Story Protocol and Ritual team up to realize AI model IP on MyShell

On March 14, Story Protocol, a programmable intellectual property protocol based in San Francisco, California, announced its first ecosystem partner: decentralized AI execution layer Ritual. By using Story Protocol and Ritual, developers are able to identify and register their AI models as IP and track the generated output as derivatives.

One of the biggest challenges facing generative AI today is “training models that respect creators’ property rights.” To drive sustainable generative AI innovation, we need a human- and machine-readable IP registry that allows creators to easily set terms of use for their content, making IP programmable. Through programmable IP, creators and developers can set up automatically executed on-chain property rights for intellectual property for others to use, synthesize and monetize, turning code into an extension of the creators property rights. Story Protocol is actively building for developers to unlock the full potential of their AI models with attribution and compensation.

Rituals infrastructure allows developers to build, host and deploy AI models. Through this collaboration, developers can use Rituals infrastructure to register AI models as intellectual property on Story Protocol, thereby licensing their intellectual property at scale, unlocking new liquidity pools, and enjoying new revenue models. Protect intellectual property with on-chain execution, easily track certification and provenance, and benefit from transparent security.

Through the partnership, Story Protocol and Ritual are building powerful tools around inference proofs, which use cryptographic primitives to prove that outputs such as text, images, and speech were generated by a specific model, and employ advanced watermarking schemes that will provide developers with Provide stronger security and ensure provenance and traceability.

“Now with AI, anyone with an internet connection can create high-quality art, music and videos,” said SY (Seung Yoon) Lee, CEO and co-founder of Story Protocol, “and this type of content will only More and more abundant. To solve this challenge, the Internet needs a new intellectual property infrastructure. Through cooperation with Ritual and MyShell, we are bringing programmable IP into AI models and work output, enabling developers and creators to be able to protect, develop and realize their intellectual property rights.”

“We are excited to partner with Story Protocol and MyShell to unlock new opportunities for developers and creators at the intersection of crypto and AI, transforming AI models into traceable intellectual property products,” Niraj Pant, co-founder of Ritual Through this partnership, developers can protect their ideas, unlock new liquidity pools and revenue models, and continue to innovate at scale in this new creative economy.

Story Protocol and Ritual are building the first use case of the partnership with MyShell. MyShell is a decentralized generative AI creator platform with more than 1 million users and 50,000 creators. MyShells AI model will run on Rituals infrastructure and can be registered as an IP asset on Story Protocol. User-generated output content such as text, images, and speech can also be registered as derivatives associated with the model. By partnering with MyShell, Story Protocol allows creators to control the AI ​​use cases they create, with attribution, authorized re-creation and revenue sharing all implemented on-chain.

About Story Protocol

Story Protocol is a programmable IP layer that unleashes global creativity and mobility by transforming intellectual property into networks that transcend media and platforms. The project was founded by a team of serial entrepreneurs (acquired for $400 million) and experienced operational staff with experience in consumer technology (200 million+ app downloads), generative AI (Deepmind), and Web3 infrastructure ( Flow and Harmony) with a diverse entrepreneurial background. Story Protocol is backed by multiple top investors, including a16z crypto, Endeavor, and Hashed. Users can access viastoryprotocol.xyzto know more information.

About Ritual

Ritual is the first decentralized AI execution layer. Ritual is created by crypto-native teams from Polychain, Paradigm, Coinbase, Protocol Labs, and Palantir. Ritual has received more than $25 million in funding from institutions such as Archetype, Accomplice and Robot. Users can access viaritual.netto know more information.

About MyShell

MyShell is an open ecosystem where creators can collaborate to build AI applications. With a powerful model platform and creator toolkit, users can easily build AI applications. Its token economy enables the development of a creator economy and allows the community to participate in content ownership. The MyShell team is composed of serial entrepreneurs and top AI researchers from MIT, Princeton University, and Oxford University. Since its launch in April 2023, MyShell has rapidly grown into a community with more than 1 million registered users and more than 50,000 creators, and has also become one of the largest AI communities in Web3.