Storichain, Stories Become Intellectual Property through Stable and Scalable Blockchain

Storychain is a DApp where creators can produce and share dramas, movies, and web novels for collaboration and distribution. It is also a platform for creators, readers, and supporters who share the value created at each stage of the story’s value chain with participants.

Assetization of Stories, Storichain

Storychain is a DApp that communicates with readers through documents with narratives, such as dramas, movies, and web novels, and contracts for creator, collaboration, and distribution. Storichain is a block chain-based story trading platform that solves the problem of unfair profit distribution of creators through block chain by paying attention to the reality that story creators are not properly compensated for their labor and that helps story content providers to do business with stories as assets.

Storichain is a project that rewards participants through tokens that can be mobilized for the birth of story creation and content distribution processes that have been unclear so far so that story producers can trade more easily. Until now, most content-based block chain projects have stored ‘TEXT DATA’ itself, whereas Storichain stores information about creation, transaction contribution, and ownership transfer.

This is because it is most important to prove the creator’s efforts by rationally measuring who, when, and how contributed to the creation of the story, how the ownership was transferred, and the level of contribution during collaborative creation until creations come out. Storichain provides a solution that makes it easier and more reliable to record the inconvenient story value measurement and the consensus process leading to it. Storichain’s public block chain serves to provide and store the notarization effect of participants’ contracts.

Blockchain Data Verification Service

Q. What problems did you solve with Luniverse Trace?

In the process of managing tokens, trust history data that does not require token movement must also be transacted unconditionally, so there is a problem that there must be a micro-transaction of tokens or that log records must be stored in a very small place. Or, after completing the simulation for a sufficient amount of time and testing the hypothesis, there is a problem that it is not possible to upload it.

In the story chain, complex problems arise in creation, destruction, and update to deal with contracting copyrighted works, producing stories, modifying stories, and storing dialogues all through transactions. Storichain solved this problem through the Luniverse Trace service.

In addition, it has the advantage of being able to programmatically utilize data on copyrighted works without developing content, and it is expected that the cost will be greatly reduced when storing contribution data of copyrighted works. Finally, for one story copyrighted work, we want to visualize contract relationships, contractors, and contribution relationships and show them in Application Layer. In other words, the activities necessary for meaningful user contract fulfillment and verification are directly recorded as transactions on the blockchain, and even though it’s a very micro-contribution activity, but we’d like to record the data that should one day be a basis of trust with Luniverse Trace.