Web3 Push for Entertainment IP Accelerates as Major Players Enter Onchain Rights Management

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The move to bring entertainment IP onchain is gathering pace across the industry. Animoca Brands and Ibex Japan recently launched a Web3 entertainment fund to tokenize Japan’s vast anime and manga catalog, while PIP Labs’ Story Protocol is emerging as a major force in onchain IP infrastructure.
Story Protocol allows creators to tokenize content, encode usage rights and maintain control over derivative works. The project raised $80 million in a Series B led by a16z Crypto and Polychain in 2024.
The growing ecosystem highlights the entertainment industry’s shift toward tokenized rights management, where creators can finance, protect and distribute their IP through decentralized networks.

[Nahid Hossen]

Onchain IP rights could transform how creators protect and monetize their work.

[Abdul Khan]

Great to see major players finally embracing Web3-driven rights management.

[Abdul Khan]

Hoskinson’s renewed vision shows Cardano isn’t slowing down anytime soon.