Grassscale and creative industry.
Summary
- Grassscale launched a new truth focused on an IP token of the story protocol, which expands beyond bitcoin and atherium.
- Embedd up in truth targets blockchain-based intentions, licensing and royalty in on-chain assets.
- Story protocol manages 1.7m IP transacts monthly for creators and data.
On 31 July, Crypto Asset Manager Grassscale announced the launch of his Grassscale Trust, Single-Asset Investment Vice-Office Investors Protocol.
The move marked the first platform of Grassscale in the blockchain-Bashd intellectual property infrastructure, $ positioning as an important booking block for AI and digital rights management.
Truth, structured for other products of Grassscale, will conduct the IP as its only underlying assets, providing instant investors with a regulated passage that the asset manager sees as an $ 80 trillion market opportunity.
Why is betting on IP tokens of Grassscale Story Protocol
Greeskel’s decision to initiate a truth for IP tokens of the story protocol has been calculated by a couple of the most resulting real-granted application of blockchain.
The asset manager is being placed as an IP as the backbone of a new intellectual property economy, a where IT licensing terms, characteristics, and royalty are diracked in assets through smart contracts. This addresses two important problems: legal gray field AI training data and inaction of traditional IP management.
“Grassscale Story Trust exposes investors for information and a protocol shaping the fundamental intellectual property layer for the AI era,” said Grassscale. “It not only includes creative materials, but the real-watter data-force power is one of the most advanced intimate systems of today.”
Numbers support this step. Kas for the press release, the story protocol processes more than 1.7 million IP monthly, with cases of use from music royalty to dataset for surgical robots. Unlike the speculative crypto assets, IP receives value from tangible demand: AI firm needle clean, licensed data, while manufacturers want irreversible projects.
Grassscale said the trust is now open to daily membership, only for recognized investors, including institutions with $ 200 million in more than $ 200,000 or assets with $ 5 million. The asset manager indicated that the secondary market may follow trade, regulatory approval to object.
It reflects the route of its major products, Grassscale Bitcoin Trust ETF and Grassscale Ethereum Trust ETF, which transmissions from private plants to publicly traded vehicles. As of 30 July, ETFS had held $ 21.2 billion and $ 4.25 billion in AUM respectively by 30 July.
