Overview
- Story will integrate Lombard’s Bitcoin infrastructure to power on‑chain intellectual property transactions, according to a joint announcement.
- The integration adds Bitcoin Revenue Distribution to deliver instant, borderless royalty payments directly to creators on Story.
- A Crypto‑Economic IP Security feature posts Bitcoin as collateral to backstop licenses and enables smart‑contract liquidation if fees go unpaid.
- The companies point to South Korea’s $13.6 billion cultural IP market as the launch venue, building on Story’s partners such as Solo Leveling and Barunson Studio.
- Lombard reports over $3 billion in Bitcoin onboarded and $1 billion TVL in 92 days, highlights BARD activity on Upbit and Bithumb, and cites a KODA custody pathway, while offering no independent deployment timeline.