Jason Zhao, co-founder of Story Protocol, is stepping away from his full-time role following over three years of development for the platform. Zhao announced on social media that he will continue as a strategic adviser while focusing his efforts on a new AI project named Poseidon, aimed at applying artificial intelligence in critical fields such as science, biopharma, robotics, and space.

Key Points:

• Zhao, who co-founded Story Protocol in 2021, is now transitioning leadership to SY Lee, who will serve as CEO.
• Under Zhao’s guidance, Story Protocol has garnered over $130 million in funding, and aims to facilitate programmable intellectual property on the blockchain.
• Zhao remarks that his new venture rekindles his passion for AI, reminiscent of his time at DeepMind.

“After 3.5 years building Story from scratch, I’m stepping out of my full-time role. I’ll stay closely involved as a strategic advisor. While incubating Poseidon, I rekindled my original passion from my DeepMind days: applying AI to frontier industries like science and space.” — Jason Zhao

Zhao’s remarks highlight the transformative potential of language generation and AI across various sectors.

Additionally, Story Protocol’s token (IP) is currently trading above $5.80, reflecting growth in its market presence.