Story (IP)
Unlock Schedule
Story (IP) Token Unlock & Vesting Schedule
As of October 17, 2026, 359.5 million IP have been released. The schedule is ongoing, with no final release date. Over the next 12 months it releases 12.88 million IP (all estimated) from PoS Validator and Staker Rewards, worth about $2.36 million at today's price (3.52% of the market cap). Today's release is an estimated 36,904 IP from PoS Validator and Staker Rewards.
The chart shows gross modeled releases of every allocation: vesting unlocks, new issuance and reserve distributions, each allocation counted once. These have different meanings; a scheduled release is not evidence that tokens entered circulation or were sold. Review the coverage, sources and assumptions below.
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
Supply and network roles
Story created an initial supply of one billion IP tokens. The original allocation was divided into five groups:
- 38.4% for ecosystem and community work
- 10% for initial incentives
- 10% for the foundation
- 21.6% for early backers
- 20% for core contributors
Only part of that initial supply was unlocked when the public network launched. The token’s supply can also change over time: proof-of-stake rewards introduce tokens, while the base portion of network transaction fees is burned. (datafdn.org)
The token has three basic jobs. It pays for network transactions, supports validators through staking, and gives holders a role in defined governance decisions. A transaction might register an asset, attach license terms, or record another action. Story’s governance rules also describe votes on matters such as certain foundation decisions and proposals about network development. (datafdn.org)
The move from IP to DATA was announced as a one-to-one conversion of the native token. The foundation says native holders do not need to make a manual swap, and existing staking positions remain in place. In August 2026, it also extended the lockup for previously locked team, investor, and insider tokens to February 13, 2028, without changing the original allocations. (datafdn.org)
Upcoming IP Releases
| Period | Allocation | Type | Amount | Value |
|---|---|---|---|---|
| Oct 17 – 31, 2026 | PoS Validator and Staker Rewards | Issuance, estimated | 553.6K | $101.4K |
| Nov 2026 | PoS Validator and Staker Rewards | Issuance, estimated | 1.1M | $202.7K |
| Dec 2026 | PoS Validator and Staker Rewards | Issuance, estimated | 1.1M | $209.5K |
| Jan 2027 | PoS Validator and Staker Rewards | Issuance, estimated | 1.1M | $209.5K |
| Feb 2027 | PoS Validator and Staker Rewards | Issuance, estimated | 1M | $189.2K |
| Mar 2027 | PoS Validator and Staker Rewards | Issuance, estimated | 1.1M | $209.5K |
| Total, next 12 months | 12.9M | $2.4M | ||
Values at $0.183 per IP (October 17, 2026), today's price, not a forecast. Releases continue after September 2027. Estimated amounts are modeled from the schedule's rules rather than dated by a source; see the Assumptions below. Releases without dates are listed under Allocations.
Assumptions
Story initially created one billion tokens across five allocations, and validator rewards add to supply over time. Initial Incentives include direct claims and rewards through ecosystem projects; the first claim opened at mainnet launch, while the first unlock for locked backers and core contributors was postponed to February 13, 2028. Amounts for individual claims, treasury distributions and the amended monthly vesting payments remain unresolved. The dated supply curve shows the genesis mint and estimated growth between reported net-supply observations, not measured monthly rewards or gross issuance before burns.
- Ecosystem and Community: Releases depend on future governance or treasury decisions.
- Foundation: Releases depend on future governance or treasury decisions.
- Initial Incentives — Direct Claims: Releases depend on recipients claiming tokens or on grants being awarded.
- Initial Incentives — Ecosystem Projects: Releases depend on recipients claiming tokens or on grants being awarded.
- Early Backers: The original schedule was changed and the new timing is not yet published.
- Core Contributors: The original schedule was changed and the new timing is not yet published.
- Locked Staking Rewards for Core Contributors: New issuance depends on network activity, such as staking, so it cannot be dated in advance.
- 1. https://www.datafdn.org/blog/introducing-ip
- 2. https://www.datafdn.org/blog/initial-incentives
- 3. https://www.datafdn.org/blog/story-mainnet
- 4. https://www.datafdn.org/blog/big-bang-block
- 5. https://www.datafdn.org/blog/extending-the-data-lockup-building-from-proven-ground
- 6. https://forum.datafdn.org/t/proposal-sip-00009-emissions-recalibration-locked-staking-multiplier-adjustment/37401
- 7. https://github.com/piplabs/story/releases
- 8. https://www.sec.gov/Archives/edgar/data/1788230/000178823026000046/ipst-20251231.htm
- 9. https://www.datafdn.org/blog/were-becoming-the-data-foundation
- 10. https://www.coingecko.com/
Tokenomics Overview
Market Data
Tile coloring: Green indicates positive changes, red indicates negative changes, and neutral indicates no significant trend or unavailable data.
Perpetuals: 4 markets on Binance, OKX and Lighter · $5.5M open interest
Allocations
Not yet scheduled: 673,428,083.547 tokens of its parts have no release date yet. The chart shows them as TBD from today, not as unlocked.
Estimated from the last observation onward: about 36,904 per day (1,123,254 per month), the rate between the observations of 16 May 2026 and 30 September 2026.
Description
#367
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 |
Tokenomics Overview
Market Data
Tile coloring: Green indicates positive changes, red indicates negative changes, and neutral indicates no significant trend or unavailable data.
Perpetuals: 4 markets on Binance, OKX and Lighter · $5.5M open interest