- Story ($IP) advances blockchain-based IP registration and licensing ahead of its TGE in February 2025.
- OKB sees increased adoption as OKX expands trading features and passive income opportunities.
- Pi Network’s PiFest 2024 showcases growing global merchant adoption for real-world transactions.
This week, Story ($IP), OKB and Pi Network recorded notable growth in the blockchain and cryptocurrency markets. These projects demonstrated strong advancements in adoption, ecosystem expansion and strategic initiatives, positioning them as key players in their respective sectors.
Story ($IP) Expands Blockchain-Based IP Management
Source: Coinmarketcap
Story ($IP) continues to gain traction as a Layer 1 blockchain focused on intellectual property (IP) management. The project enables creators to securely register digital assets while licensing and monetizing them through an established framework. The project’s structure enables shareholders to make decisions together and network security increases through the integration of staking features. IP token issuance sets a maximum supply of 1 billion whereas an initial distribution of 250 million tokens exists. Token transactions will support fees and licensing and serve for royalty money distribution. Story is in discussions with major exchanges like Coinbase and OKX for potential listings following its Token Generation Event (TGE) in February 2025.
OKB(OKB) Gains Momentum Amid Exchange Growth
Source: Coinmarketcap
OKB utility token has achieved higher adoption rates on the OKX exchange because traders use it to get reduced fees and participate in governance and earn passive income. The OKX ecosystem functions through its token which enables users to trade margin, derivative products as well as execute spot trades.
The possession of OKB tokens by users grants them lower trading fees alongside special platform features. The platform continues to develop its trading tools such as algorithmic trading and Jumpstart token sales which advances the significance of OKB tokens inside the exchange’s operations.
Pi Network($PI) Strengthens Decentralized Ecosystem
Source: Coinmarketcap
The blockchain ecosystem of Pi Network enables users to purchase goods employing Pi for service transactions. The project operates under a single account policy which gets verified through Know Your Customer (KYC) system to support fair access for all users.
The PiFest 2024 showcased a rapidly evolving platform as it recorded 27,000 active sellers and 28,000 test merchants operating across 160 countries. The connection between Pi Wallet and Pi Browser serves to boost accessibility levels of consumers and their overall engagement with the platform.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
