PANews reported on December 11 that according to Jason Zhao, co-founder and chief product officer of PIP Labs, the white paper to be released by Story Foundation proposes a new agent trading system called Agent TCP/IP, which aims to provide a trustless framework for autonomous agents to exchange intellectual property (IP) through programmable contracts. The system allows agents to initiate, trade, lend, and sell contracts on the Story blockchain, while providing legal packaging to make their actions legally binding and create "agent legal personality." Through Agent TCP/IP, agents can autonomously sell training data or collaborate in joint works to promote the development of the emerging knowledge economy.
As reported in August, PIP Labs, the developer of Layer1 IP blockchain Story Protocol, completed a $80 million Series B financing led by a16z Crypto . Story Protocol developer PIP Labs was valued at $2.25 billion after the financing .