Story Protocol ($IP) Delays Token Unlock Amid Low Usage and Market Concerns

Story Protocol, a blockchain-based IP infrastructure project, has announced a delay in the unlocking of its $IP token supply. The decision comes as the platform experiences slower-than-expected user adoption, coupled with growing fears of a potential market sell-off (dump) if a large volume of tokens were to be released on schedule. The team aims to align token distribution with genuine network growth and usage metrics to ensure long-term ecosystem stability. This move is seen as a proactive measure to mitigate selling pressure and protect token value in a volatile market environment.