How do you turn intellectual property into real income? @StoryProtocol has the answer: Royalty Module - enables automated revenue sharing across IP Assets (IPAs). Each asset has a Royalty Vault with 100 Royalty Tokens, each representing 1% of the asset’s total revenue. Two base models exist: • LAP (Liquid Absolute Percentage) → all derivatives share with the parent IP. • LRP (Liquid Relative Percentage) → only direct derivatives share with the parent IP. But real-world cases often need more flexibility. That’s where External Royalty Policy comes in. This is a custom smart contract defining unique rules such as: • Dynamic percentages • Revenue thresholds • Priority payback for investors. For Example - Investor puts $1M into a pharma product. The first $1M profit goes entirely to them. Afterwards, profits are split 70% to the scientist and 30% to the investor. @StoryProtocol turns IP into real financial assets and unlocks new flexibility for both creators and investors.