Story collaborates with '17 million users' OGQ for global IP distribution

The blockchain-based intellectual property (IP) platform Story (IP) announced on the 29th that it is partnering with South Korea's leading creator platform OGQ to build a global creative ecosystem for content monetization.

Through this collaboration, Story will integrate global IP content and characters registered on its platform with the OGQ platform. This enables fans to participate in secondary creation and merchandise production using the content, and creators can receive part of the resulting revenue as compensation.

OGQ creators can register their self-produced content, such as webtoons, illustrations, and music, on the Story platform to showcase it to fans worldwide and pursue monetization in the global market.

Story is a blockchain-based IP platform founded by Seungyoon Lee, who previously founded the web novel platform Radish, and has drawn attention by attracting investment from global investment firms such as a16z. OGQ is a leading South Korean creator platform with 17 million users and 1.3 million creators. It operates the 'Naver OGQ Market' and the creative community platform 'OGQ Grafolio', and collaborates with global companies such as Adobe and Getty Images.

Seungyoon Lee, CEO of Story, said, "This collaboration with OGQ not only provides creators with opportunities to go global, but also opens a new horizon where 'content becomes an asset' by expanding the fandom-based creative ecosystem. We hope this will lead to a more expanded IP economy in which not only large corporations but also individual creators and fans actively participate."