Story postpones token unlock for investors, team by 6 months

Story (IP), a blockchain-based intellectual property project, has postponed the token unlock for its early investors and team by six months, from February to August, The Korea Economic Daily reported. Pen Technology Inc., the developer of Story, recently informed major investors via email about the delay. The company cited the need to avoid the predictable selling behavior and unnecessary downward price pressure that often occurs ahead of token unlocks as the reason for the decision.