Layer 1 IP blockchain Story Protocol has introduced an innovative service, the 'Color' intellectual property marketplace, on their test network Story Iliad. This platform enables users to mint unique, colorful commemorative NFTs for free, providing a new way to showcase and trade intellectual property. This move not only expands the use cases for NFTs but also offers creators additional avenues for value realization. Prior to this, Story Protocol successfully completed a $80 million Series B funding round led by prominent venture capital firm a16z Crypto. Their first public testnet, Iliad, was launched on August 28, marking Story Protocol's ongoing efforts in driving the application and development of blockchain technology in the field of intellectual property.