Lombard and Story Join Forces to Transform the Creator Economy with Bitcoin-Backed Solutions

Strategic Partnership: Lombard, a leading Bitcoin DeFi platform, has partnered with Story, a blockchain focused on programmable intellectual property, to enhance how creators protect and monetize their work using Bitcoin-backed financial products, addressing issues of slow and opaque payout systems.

Innovative Financial Solutions: The collaboration will introduce Bitcoin revenue distribution for instant royalty payments and crypto-economic IP security, allowing creators to secure their intellectual property with Bitcoin collateral, thus providing automated resolutions for disputes and enhancing financial guarantees.

Impact on the Korean Market: This partnership is particularly significant in Korea, a leading creator economy, where both companies aim to transform the landscape for cultural IP exports, leveraging Story's recent onboarding of major Korean IPs and Lombard's growing presence in the market.

Future of Intellectual Property: Story's blockchain aims to make intellectual property programmable and enforceable, while Lombard's financial innovations are set to redefine the monetization and protection of creative assets, paving the way for a more equitable and efficient creative economy.