Story IP
1h %
-0.14%
7d %
-3.98%
Market Cap
$392.22M
24h volume
$12.38M
Exchanges
| # | Exchange | Pair | Price | 24h volume | Confidence |
|---|---|---|---|---|---|
Information about IP
IP coin (Story Protocol) is a cryptocurrency that operates on the Story Network blockchain, developed specifically for working with digital intellectual property. The IP token performs several key functions in the ecosystem, including staking, a payment method within the platform, and a means of managing the network. Thanks to decentralization, smart tokenization, and direct application in the field of digital rights, IP is becoming a relevant tool for content creators, Web3 developers, and investors. It provides the flexibility, security, and transparency necessary for scalable solutions in the digital economy.
In terms of prices, IP coin is trading at $1.11 today, with its current market cap being {{currency}}{{marketcap}}. The lowest price on the trading day amounts to $1.07USD, and the highest keeps at $1.13USD.
FAQ
How does IP coin (Story Protocol) work?
The IP token works on the Story protocol, acting as gas for transactions, collateral for validator staking, and a governance tool for protocol changes. It plays a central role in maintaining the network’s functionality, security, and decentralization.
What is the IP token used for?
IP is used for payments within the platform, as well as for staking: validators use the token to participate in the Proof-of-Stake consensus algorithm and ensure network security. In addition, the IP token plays a governance role: holders participate in voting and make decisions about the development of the Story Protocol project, from changing fees to implementing new features.
Is IP coin a good investment?
IP token can be a good investment choice due to its real utility in the Web3 and digital technology sectors. It is a technologically valuable asset with great growth potential as the Story Protocol ecosystem expands.
Who created the IP token?
Yun Li, Jason Zhao, and Jason Levy are the founders of Story Protocol, a project launched in 2022.
Does IP coin have a burning mechanism?
Yes, IP tokens are burned regularly, which reduces their total supply and helps maintain network efficiency and economic balance.
What is the all-time high (ATH) and all-time low (ATL) of IP?
The All-Time-High (ATH) of IP is $14.92, while the All-Time-Low (ATL) is $1.00
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