Paris Hilton, a16z again IP possession community Story Protocol

The brand new blockchain-based IP possession community Story Protocol closed a $54-million funding spherical on Sept. 7, which included investments from massive names, resembling Paris Hilton’s 11:11 Media and Andreessen Horowitz, also referred to as a16z.

The platform makes use of blockchain expertise to assist content material creators oversee and monetize their content material within the face of fakes generated by synthetic intelligence (AI). It plans to function a blockchain-based IP possession repository for every type of content material, together with textual content, picture and audio.

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