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Story Protocol and Magma will help artists grow with ‘programmable intellectual property’
Story Protocol is teaming up with art platform Magma to help millions of artists monetize their creations through programmable IP.
Marking a departure from static JPEGs (the typical form of non-fungible tokens, or NFTs), Story Protocol enables any creator from around the world to register their IP and seamlessly welcome contributors to join with attribution while retaining control of their creations. Story Protocol foresees lots of programmable IP in the future.Magma allows teams to create and collaborate on digital art simultaneously, providing up to 50 artists with the ability to draw on the same canvas in real-time. Story Protocol simplifies the copyright process and reduces legal risks by allowing artists to easily prove the extent of human creativity involved in AI-assisted work.
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