The Blockchain-Powered Encyclopedia is Live

Last Updated on Aug 10, 2018 at 11:13 AM

The blockchain-based encyclopedia is live. Get rewarded in IQ Tokens for writing new articles or editing existing ones.

The blockchain-powered competitor of Wikipedia is live since Thursday. Everipedia is a decentralized concept that lets users get paid in IQ Tokens for their involvement, whether we are talking about adding or editing an article. By collecting a specific amount of tokens, it will allow the owners to “participate and vote on network governance issues“.

The team behind the Everipedia platform wants the new blockchain encyclopedia concept to be autonomous from donations or ads, while the integration of a decentralized protocol makes the platform “uncensorable.”

Everipedia to have a new blockchain URL

Everipedia was founded in 2014 and launched online in 2015 by Mahbod Moghadam, Theodor Forselius, Sam Kazemian, George Beall, Christian Deciga, Travis Moore in Los Angeles, United States. Currently, it’s the “world’s largest English encyclopedia by content”.

The launch of the mainnet means that the original platform’ web address will switch on a blockchain-based new URL. Presently, the famous encyclopedia is based on the EOS network. Back in March, the platform revealed its intention to distribute IQ tokens via an airdrop. At that time, any EOS tokens owner could convert the funds into IQ tokens.

Everipedia CEO Theodor Forselius claimed at that time:

“We’re delighted to share the airdrop date with our growing Everipedia community and look forward to further disrupting and democratizing the traditional encyclopedia model.”

Larry Sanger, co-founder of the blockchain-based startup, a former Wikipedia collaborator and a pride of Everipedia stated on the new release:

“We are elated to release our minimum viable network which allows users to vote on and create articles in a decentralized manner for the first time.”

According to CoinMarketCap, IQ tokens registered a 24-hour traded volume of $3,133,999 and is traded at $0.019617, up 8.46%.

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