GuShiio.com GuShiio.com learned that the Layer 1 Network Story Protocol announced token economics before the launch of the main network. Of the initial supply of 1 billion IP tokens, 58.4% will be distributed to communities through initial incentives, ecosystems and foundations, of which 38.4% will be ecosystems and communities, 10% initial rewards, and 10% foundations. Another 21.6% goes to early supporters and 20% goes to core contributors. The initial unlocked supply of IP is 25%. Story Protocol developer PIP Labs completed a US$80 million Series B financing led by a16z crypto in August 2024.
read the original
