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Story Protocol, in collaboration with Ritual, has achieved the intellectual p...

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Post time 22-3-2024 22:21:20 | Show all posts |Read mode
On March 14, Story Protocol, a California-based programmable intellectual property protocol, announced its first ecosystem partner: decentralized AI execution layer Ritual. By using Story Protocol and Ritual, developers can register their AI models as IP and track the generated outputs as derivatives.

One of the biggest challenges faced by generative AI today is "training models that respect creator rights." To drive sustainable generative AI innovation, there is a need for a human and machine-readable IP registry that allows creators to easily set usage terms for their content, making intellectual property programmable. Through programmable IP, creators and developers can set up on-chain property rights for others to use, synthesize, and monetize their IP automatically, turning code into an extension of creator property rights. Story Protocol is actively building for developers to unlock the full potential of their AI models with attribution and compensation.

Ritual's infrastructure allows developers to build, host, and deploy AI models. Through this collaboration, developers can use Ritual's infrastructure to register AI models as intellectual property on Story Protocol, scaling the licensing of their intellectual property, unlocking new liquidity pools, and enjoying new revenue models. Protecting intellectual property through on-chain execution makes it easy to track authentication and source, benefiting from transparent security.

Through this collaboration, Story Protocol and Ritual are building powerful tools around proof of inference, which uses cryptographic primitives to prove that outputs like text, images, and voice are generated by specific models. This will provide developers with stronger security, ensuring source and traceability.

"Now, with AI, anyone with an internet connection can create high-quality art, music, and videos," said S.Y. (Seung Yoon) Lee, CEO and Co-founder of Story Protocol. "And this content will only get richer. To address this challenge, the internet needs a new intellectual property infrastructure. Through partnerships with Ritual and MyShell, we are introducing programmable IP into AI models and content outputs, allowing developers and creators to protect, develop, and monetize their intellectual property."

"We are excited to collaborate with Story Protocol and MyShell to open up new opportunities for developers and creators at the intersection of encryption and AI, turning AI models into traceable intellectual property products," said Niraj Pant, Co-founder of Ritual. "Through this collaboration, developers can protect their creativity, unlock new liquidity pools and revenue models, and continue to achieve scalable innovation in this new creative economy."

Story Protocol and Ritual are jointly building the first use case of their collaboration with MyShell. MyShell is a decentralized generative AI creator platform with over 1 million users and 50,000 creators. MyShell's AI models will run on Ritual's infrastructure and can be registered as IP assets on Story Protocol. User-generated outputs like text, images, and voice can also be registered as derivatives associated with the models. Through the collaboration with MyShell, Story Protocol allows creators to control the AI use cases they create, with attribution, authorization for remixing, and revenue sharing all implemented on-chain.

About Story Protocol
Story Protocol is a programmable IP layer that unleashes global creativity and liquidity by transforming intellectual property beyond media and platforms. Founded by a team of serial entrepreneurs (acquired for over $400M) and seasoned operators with diverse entrepreneurial backgrounds in consumer tech (with over 200M app downloads), generative AI (Deepmind), and Web3 infrastructure (Flow and Harmony), Story Protocol is backed by top-tier investors including a16z crypto, Endeavor, and Hashed. For more information, visit storyprotocol.xyz.

About Ritual
Ritual is the first decentralized AI execution layer. Founded by native crypto teams from Polychain, Paradigm, Coinbase, Protocol Labs, and Palantir, Ritual has raised over $25M from institutions including Archetype, Accomplice, and Robot. For more information, visit ritual.net.

About MyShell
MyShell is an open ecosystem where creators can collaboratively build AI applications. With a powerful model platform and creator toolkit, users can easily construct AI applications. Its token economy enables the creator economy and community ownership of content. The MyShell team consists of serial entrepreneurs and top AI researchers from MIT, Princeton, and Oxford. Since its launch in April 2023, MyShell has rapidly grown to over 1 million registered users and 50,000+ creators, making it one of the largest AI communities in Web3.
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Post time 22-3-2024 22:29:58 | Show all posts
They definitely have some power.
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Post time 23-3-2024 08:33:55 | Show all posts
This thing is beyond me.
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