Staking on IP Assets

Problem

A problem with registered IP Assets is that they may unintentionally or deliberately violate existing IPs on the network, posing risks for existing IP holders and future creators. For example, if you came across a comic with a compelling superhero character and decided to create a new comic using that character's persona and background, you would register a derivative IP based on the original IP and mint a license tailored to your needs. However, if it turns out that the original IP infringes on another existing IP, that original IP and your derivative IP will both be frozen, rendering your time and money wasted. To prevent the above situations and especially with the ease of registering IPs onto Story leading to potentially malicious actors intentionally registering illegitimate IPs, there needs to be a metric indicating the degree of an IP's validity.

Solution

Just as liquid staking enables users to participate in network security, IP asset re-staking allows them to signal the value and legitimacy of their favorite assets. Creators can register their IP assets with Verio, and offer incentives to reward users for staking on them.

In Verio’s IP asset re-staking system, stake weight serves as a powerful filter for determining the legitimacy and credibility of an IP. Since fraudulent or infringing IPs pose significant risks—both for original creators and derivative works—using stake as a decentralized legitimacy signal helps mitigate these issues without relying on centralized enforcement.