PIP Labs

PIP Labs is an intellectual property infrastructure company that develops and advances Story, a Layer 1 network for IP, serving creators, rights holders and AI developers. It responds to generative AI consuming copyrighted material at scale without returning value to creators, because licensing terms and royalty rules are hard to express and enforce in machine-readable form.

Story is an EVM-compatible chain built on the Cosmos SDK. Core components include the Proof of Creativity protocol, the Programmable IP License known as PIL, and Poseidon, which supplies datasets with clear ownership, licensing and provenance. IP is registered on chain as an asset, derivatives are recorded in a parent-child lineage, a licensing module defines derivative rules and a royalty module distributes revenue along that lineage. Mainnet went live in February 2025, and in September 2025 the NFT project Azuki partnered with it to open derivative creation and commercialisation to holders.