Will $IP Launch with a FDV of $20 Billion? Of Which 58.4% of the $IP Tokens Will Be Allocated to the Community to Support Ecological Development?

Here is a discussion on token economics and price predictions. "Wait, what is $IP?" In simple terms, $IP is a token for Intellectual Property, launched by

defizard X account discusses the upcoming launch of $IP token by StoryProtocol, highlighting its use cases, tokenomics, and potential price predictions.

Here are the key takeaways from the thread:

1. $IP is a token for Intellectual Property, launched by StoryProtocol.

2. Intellectual Property covers a wide range, including patents, trademarks, copyrights, trade secrets, design rights, and plant breeder's rights.

3. StoryProtocol aims to make Intellectual Property programmable through tokenization.

4. A portion of $IP will be burned in each transaction.

5. Since StoryProtocol is an L1, we can compare it with other L1 projects like ETH, BNB, ADA, SOL, and MATIC.

6. If we compare FDV and market cap, the price of $IP could be in the range of $0.1 - $10.

7. There is a pre-market for $IP on Bybit_Official, where the trading price of $IP is $3.15.