building on Story by providing free and premium RPC endpoints. These endpoints eliminate the need for developers to establish or manage their own Story nodes, significantly lowering barriers to entry.
By utilizing Ankr’s infrastructure, developers can easily perform essential blockchain functions, such as submitting transactions, checking wallet balances, and interacting with on-chain data. This simplified access ensures that Story’s blockchain is both efficient and user-friendly, empowering developers to focus on innovation without being burdened by technical complexities.
Driving IP Innovation in Web3
The collaboration also highlights the growing role of blockchain technology in revolutionizing the intellectual property industry. Ankr’s Co-Founder and CEO, Chandler Song, emphasized the potential of this partnership in enabling developers to disrupt the IP sector. He noted that blockchain, coupled with AI advancements, offers unique opportunities to redefine creative ownership. Song highlighted Ankr’s role in providing the technological backbone required for such transformative projects, ensuring optimal performance and reliability.
Story’s Vice President of Ecosystem, Weilei Yu, shared similar sentiments, stating that Ankr’s infrastructure will empower developers to maximize the potential of Story’s IP blockchain. This collaboration not only strengthens Story’s position as a leading platform for IP-focused Web3 applications but also solidifies Ankr’s reputation for supporting top blockchain networks like TON.
Transforming the Future of Intellectual Property
The partnership between Ankr and Story sets a new benchmark for blockchain infrastructure, reflecting the broader mission of Web3 to redefine digital ownership and creativity. With the support of Ankr’s infrastructure, Story’s progress toward its mainnet launch is expected to drive the development of innovative IP applications.
These applications are anticipated to revolutionize the creation, safeguarding, and monetization of intellectual property in the decentralized ecosystem. By addressing key challenges in the IP industry, the collaboration between Ankr and Story is poised to open new pathways for creativity and ownership in the digital economy, paving the way for groundbreaking advancements in blockchain-based IP innovation.