Grayscale’s Wild Bet: AI’s New Sidekick? 🤖💸

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Oh, and by the way, the new offering—which is basically a fancy way of saying “we’re trying to make money off your confusion”—is now available to those who’ve passed the “accredited investor” test. Spoiler: it’s just a token for a network that’s probably going to be the next big thing… or the next big joke. 🤷‍♂️

According to Grayscale, the Story protocol is like a digital copyright fairy godmother, but for AI and memes. It’s supposed to let you program your cat’s selfies into a licensing agreement. Because who doesn’t want to monetize their pet’s existential dread? 🐱💸

Rayhaneh Sharif-Askary, Head of Product and Research at Grayscale, called Story “a foundational layer for digital IP in the age of information and AI.” Which is just corporate jargon for “we’re building a bridge between blockchain and your dreams.” PIP Labs co-founder SY Lee added that this infrastructure unlocks real-world utility. Or as I like to call it, “real-world confusion.” 🤯

Although the announcement didn’t immediately impact IP’s market price, the token has already gained over 100% in the past month—suggesting growing momentum ahead of Grayscale’s entry. Or, as I like to think, “the market is just waiting for the next punchline.” 🚀📈

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2025-08-01 02:48