Story (IP)
Unlock Schedule
Story (IP) Token Unlock & Vesting Schedule
The unlock chart above provides a clear visual overview of the Story (IP) token release schedule, showing when and how tokens enter circulation across investor, team, treasury, and community allocations. Understanding these tokenomics dynamics is critical for evaluating potential supply pressure, inflation impact, and market liquidity over time — key factors that can influence IP price performance.
Each color segment in the chart corresponds to a specific allocation group described in the Allocations section below. Underlying assumptions and data models used to reconstruct this schedule are explained in detail under Assumptions, while broader utility insights and token use cases are covered in Tokenomics & Utility.
Tokenomics & Utility
What the IP token does
The IP token powers the network. It is used for gas fees, validator and delegator staking to secure the chain, and governance in the Story DAO. Developers may also denominate license fees and royalties in tokens whitelisted by modules, including IP, enabling a circular economy for creative works. (docs.story.foundation)
Supply and allocation
IP launched with a fixed supply of 1,000,000,000 tokens. Public materials outline an allocation focused on long‑term growth: ecosystem and community programs, initial incentives for bootstrapping activity, a foundation allocation, and allocations for early backers and core contributors subject to multi‑year vesting. The design aims to align builders, validators, and creators while keeping emissions predictable. (datawallet.com)
Staking design
Story’s staking is time‑weighted (flexible vs. fixed terms) to encourage longer commitments. At mainnet launch, Story introduced a “Singularity” setup period with staking but no rewards; rewards began for everyone together at the “Big Bang.” Validators must meet a minimum stake to participate in consensus, and delegators can stake to validators of their choice. (cointelegraph.com)
Governance
The Story Foundation supports tokenholder governance through the Story DAO and operates a Security Council for emergency actions. Over time, the goal is to push control further to the community by funding builders, formalizing protocol upgrades, and expanding licensing templates. (docs.story.foundation)
Assumptions
- Supply is uncapped with ongoing PoS emissions; modeled 10 years of validator rewards at the launch rate.
Official docs describe token inflation and per-block issuance beginning at the Big Bang block with governance-adjustable parameters; no max cap is stated. We model 10 years for planning purposes.
- 25% initial unlocked supply at Public Mainnet was split proportionally across Ecosystem + Community, Foundation, and Initial Incentives.
Official blog states 25% Initial Unlocked Supply and that Early Backers/Core Contributors remained locked. Exact per-category Day 1 split was not disclosed; proportional allocation across the three non-team/non-investor categories preserves the 25% total.
- Early Backers and Core Contributors vest linearly over 48 months from 2025-02-13 with no cliff.
Official materials specify 48-month unlocks but do not mention a cliff; modeled as straight-line monthly vesting.
- Initial Incentives distributed over two years after a Day 1 portion; Foundation and Ecosystem + Community stream over 4–5 years.
Blogs outline Day 1 claims and ongoing campaigns but no precise schedules; durations chosen to reflect early bootstrapping and longer-term program funding.
- All staking inflation initially directed to stakers (community pool rate 0%).
Network docs describe emissions flowing to block rewards and a community pool; a contemporaneous governance forum post indicates pool rate was 0% at launch.
- Burns under EIP-1559 reduce net supply but are excluded from release modeling.
Burns are a sink, not a release mechanism; this dataset models gross issuance/unlocks only.
- 1. https://www.story.foundation/blog/introducing-ip
- 2. https://www.story.foundation/blog/big-bang-block
- 3. https://www.story.foundation/blog/initial-incentives
- 4. https://www.story.foundation/blog/story-mainnet
- 5. https://docs.story.foundation/network/learn/token-economy
- 6. https://docs.story.foundation/ko/network/tokenomics-staking
- 7. https://www.story.foundation/whitepaper.pdf
- 8. https://rewards.story.foundation/
- 9. https://docs.story.foundation/docs/staking-module
Allocations
Description
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Story is a blockchain platform designed to turn intellectual property into digital assets that can be programmed and traded. It aims to create value from creative works in a world increasingly driven by artificial intelligence.
| Sector: | Layer 1 |
| Blockchain: | Other L1 |