Summary:
Jason Zhao, co-founder of the blockchain-based intellectual property platform Story Protocol, is stepping down from his full-time role to focus on a new AI venture, Poseidon. Poseidon aims to apply artificial intelligence to industries like science, biopharma, robotics, and space. Zhao will remain a strategic advisor to Story Protocol, which he co-founded in 2021 to make IP “programmable” and enable creators to monetize content on-chain. The platform has secured over $130 million in funding, with leadership transitioning to co-founder SY Lee.
What This Means for You:
- Innovation in AI: Zhao’s shift to Poseidon signals a growing focus on AI applications in frontier industries, which could lead to groundbreaking advancements in science and technology.
- Story Protocol’s Future: With SY Lee taking the helm, Story Protocol’s vision of decentralized IP management will continue, offering creators new ways to protect and monetize their work.
- Investment Opportunities: Zhao’s continued involvement in both projects could create synergistic opportunities for investors and stakeholders in blockchain and AI sectors.
- Watch for AI Disruption: Poseidon’s focus on AI-driven solutions may accelerate innovation in fields like biopharma and robotics, potentially reshaping these industries.
Story Protocol Co-Founder Jason Zhao Steps Back to Pursue New AI Venture:
Jason Zhao, co-founder of intellectual property blockchain project Story Protocol, is stepping away from his full-time role after more than three years of building the platform.
Zhao announced via a social media post that he will remain as a strategic adviser while turning his focus to a new AI initiative, Poseidon, which applies artificial intelligence to frontier industries such as science, biopharma, robotics, and space.
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.… pic.twitter.com/fd8J0c9uSO
— Jason Zhao (@jasonjzhao) August 16, 2025
“Language generation is just the initial wave of a cascade of abundant intelligence across fields… that, if successful, will constitute a new Industrial Revolution,” Zhao said in a post on X.
Zhao launched Story Protocol in 2021 as a way to make intellectual property “programmable,” enabling rights holders to register and monetize content directly on-chain.
The project has since secured more than $130 million in venture funding from backers, including a16z.
Leadership will now pass fully to co-founder SY Lee as CEO, alongside Andrea as chief product officer and Sandeep as chief AI officer.
Zhao said he will remain close to Story through partnerships and investment, calling the project “the most meaningful experience of my life.”
Story Protocol’s token, IP, is trading above $5.80, up 2% on-day.
Extra Information:
Story Protocol Launch: Learn more about the platform’s mission to revolutionize IP management through blockchain technology.
DeepMind: Explore the AI research organization where Zhao previously worked, which has pioneered advancements in artificial intelligence.
People Also Ask About:
- What is Story Protocol? A blockchain platform that enables creators to register and monetize intellectual property on-chain.
- What is Poseidon? Jason Zhao’s new AI venture focused on applying artificial intelligence to frontier industries.
- Who is SY Lee? The co-founder and new CEO of Story Protocol.
- What industries does Poseidon target? Science, biopharma, robotics, and space.
- How much funding has Story Protocol secured? Over $130 million from investors like a16z.
Expert Opinion:
Jason Zhao’s move from Story Protocol to Poseidon underscores the growing convergence of blockchain and AI technologies. His dual focus on decentralized IP management and AI-driven innovation positions him at the forefront of two transformative industries, with potential to drive significant advancements in both fields.
Key Terms:
- Blockchain-based IP management
- Artificial intelligence in biopharma
- Decentralized content monetization
- AI-driven robotics innovation
- Venture funding in tech startups
- Frontier industries and AI
- Story Protocol token (IP)
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