Story Protocol has postponed its token launch by six months.

Story Protocol has postponed its first major IP token launch by six months until August 2026. During this period, the team and investors will have their tokens locked. The project aims to increase its use case.

SY Lee, co-founder, stated that the low on-chain revenue figures are misleading. Story's business model is primarily based on licensing human-generated data sets for artificial intelligence training. Therefore, he emphasized that this model is a priority over gas fees.

The project is undergoing a transformation from tokenized media to "unsolvable" human-contributed data and corporate licensing agreements. This shift may slow down visible on-chain revenues, but it aims to signal long-term commitment and reduce excess in token supply.