Story Revolutionizes Open Source AI for Creator Monetization

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Palo Alto, United States, January 9th, 2025, Chainwire

The narrative leverages open models from Stability AI to link artists and programmers, fostering advancements in open-source AI technology.

In a recent announcement, Story, a global blockchain for intellectual property, has revealed its plan to incorporate advanced models from Stability AI. This move is intended to initiate a novel phase in open-source AI development, empowering contributors such as creators, developers, and artists, to reap the financial benefits of their contributions to the AI community. By adopting Stability AI’s technology, Story seeks to tackle a significant issue: ensuring proper recognition, monitoring, and monetization of work generated using artificial intelligence.

The narrative revolves around the challenge of providing a defined route for creators to generate income from their derivative works within the open-source community. While advancements in AI have been remarkable, the process of crediting and monetizing creators’ intellectual property has yet to match the pace of technological development.

Jason Zhao, Co-Founder and Chief Protocol Officer at PIP Labs, who was one of Story’s early contributors, expressed excitement about using Stability AI’s models to address pressing issues as AI advancements accelerate. He emphasized that the synergy between AI and blockchain is crucial, not just powerful. Blockchains secure digital property rights during an era of AI-generated creative prosperity. By employing Stability AI’s technology in tandem with Story’s, we are demonstrating how well-designed incentive mechanisms can guarantee attribution for creators, foster their empowerment, and propel the growth of AI development.

The narrative and its associated ecosystem applications will employ Stability AI’s advanced fundamental image models to construct AI applications that track contributions throughout the AI development process, ensuring equitable compensation for all contributors involved with monetized outputs. Mahojin and ABLO are two AI projects based on Story that utilize Stability AI’s foundation models and Story’s blockchain technology.

Mahojin, an AI platform for search-to-generate remixing, and ABLO, a collaborative AI platform enabling creators to design physical goods with leading brand intellectual properties, leverage Stability AI’s models to facilitate effortless realization of creative visions and Story’s technology to improve provenance and attribution across the AI ecosystem. These projects demonstrate practical applications and demonstrate how creators can protect their intellectual property and earn from their contributions in a dynamic, shared creative economy.

At Stability AI, we prioritize giving creators the power they need. It’s exciting to witness our models being employed in Story’s blockchain system, which ensures appropriate credit and compensation for contributors,” stated Scott Trowbridge, Vice President of Stability AI.

Exploration at Story involves discovering innovative applications where AI and blockchain intersect, addressing the ever-changing requirements of content creators and developers in today’s era of generative AI. For instance, one area under investigation is registering creative assets such as an artist’s distinctive style or voice as intellectual property with clear terms of use on our platform. Users can then adapt and refine their own models using this IP. If a creator employs this model to produce a monetized output, all parties involved in the creation process share in the success and rewards.

Employing advanced models from Stability AI, Story is moving forward with an essential stride towards establishing an internet that’s both environmentally friendly and equitable in the era of artificial intelligence.

About Story

Story functions as a global blockchain for intellectual property (IP), converting IPs into interconnected networks that surpass boundaries between different media and platforms. This fosters a world of shared creativity and fluid financial opportunities. Explore Story’s website for comprehensive insights.

About PIP (Programmable IP) Labs:

Originating as one of the primary founders of the Story Network, PIP Labs now stands bolstered by financial support from notable investors such as a16z crypto, Endeavor, and Polychain. The founding team behind PIP Labs is comprised of a successful serial entrepreneur who has previously exited for $440M, a young product manager from Deepmind, and an experienced executive group with a broad skill set spanning consumer technology, artificial intelligence, generative AI, and Web3 infrastructure.

Contact

Head of Communications
HV
PIP Labs
henri.vies@storyprotocol.xyz

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2025-01-09 12:36