@ StoryProtocol, which was once heavily backed by a16z, has also performed exceptionally well since TGE, with FDV surging to $7 billion against the trend, earning the title of "web3 Hollywood". But many people have not thought about what variables this combination of Korean Wave power and AI agents will bring to the Crypto ecosystem? Below, let's talk about personal observations: 1) Obviously, Story's TGE was under pressure amidst a chorus of negative reviews, but surprisingly, it did not continue the market trend of VC coins approaching zero after its launch. Instead, it became the "king of new VC coins" for the first time, earning it the nickname "web3 Hollywood". 2) Pulling stocks is just an appearance. In my opinion, Story's choice to go against the trend and its outstanding performance after going online is due to its finding the core narrative of "AI Agent". Because Story was originally designed as a layer 1 public chain specifically for intellectual property (IP), with the goal of bringing IP management and transactions onto the chain to promote the web3 prosperity of vertical industries such as culture and art. In order to promote the grand narrative of AI agents, by the end of 2024, Story has launched a set of AI agent trading frameworks (ATCP/IP), which enable AI agents to independently exchange intellectual property assets, including AI agent identity IDs, art creation incentives and traceability verification networks, AI autonomous investment decision-making legal personality, and IP license frameworks, among others. Simply put, relying on the framework and standards defined by Story in terms of IP, combined with the application and narrative attention of AI agents, Story naturally undertakes the gaps that have emerged in NFT digital art storytelling. Continue to fulfill your on chain Renaissance dream with the new on chain IP backend framework standard and practical application of AI Agent frontend. Imagine when AI agents have legal personality and can be encapsulated by off chain laws and executed by on chain contracts, including steps such as "information request, clause formulation, negotiation, acceptance, information transmission, and confirmation of receipt". At the same time, AI agents can freely price and trade their trained and fine tuned data, algorithms, and models. Artists can use AI agents to create more efficiently and form a decentralized intellectual property market that can share profits with other AI agents. 3) In fact, since the launch of the Story mainnet, some new features have indeed emerged in the AI Agent and IPFi directions: 1@ SoloAI_Agent ， As the leading AI Agent project in the Story ecosystem, we focus on enabling AI Agent created music works to be converted into on chain assets for free circulation within the ecosystem. Compared to the current situation where most AI agents in the Solana ecosystem are too MEME oriented, Solo seized the vertical direction of AI music creation as soon as it appeared, focusing on exploring the possibility of practical implementation of AI agents, similar to HeyGen and other web2 projects exploring AI multimodality. At present, the token Sona has been launched, but it has not been excessively Fomo; 2@ verio_story ， It is the IP trust engine of Story Protocol, aiming to provide a financial and legal governance system for Story's newly proposed IP system. The launch adopted a dual pledge model and designed a verification and governance mechanism to help creators and investors ensure the authenticity and value of IP assets; 3@ PiperxProtocol / @0xStoryHunt ， Similar to the Solana ecosystem's Radium and Jupiter core axes, both are leading decentralized exchanges in the ecosystem, allowing for the operation of on chain Yield systems such as MEME trading, DeFi liquidity mining, and IPFI returns. If the Story ecosystem takes off in the future, the value of its core DEX niche will naturally manifest accordingly; 4@ Aria_Protocol ， A Story based IP RWA protocol that focuses on tokenizing top IP resources, ultimately enabling musicians, artists, and others to create IP based on blockchain assets. Songs, books, movies, artworks, patents, brands, AI training data, AI Prompt, and more can all be tokenized and traded online. Recently, Aria announced the acquisition of the debut hit song "Black Mamba" by South Korean girl group Aespa, as well as partial rights to the single "The Truth Untold" by the world's top boy band BTS and Steve Aoki, and tokenized them. Other songs, including works by top global artists such as BLACKPINK, Justin Bieber, Miley Cyrus, Dua Lipa, Katy Perry, BIGBANG, have truly contributed to the value of "Korean Wave" in Story; In addition, since the launch of Story, the ecosystem has rapidly expanded, including projects in different categories such as WTF, Mimboku NFT, ipWorld, Spotlight, Unleash, Lewis, etc. Undoubtedly, there may be some flaws, but fortunately, its ecological siphon potential has already begun to emerge. In fact, the young community in South Korea is also becoming popular for their enthusiasm for Story. Many people see Story as an opportunity to change their destiny, and even the exaggerated saying 'without Story, you can't afford to buy a house' has emerged. This is actually a game of chess played by Story in community building. With the help of South Korea's mature celebrity fan economy system and the digital craze of all staff speculation, it attempts to deeply integrate project ecological construction with Korean Wave culture. It not only brings incremental users through energy sources, but may also give rise to innovative web3 cultural product forms. Completing the listing puzzle for exchanges such as Upbit may only be a matter of time. above. Returning to the beginning, the key to why the combination of "Korean Wave+AI Agent" is a new variable in the trend of AI Agent lies in whether AI Agent can be implemented in practical applications. At present, from the perspective of Story's ecological distribution projects and development potential, there is a trend of bringing a new "utility" to the practical implementation of AI agents, especially the performance of projects such as SoloAI and Aria. However, whether Story can ultimately compete with Solana's ecosystem in the direction of AI agents still needs more time to ferment and see.