Tuesday, March 11, 2025

Kraken Lists Story Protocol (IP) and Unicorn Fart Dust (UFD) for Trading

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KEY TAKEAWAYS

  • Kraken has launched trading for Story Protocol (IP) and Unicorn Fart Dust (UFD), expanding its cryptocurrency offerings.
  • Story Protocol (IP) is a blockchain platform for managing intellectual property, featuring programmable licenses and on-chain IP validation.
  • Unicorn Fart Dust (UFD) is a meme-based cryptocurrency with deflationary tokenomics, supporting NFTs and play-to-earn gaming.
  • Kraken plans to list more assets in the future, with announcements made on their Listings Roadmap and social media.

Kraken has announced the addition of two new cryptocurrencies, Story Protocol (IP) and Unicorn Fart Dust (UFD), to its trading platform. Trading for these assets went live at 15:00 UTC on March 10, 2025. The announcement was made here.

To begin trading these assets, users can navigate to the Funding section of their Kraken account, select the desired asset, and proceed with the deposit. It is crucial for users to deposit tokens into networks supported by Kraken, as deposits made using unsupported networks will be lost.

Understanding Story Protocol (IP) and Unicorn Fart Dust (UFD)

Story Protocol (IP) is a layer-1 blockchain designed for intellectual property management. It allows creators to register, monetize, and control IP rights transparently. The platform supports programmable licenses, enabling transactions involving images, music, AI data, and more. With features like on-chain IP validation and ERC-6551 token-bound accounts, Story Protocol aims to transform the global exchange of knowledge and creativity.

Unicorn Fart Dust (UFD) is a meme-based cryptocurrency that combines humor with utility. It is supported by a vibrant community and facilitates tipping, NFTs, and play-to-earn gaming. UFD’s deflationary tokenomics and viral potential make it a unique digital asset for those who appreciate the blend of magic and memes on the blockchain.

Trading Conditions and Future Listings

Trading via the Kraken App and Instant Buy will become available once liquidity conditions are met, ensuring that a sufficient number of buyers and sellers are present for efficient order matching. Users should also be aware that geographic restrictions may apply.

Kraken has indicated that more assets will be made available in the future, although specific details about upcoming listings are not disclosed until shortly before launch. All of Kraken’s available tokens can be found on their platform, with future tokens announced on their Listings Roadmap and social media profiles.


Disclaimer: The views expressed in this article are those of the authors and do not necessarily reflect the official policy of CoinsHolder. Content, including that generated with the help of AI, is for informational purposes only and is not intended as legal, financial, or professional advice. Readers should do their research before taking any actions related to the company and carry full responsibility for their decisions.
Neel Kapoor
Neel Kapoor
Neel Kapoor is a dedicated cryptocurrency enthusiast and blockchain expert at Coinsholder.com. With over a decade of experience, Neel offers insightful analysis and commentary on the latest trends and innovations in the crypto space. His clear and concise writing makes complex topics accessible to all readers.

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