"Through deep integration with Stroy Protocol Layer1, D3X has not only expanded the boundaries and narrative direction of the ecosystem but is also becoming a promoter of the new wave of IPFi."
D3X is an on-chain trading ecosystem with AI capabilities, where its AI engine can provide real-time insights into all data indicators in the on-chain market, including on-chain trading data indicators, market sentiment (bullish, bearish), sudden events, etc., and respond to market changes at millisecond speed.
The D3X ecosystem product D3X Exchange can provide trading for both spot and on-chain perpetual contracts, while this DEX integrates the AI solutions of the D3X system and can serve as an intelligent insight assistant for users in the crypto market.
By integrating with D3X's AI intelligent trading engine, D3X Exchange has launched a brand new trading assistance feature that can collect and analyze on-chain data in real-time, objectively, and comprehensively to determine trends. Additionally, it can tailor trading, investment, and financial advice for users by deeply analyzing their personal financial situations, risk preferences, and investment goals to maximize returns.
For example, an investor who frequently trades crypto derivatives can set potential trading conditions, such as closing or opening a position when the price reaches XX. The trading assistance tool will then recommend buy or sell signals based on the user's preferences combined with market trends when specific conditions are met. Based on this, the underlying AI components of D3X Exchange will continuously train, infer, and innovate the AI strategy library to achieve ongoing improvements in trading decisions and indicators. Meanwhile, with user authorization, the AI assistant of D3X Exchange can further replace users in executing strategy trades to ensure users' time value and maximize returns.
In this new market development phase, D3X is expanding towards the Story Protocol ecosystem, not only as the native DEX in the early development of the Story Protocol ecosystem, serving as an important liquidity hub, but also carrying the significant mission of the Story native project Launchpad.
Expanding towards the Stroy Protocol ecosystem, D3X becomes a supporter of the IPFi wave.
The narrative of Stroy Protocol
Jason, the founder of Stroy Protocol, expressed his recognition of DeFi innovation in a previous interview, believing that DeFi brings new composability and programmability to assets, rather than being static forms that can only serve as payment means like traditional assets.
In fact, Stroy Protocol sees the composability potential of DeFi and hopes to make IP more composable, programmable, and accessible, while codifying laws and rules so that IP creators can continuously receive copyright protection and long-term revenue. To this end, Stroy Protocol has built a Layer1 focused on on-chain programmable IP, allowing creators to combine, reconstruct, and monetize their works according to on-chain rules, using blockchain as a carrier to truly transform code into law in a Web3 manner.
Essentially, Stroy Protocol is a Layer1, but it has established a programmable IP layer on-chain, supporting creators and applications to register their IP on Story Protocol and convert their static IP into programmable IP by declaring a set of on-chain rights, which any program can read and write. This means that with Story, IP will be confirmed on-chain and can be edited and applied in various scenarios as assets, while IP creators can continuously profit according to the established rules of the contract.
Story Protocol is setting a simple, composable, and fully on-chain standard for IP information and rights, gathering global IP on-chain. As more IPs are registered on Story Protocol, it will also become a universal IP ledger, allowing developers and creators to explore and remix creative works through simple API calls and profit from them, thus eliminating unnecessary intermediary actions.
In fact, since the internet has spurred the influencer economy and self-media, the potential of every creator's IP has been deeply released, but the value has not fully pointed to the creators. Story Protocol provides a new channel for more creative small and medium-sized creators, aiming to further maximize value through IPFi by assetizing IP in a low-threshold Web3 manner, becoming the best beneficiaries. In this new economic value system, the creativity of creators will also be deeply unlocked.
Similarly, top IPs like Marvel and Pokémon can generate over a hundred billion dollars in revenue for their respective companies each year, and as an important container for the Web3 transformation of IP, Story Protocol is expected to carry a trillion-dollar value in the future.
In August of this year, Stroy Protocol announced the completion of an $80 million Series B financing round, led by a16z, with participants including Polychain Capital, and individual investors such as Scott Trowbridge, Senior Vice President and Board Member of Stability AI, Adrian Cheng, founder of K11 and billionaire, and digital art collector Cozomo de' Medici.
Considering that last year Stroy Protocol also received $29.3 million in seed funding and $25 million in Series A funding led by a16z, other core investors include Hashed, the largest blockchain fund in South Korea, Endeavor, the agency behind Gu Ailing, Samsung Next, the investment arm of Samsung, and the world's largest Crypto accelerator Alliance.
Overall, Story's total historical financing has reached $140 million, becoming one of the representative projects in the crypto market that has received substantial financing. As a project heavily invested by a16z, Story Protocol is also receiving high attention and optimism from the market regarding its narrative direction and future development potential.
In the early development of the Stroy Protocol ecosystem, D3X is currently expanding towards Stroy Protocol and has launched a native DEX based on Story Layer1, aiming to become an early promoter of the new wave of IPFi while further expanding the narrative direction of the D3X ecosystem.
In the early development of the Stroy Protocol ecosystem, D3X has become one of the earliest partners of this ecosystem.
In-depth expansion towards Stroy Protocol
D3X is currently expanding towards Stroy Protocol and has launched a native DEX based on Story Layer1, aiming to become an early promoter of the new wave of IPFi while further expanding the narrative direction of the D3X ecosystem.
Through the expansion towards Story, D3X hopes to launch a derivatives DEX with LaunchPad functionality, providing a series of market-oriented functions including Launch and derivatives trading for assetized IP on Story. Similarly, with the support of the Story IP layer, all IP assets launched on D3X can also ensure confirmability and authorization from the source. D3X is also providing the initial application scenarios for Story's IPFi ecosystem.
In fact, under the current meme wave, Pump.fun on Solana is becoming one of the important promoters, supporting all users to issue memes at a low threshold and directly launch them on the platform for the secondary market. However, we see that many assets on Pump.fun often have very short lifespans, and very few memes can emerge. Although Pump.fun has set some security mechanisms to prevent fraud, it does not limit the content issued by issuers, allowing them to freely use different IPs to issue assets.
For example, when we search for BAN on Pump.fun, we find numerous BANs, and some BANs even have very similar logos. The abuse of IP leads to a flood of similar meme assets, which inevitably results in most assets facing the risk of a sharp decline in the short term. Similarly, profiting from the unauthorized use of others' IP is also unfair to the original creators of the IP.
D3X is building a DEX with LaunchPad functionality based on Stroy's IP layer, providing a foundation for the originality and confirmability of IP through deep integration with the underlying Story. Users can use the content from the IP library of Stroy's underlying layer, edit it after obtaining authorization, and the new content will need to pay royalties to the original IP creators, fundamentally eliminating the chaos of unauthorized IP abuse. Similarly, D3X will also conduct in-depth reviews of potential IP assets to be launched using AI and other technologies, and conduct background checks on creators to ensure that fraudulent activities do not occur.
For IP assets that meet the launch standards, D3X will provide a complete Fair Launch plan, offering commission schemes for creators and IP owners, executed through Story's modules. After the assets are issued and subscribed, D3X will also provide trading for IP assets, supporting users in providing liquidity for these assets.
For some high-quality IP assets with potential and good market performance, D3X will further provide derivatives trading, including options, perpetual contracts, etc., helping these IPs further endow some derivative characteristics.
In fact, through the guarantee of confirmability and the expansion of a series of derivative scenarios, D3X makes it easier to focus traffic, capital, and attention value on high-quality IPs, allowing some cultures and ideologies to be presented to the market as high-quality assets and maintain a stronger value.
Similarly, for D3X, it can be seen as one of the earliest builders, collaborators, and supporters of the Stroy ecosystem, and is also becoming part of the Story ecosystem. With the further rise of the narrative of Stroy Protocol, D3X is helping to ignite a new wave of IPFi renaissance.
Odyssey Testnet Activity
Currently, Stroy Protocol is in the Odyssey testnet phase, and Stroy Protocol has jointly launched a testnet activity with D3X. Users can test D3X's advanced features and receive the D3X x Story badge as OG supporters.
How to participate and receive the badge?
1/ Claim test tokens (IP) through Story Faucet: faucet.quicknode.com/story
2/ Claim testUSDT on D3X: story.d3x.exchange/trade
3/ Visit the task and claim here: story.d3x.exchange/odyssey-proposal