Intellectual property management protocol Story has released its tokenomics ahead of a planned mainnet launch. Story’s IP token will secure the Layer 1 network via a proof-of-stake consensus mechanism. It will also act as a gas token for all transactions, and as a governance token. Of the total supply of 1 billion IP tokens, more than half is set to be distributed to the community. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io