Story Protocol co-founder Jason Zhao steps back to pursue new AI-Venture

Jason Zhao, co -founder of intellectual Property Blockchain Project Story Protocol, goes away from his full -time role after more than three years of building the platform.

Zhao announced via a social media post that he will remain as a strategic advisor while turning his focus to a new AI initiative, Poseidon, which uses artificial intelligence on border industries such as science, biofarma, robotics and space.

“Language generation is just the initial wave of a cascade of ample intelligence across fields … that if successful will constitute a new industrial revolution,” Zhao said in a post on X.

Zhao launched Story Protocol in 2021 as a way of making intellectual ownership of “programmable” that allows the rights holders to register and make money on content directly on the chain.

The project has since secured more than $ 130 million in venture financing from backers, including A16Z.

Leadership will now go fully to co -founder Sy Lee as CEO together with Andrea as Chief Product Officer and Sandeep as Chief AI Officer.

Zhao said he will remain close to history through partnerships and investments and call the project “the most meaningful experience of my life.”

Story Protocol’s token, IP, trades over $ 5.80, an increase of 2% a day.

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