Aria (ARIA), allocates '10%' of token issuance to Story (IP) community

"Reflecting explosive support from the Story ecosystem"

"Significantly expanding incentives for IP holders"

Blockchain-based IP (intellectual property) finance platform Aria Protocol announced on the 1st that it will substantially raise the allocation ratio of its token 'ARIAIP' to the Story (IP) community to 10% of the total issuance. Reflecting the explosive participation and support of users within the Story ecosystem, the strategy is to strengthen a community-centered token economy structure.

Aria wrote on its X (formerly Twitter), "Aria could not have existed without Story," adding, "We are increasing the allocation of ARIAIP for the IP community from the existing 2% to 10%."

It went on to explain that the decision was prompted by "the amazing participation and passion shown by the IP community at the event held in Seoul." The Aria community meet-up held in Seoul that day drew about 1,200 domestic and international investors, creators, and IP token holders, making it a great success.

Aria is tokenizing global music intellectual property (IP) to create an ecosystem where ordinary investors and fans can directly participate in copyright revenues. Based on this decision, Aria plans to strengthen ties with Story and further solidify the structure for distributing and financializing music IP in the global market.

Aria is the world's first IP-based finance platform built on the Story blockchain. It recently made headlines by acquiring the music IPs of global artists such as Justin Bieber, Miley Cyrus, BTS (Bangtan Sonyeondan), and BLACKPINK.

Aria is led by Wall Street financial experts and IP lawyers and entertainment professionals with over 20 years of experience in the music industry. Its goal is to convert the existing music royalty market, previously accessible only to private equity or some large corporations, into transparent, tradable blockchain-based assets.

An Aria official explained, "Amid the explosive spread of AI-generated content and growing demand for reliable 'real' content, Aria is recording copyrights, licenses, and royalty distributions on the blockchain to open a new data and creative economy that anyone can participate in with confidence."