Story uses Web3 to enable creators to capture the value they contribute to the AI ​​ecosystem

storyThe Blockchain intellectual property company believes that creators, developers and artists should be rewarded for what they contribute to AI. But it is not easy to trace their contributions, and storywhich has raised $140 million to date (formerly known as Story Protocol), is doing something about it.

Story, the world’s leading intellectual property blockchain, announced its use of cutting-edge Stability AI models to usher in a new era of open source AI development, which allows contributors – creators, developers and artists – to capture the value they create by contributing to the AI ​​ecosystem. Using Stability AI technology, Story aims to address the critical challenge of properly attributing, tracking and monetizing AI-generated creative work.

The story focuses on addressing the lack of a clear path for creators to monetize their derivative works in the open source ecosystem. Despite amazing advances in artificial intelligence, proper attribution and monetization of creators’ intellectual property has not kept pace with the rate of innovation.

“We are excited to leverage Stability AI models to address the most pressing challenges we face with the rapid rise of AI,” Jason Chow, chief protocol officer at PIP Labs, an initial core contributor to Story, said in a statement. “The combination of AI and blockchain technology is not only incredibly powerful, it is essential. Blockchains secure digital property rights in an age of AI-driven creative exuberance. By leveraging Stability AI and Story technology, we are showing how Appropriate incentive structures can ensure attribution and empowerment of innovators, moving AI development forward.

Story and its ecosystem apps will use Stability AI’s leading image models to build AI applications that include tracking contributions across the AI ​​development lifecycle to enable fair compensation for all creators involved in monetized deliverables.

Mahojin and ABLO are two Story-based AI applications that leverage Stability AI’s core models and Story’s blockchain technology. Mahojin, an AI-powered remixing platform for research to create, and ABLO, an AI collaborative platform that allows creators to design physical goods using leading brand IPs, use Stability AI models to allow users to easily bring their creative vision to life and Story technology to enable better… Source and attribution across the AI ​​stack. These two projects showcase real-world use cases and demonstrate how we open new ways for creators to protect their intellectual property rights and monetize their contributions to a dynamic, shared creative economy.

With this kind of tracking, it means that artists and other creatives will be able to get paid for their work more fairly, quickly and easily. It also means that the work of these artists, creators and developers can be used more widely.

Stability AI, maker of Stable Diffusion, is used by over five million people to create images and media through a generative AI model. It focuses on open source models and has expanded to include video and audio production, and more.

“Empowering creators is at the core of everything we do at Stability AI. We are thrilled to see our models being used in Story’s blockchain technology to ensure proper attribution and reward of contributors,” said Scott Trowbridge, vice president of Stability AI, in a statement. Creators will become increasingly important.

Story said it is committed to exploring different use cases for how AI and blockchain can be combined to meet the evolving needs of creators and developers in the era of generative AI. For example, one area of ​​exploration is to record training data such as an artist’s unique style or voice as an IP address with transparent terms of use in Story.

Anyone can then train and fine-tune their own model using this IP address. If a creator uses this model to create monetized output, everyone in that creative chain wins and benefits together.

By leveraging Stability AI’s cutting-edge models, Story is taking a major step toward creating a sustainable and equitable Internet in the age of AI.

PIP Labs, an initial core shareholder in Story Network, is backed by investors, including A16z crypto, Endeavor, and Polychain. PIP Labs was founded by a $440M serial entrepreneur and the youngest CEO at Deepmind with a veteran founding executive team with a diverse background in consumer technology, generative AI, and Web3 infrastructure.

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