Storify is a social network somewhere between Twitter and a blog. It has the following and connecting structure we know from Twitter. But instead of small messages you can share complete posts. When creating a post you can use full HTML features, including creating links. These links will have a nofollow tag when they are published, making them less relevant for link building.
When using Storify as social network, by following and being followed, it will have a greater potential for link building. When sharing great content that links to your website, others will follow. Creating new blogs and articles on their websites, linking to the useful content on your website you pointed out on Storify.
If you use Conversion Analytics, you can track traffic from this souce by add #ct-storify to your urls when submitting the url.
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Linkbuilding using social media in general
Most of the social networks will generate useful backlinks. Although links from Twitter and Facebook will give you a short boost on your position in Google, the effect will not last. This does not mean social media is useless for linkbuilding. On the contrary! Most backlinks to popular websites are not generated or requested by the webmasters them selfs, but by enthusiastic visitors. So use social media to activly promote your website. If your website proves to be interesting enough to visitors, the first links on other websites and weblogs should start to appear within a month!
More linkbuilding recourses in social media