Story, Bithumb Launch IP Token Staking Event With $139,000 in Rewards Through April 27

Story, an artificial intelligence-based intellectual property blockchain infrastructure project, said April 22 that it has partnered with Bithumb to launch a staking product for its IP token and will run a promotional event through April 27.

The event is open to users who have agreed to use Bithumb's flexible staking service. The service allows users to trade assets freely while keeping them deposited, with rewards paid automatically when holdings reach a certain level. Bithumb currently supports the service for 15 tokens, including Ether, Solana and Tron.

Story and Bithumb are running two programs during the event period to expand IP token liquidity and spur trading. In the first, users who deposit IP and increase their holdings will receive tiered rewards based on net deposits, with rewards available to a total of 5,000 users. Net deposits are calculated by subtracting withdrawals from total deposits during the event period.

The companies will also distribute rewards to all users who make net purchases of at least $70 worth of IP on Bithumb. Rewards will be paid in a lump sum within 14 days after the event ends, and users may participate in both programs.

Story Chief Executive Officer Seung-yoon Lee said the project is redefining the use of IP assets and related reward structures through on-chain technology as a "programmable IP infrastructure" designed to reshape the registration, licensing and monetization of intellectual property in the AI era. He added that he hopes the event will draw more interest in the IP token and lift its trading volume on Bithumb.

Story issued the IP token in February 2025. It is now listed on South Korean exchanges including Bithumb, Upbit and Coinone, as well as overseas platforms including Coinbase, OKX, Bybit and KuCoin.