Story Protocol IPFi Director Bu Fa: Definition and Three Practice Phases of IPFi | FAT Awards 2024
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Odaily Odaily News: On September 16, at the annual "FAT Awards 2024" hosted by Odaily Odaily and co-organized by Bitget. Bu Fan, head of Story Protocol IPFi, defines IPFi as: supporting financial market activities (storing and transferring asset value) in the IP field and building an open and trustless financial ecosystem. In practice, Bu Fan believes that IPFi has three stages: the first stage still retains the core goals and functions of DeFi; the second stage begins to experiment with new token forms, empowering IP with new tokens and methodologies; the third stage may develop into structured IPFi, concrete IPFi services for creators, and the token form is more derivative, or develop into experimental IPFi, providing IP services with purely new mechanisms, focusing on serving the long-term ecological needs of IP.
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