Story Protocol Partners with Ritual to Monetize and Track AI Models and Outputs

According to Blockworks, intellectual property-focused Story Protocol is partnering with decentralized AI protocol Ritual to make AI models and outputs trackable and monetizable. The collaboration aims to create intellectual property graphs where developers can see how their AI models are being deployed and fine-tuned. They also want to ensure that content produced by AI models is watermarked and tracked on-chain. This partnership is the latest attempt at integrating blockchain technology into the lucrative world of AI development. AI models, like OpenAI’s ChatGPT, have rapidly improved in their ability to draw conclusions and generate content. However, their creators often lack information as to how and by whom the models are being used. Story Protocol makes creation and monetization involving intellectual property easier through blockchain tech, with this AI project being one of its early use cases. Ritual helps inferences, or conclusions that AI models make when given new data, interact with smart contracts on-chain. It developed a software development kit (SDK) for its so-called Infernet that brings off-chain compute on-chain. Through the Story-Ritual collaboration, developers will be able to set rules for how their AI models powered by Ritual’s Infernet are being utilized downstream, and also set terms for how the AI model’s outputs are used. Blockchain’s potential for AI model development is an ongoing subject of interest in the crypto world. Ethereum co-founder Vitalik Buterin enumerated some possible integrations in a blog post. Among the more popular ideas, one approach involves leveraging blockchains to authenticate the content used for training AI models or generated by them. Story is betting that as more content is created with the help of AI, a market will emerge for a protocol governing ownership of the models and outputs.