Story delays $IP token supply unlock as usage lags and dump fears grow

Team and investor tokens now set to unlock in August 2026 as the IP-focused blockchain moves to slow new supply, tighten token economics and buy time to build network usage amid weak market sentiment. What to know : Story has postponed the first major unlock of its $IP token by six months, moving the release of team, investor and early contributor tokens from February 2026 to August 2026 to slow the pace of new supply. The project said the delay, enforced via an automated smart contract, does not change total supply or individual allocations and is meant to better align with the community while introducing liquidity more gradually amid a weak market for the token. Story’s $IP token, valued at about $500 million despite generating less than $100 in daily on-chain revenue, has fallen roughly 32 percent over the past month, deepening concerns about low-activity, high-valuation crypto launches and their token unlock practices.