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Everipedia
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Everipedia (/ˌɛvərɪˈpiːdiə/), renamed IQ.wiki in 2022,[3] is a blockchain-based online encyclopedia, originally designed as a general purpose reference but has pivoted to focus on the cryptocurrency space. Everipedia was founded in 2014 and was officially launched in 2015, as a fork of Wikipedia. Larry Sanger (who co-founded Wikipedia) joined the company in 2017,[4] and resigned in 2019.
Key Information
The company was initially headquartered in Westwood, Los Angeles but has since relocated to Santa Monica, California.[5] The site depicts itself as "The World's Largest Blockchain & Crypto Encyclopedia" and formerly as "everyone's encyclopedia".[6][7][8][9]
History
[edit]Everipedia (2014–2022)
[edit]Everipedia, a portmanteau of "Everyone's Encyclopedia", began in December 2014 as a small project of Sam Kazemian and Theodor Forselius in Kazemian's college dormitory room at University of California, Los Angeles (UCLA).[10][5][11]
The encyclopedia launched in January 2015[12][6] as a fork of Wikipedia. Travis Moore joined the company as a co-founder in the winter of 2015 and Mahbod Moghadam joined as a co-founder in July 2015.[5][11]
The company raised capital and received funding from angel investors. In July 2015, the company got its first seed funding from Mucker Capital[5] and raised close to $130,000 from 201 investors on Wefunder.[13] In October 2015, George Beall was introduced to Everipedia at a presentation in California State University, San Bernardino.[14] After selling his technology start-up Touch Tiles in January 2016, Beall joined the group of co-founders.[10] In 2016, the site generated most of its revenue from advertisements.[5] The company aims to generate income through ways apart from donations or banners.[15]
In January 2017, they had eight full-time workers including two developers.[16] By February 2018, headcount had increased to 15 full-time workers.[17] As of January 2017[update], they raised $700,000 from angel investors.[16] It was announced on February 8, 2018, that the company raised $30 million in funding headed by Galaxy Digital's EOS.io Ecosystem Fund.[18] In December 2017, Everipedia announced that co-founder of Wikipedia, Larry Sanger, had become the chief information officer of Everipedia.[19][20] On October 18, 2019, Sanger announced his resignation from this position.[21]
The majority of Everipedia's articles were copied from Wikipedia and promotional material about cryptocurrency and can still be accessed on the former domain.[22]
Inactivation and archival (2022–present)
[edit]Everipedia was converted to a read-only archive in October 2022. Its parent company, IQ, has created a new crypto-only encyclopedia called IQ.wiki.[23]
Products
[edit]IQ token symbol | |
| Denominations | |
|---|---|
| Code | IQ |
| Development | |
| White paper | Whitepaper |
| Code repository | EveripediaNetwork |
| Development status | Active |
| Developer | everipedia.org |
| Ledger | |
| Supply limit | 21,000,000,000 |
| Website | |
| Website | iq |
Blockchain signatures
[edit]On December 6, 2017, the company announced plans to move to generating edits and storing information using the EOS blockchain.[24] After the blockchain is implemented, the company plans to convert the points into a token currency.[25] The tokenized system would let every user become a stakeholder in the wiki network. Each editor will put their token into play for each edit.[25] If their contribution is accepted, the user gets back the token, which will have obtained value in proportion to the content added.[25] If the edit is not accepted, the user does not get their token back.[4]
Everipedia launched on the EOS blockchain on August 9, 2018.[26] Everipedia says the blockchain model does not have centralized servers, therefore eliminating the cost of servers.[27] As Everipedia is decentralized via blockchain, Forselius claims that it is not possible for governments to censor Everipedia by its assigned server IP addresses.[28][29][30] On November 3, 2020, the Associated Press began publishing incoming results from that day's 2020 United States presidential election onto the Ethereum and EOS blockchains using the Everipedia OraQle.[31] As of 2022, the company no longer registers signatures on the EOS blockchain and has since been using the Polygon blockchain to generate edits and store information. Polygon allows the signatures to be recorded without any gas fees, unlike other blockchains. The company has plans to support Ethereum and Binance Smart Chain in the future.
Content and users
[edit]This section needs to be updated. (November 2022) |
Everipedia adapted social media elements such as letting celebrities communicate with fans,[32] and allowing users to create pages on any topic as long as the content is cited and neutral.[5][33]
In March 2016, Everipedia had 200,000 published pages.[10] As of October 2017[update], the majority of pages on Everipedia were copies of Wikipedia articles.[34] In 2022, cryptocurrency critic and Wikipedia editor Molly White said that Everipedia "is largely still a graveyard of content they've just scraped off Wikipedia, articles that people have written about themselves, and, increasingly, crypto spam."[35] Everipedia reportedly utilized a live Internet bot to monitor Wikipedia for changes, synchronizing such changes but giving preference to local edits on Everipedia.[4]
Everipedia allowed for a larger range of articles than Wikipedia, as the English Wikipedia's notability guidelines are stricter than Everipedia's. Everipedia did not allow censorship on any topic for sourced articles.[36]
There are communities in Brazil, China, Germany, and India.[16] The company said in 2017 that Everipedia had 17,000 registered editors and 2,000 active editors as well as 3 million monthly users.[4] In 2019, Kazemian said there were 7,000 active editors.[37]
Several dozen vandals were banned from Everipedia.[33] In a 2017 interview with Boing Boing, Kazemian claimed that the Everipedia community normally identified a vandal within five minutes.[33] The company had a group of editors who reviewed activity on the site and deleted content that they considered suspicious.[10]
The site frequently focused on trending topics,[36] with the few articles created by users of the site mostly being about sensational topics such as YouTubers, memes, activists, white supremacists, and police shooting victims.[34] The site was criticized for initially presenting false information in wiki pages on breaking news topics.[34] The incidents included identifying innocent people as perpetrators of the 2017 Las Vegas shooting[38] and the United Express Flight 3411 incident.[7] Jeff John Roberts of The Outline raised concerns about the privacy ramifications of Everipedia, which developed many of its articles by gathering content from social media, creating publicly visible entries on non-notable individuals. Roberts also noted that trolls used Everipedia to promote conspiracy theories and defamatory comments.[39]
Everipedia previously offered a service for a monthly fee that allows for users and businesses to create tailored Everipedia entries that get "full-time monitoring for updates and preventing vandalism".[34]
See also
[edit]References
[edit]- ^ "Wikipedia-grundare ansluter till utmanare startad av svensk 22-åring". digital.di.se (in Swedish). December 14, 2017.
- ^ Caballero, Lucía (April 2, 2018). "De fundar Wikipedia a competir con ella: "Lo podemos hacer mucho mejor"". elDiario.
- ^ a b Loizos, Connie (April 7, 2024). "Mahbod Moghadam, who rose to fame as the co-founder of Genius, has died". TechCrunch. Retrieved April 7, 2024.
- ^ a b c d Rubin, Peter (December 6, 2017). "The Wikipedia Competitor That's Harnessing Blockchain For Epistemological Supremacy". Wired. Archived from the original on December 6, 2017.
- ^ a b c d e f Bowman, Bryan (December 7, 2016). "From UMass to Silicon Valley: An interview with 'Everipedia' founders". Amherst Wire. Archived from the original on December 22, 2017.
- ^ a b "Everipedia, everyone's encyclopedia". January 11, 2015. Archived from the original on January 11, 2015. Retrieved October 20, 2018.
- ^ a b Pierce, Matt (April 12, 2017). "No, the media did not identify the wrong David Dao as United's passenger". Los Angeles Times. Archived from the original on September 13, 2017.
- ^ "Company Overview of Everipedia, Inc". Bloomberg L.P. January 7, 2018. Archived from the original on December 15, 2017.
- ^ Kopańko, Karol (February 9, 2018). "Everipedia ma być Wikipedią na blockchainie, której nie można wyłączyć" [Everipedia is to be Wikipedia on Blockchain, which cannot be disabled] (in Polish). Spider's Web. Archived from the original on February 17, 2018.
- ^ a b c d "The Daily Pennsylvanian - | Wharton dropout creates Wikipedia alternative alongside Rap Genius co-founder". March 25, 2016. Archived from the original on March 25, 2016. Retrieved October 16, 2018.
- ^ a b Lindström, Emil (December 16, 2015). "Emil möter: Theodor Forselius" [Emil meets: Theodor Forselius] (in Swedish). Emil Lindström. Archived from the original on January 7, 2018.
- ^ "Novogratz's new fund, others invest $30 million in online encyclopedia - Reuters News - Breaking News". April 26, 2018. Archived from the original on April 26, 2018. Retrieved November 2, 2018.
- ^ Christian, Jon (November 30, 2017). "Who funds the crowdfunders?". The Outline. Archived from the original on December 25, 2017.
- ^ "Everipedia Co-founder Christian Deciga: From McDonald's to a Front Row Seat in 2020's Decentralized Finance (DeFi) renaissance". GlobeNewswire News Room (Press release). October 7, 2020. Retrieved January 11, 2021.
- ^ Wallenberg, Björn (February 26, 2018). "Meet the 22-year-old Swede with world-conquering plans for his crypto-remake of Wikipedia". Business Insider. Archived from the original on August 16, 2018. Retrieved April 29, 2018.
- ^ a b c Malankar, Nikhil (January 12, 2017). "Mahbod Moghadam: Journey From Rap Genius To Everipedia". Tell Me Nothing. Archived from the original on July 4, 2017.
- ^ "Meet the 22-year-old Swede with world-conquering plans for his crypto-remake of Wikipedia". nordic.businessinsider.com. February 26, 2018. Archived from the original on August 16, 2018. Retrieved October 17, 2018.
- ^ "Encyclopedia on blockchain 'Everipedia' raises $30M in new funding". EconoTimes. February 9, 2018. Archived from the original on February 17, 2018.
- ^ Patterson, Dan (December 8, 2017). "Why Wikipedia's cofounder wants to replace the online encyclopedia with the blockchain". TechRepublic. Archived from the original on January 25, 2018.
- ^ Brown, Leah (December 11, 2017). "Why Wikipedia's cofounder wants to replace the online encyclopedia with the blockchain". TechRepublic. Archived from the original on December 12, 2017.
- ^ Sanger, Larry (October 18, 2019). "Introducing the Encyclosphere". larrysanger.org. Archived from the original on November 20, 2020. Retrieved December 28, 2020.
- ^ Newton, Casey (February 16, 2022). "Why you can't rebuild Wikipedia with crypto". The Verge. Retrieved February 16, 2022.
- ^ Jankowski, Steve (October 2, 2023). "The Wikipedia imaginaire: a new media history beyond Wikipedia.org (2001–2022)". Internet Histories. 7 (4): 333–353. doi:10.1080/24701475.2023.2246261.
- ^ Andy (December 12, 2017). "Everipedia, l'encyclopédie en ligne basée sur la blockchain" [Everipedia, the online encyclopedia based on the blockchain] (in French). FZN. Archived from the original on December 24, 2017.
- ^ a b c "Un fondateur de Wikipédia passe à la concurrence" [Wikipedia founder goes to competition] (in French). 20 Minutes. December 7, 2017. Archived from the original on December 24, 2017.
- ^ Iandoli, Rafael (December 20, 2017). "O que é Everipedia, a biblioteca 'incensurável' que quer derrubar a Wikipedia" [What is Everipedia, the 'unobjectionable' library that wants to overthrow Wikipedia] (in Portuguese). Nexeo. Archived from the original on February 26, 2018. Retrieved December 12, 2019.
- ^ Perez, David (December 7, 2017). "Everipedia: la alternativa del cofundador de la Wikipedia basada en blockchain" [Everipedia: The alternative of the co-founder of Wikipedia based on blockchain] (in Spanish). Omicrono. Archived from the original on December 24, 2017.
- ^ Wallenbergtorsdag, Björn (December 14, 2017). "Wikipedia-grundare ansluter till utmanare startad av svensk 22-åring" [Wikipedia-founders Connect to challenger started by Swedish 22-year-old] (in Swedish). DiGITAL. Archived from the original on December 15, 2017.
- ^ Müller, Leonardo (December 8, 2017). "Conheça a Everipedia, uma versão da Wikipédia 'movida a blockchain'" [Meet Everipedia, a version of Wikipedia 'moved to blockchain'] (in Portuguese). TecMundo. Archived from the original on December 24, 2017.
- ^ Vodopyanova, Anna (February 8, 2018). "Everipedia closes $30M to build Wikipedia rival on blockchain technology". VatorNews. Archived from the original on February 17, 2018.
- ^ Castillo, Michael del. "How To Track Official Election Results On Ethereum And EOS". Forbes. Retrieved November 4, 2020.
- ^ "How to Disrupt any Industry in 3 Steps". Inc.com. January 9, 2016. Retrieved October 29, 2018.
- ^ a b c James, Andrea (June 12, 2017). "Can Everipedia remake collaborative encyclopedias to be inclusive and enjoyable?". Boing Boing. Archived from the original on August 18, 2017.
- ^ a b c d Christian, Jon (October 4, 2017). "Everipedia is the Wikipedia for being wrong". The Outline. Archived from the original on January 2, 2018.
- ^ Newton, Casey (February 16, 2022). "Why you can't rebuild Wikipedia with crypto". The Verge. Retrieved February 16, 2022.
- ^ a b Thi, Anh (August 10, 2017). "Everipedia: Bản sao xấu xí và tội lỗi của Wikipedia" [Everipedia: ugly copy and sin of Wikipedia] (in Vietnamese). VNG Corporation. Archived from the original on February 26, 2018.
- ^ "UCLA alumni create online encyclopedia powered by cryptocurrency". dailybruin.com. Retrieved January 26, 2019.
- ^ Baird, Addy (October 2, 2017). "White House-credentialed media outlet falsely accuses 'far left loon' of Las Vegas shooting". ThinkProgress. Archived from the original on October 26, 2017.
- ^ John Roberts, Jeff (February 8, 2018). "Blockchain Rival to Wikipedia Raises $30 Million, Plans Token 'Airdrop'". Fortune. Archived from the original on February 13, 2018.
Everipedia
View on GrokipediaHistory
Founding and Early Years (2014–2017)
Everipedia was founded in 2014 by Sam Kazemian and Theodor Forselius, who were students at the University of California, Los Angeles (UCLA), with the initial development occurring in a dorm room.[1][10] Travis Moore joined as a co-founder and the company's first chief technology officer shortly after inception, bringing expertise in molecular biology, biochemistry, and neuroscience from his UCLA background.[1] The founders sought to address perceived limitations in existing encyclopedias like Wikipedia, including restrictive editing policies and centralized control, by creating a platform with a more permissive approach to content inclusion and a user-friendly interface.[11][10] The platform launched in December 2014 as a web-based wiki, functioning as a fork of Wikipedia to enable rapid bootstrapping of content while allowing broader topics and sources deemed insufficiently notable by Wikipedia's standards.[12] By early 2015, the public website was operational, emphasizing collaborative editing with minimal barriers to entry and positioning itself as "everyone's encyclopedia" to encourage wider participation beyond academic or institutional gatekeepers.[13] Early features included a non-tradable points system called IQ to track and reward contributor efforts, fostering community-driven growth without monetary incentives at that stage.[1] From 2015 to 2017, Everipedia expanded its article base through volunteer editors, prioritizing comprehensiveness over strict verifiability criteria, which allowed coverage of niche, emerging, or controversial subjects often excluded elsewhere.[11] The company remained bootstrapped and focused on organic development in Los Angeles, with no major funding rounds disclosed during this period.[1] By late 2017, amid growing interest in blockchain for decentralization, Everipedia announced intentions to migrate its operations to a blockchain-based model, marking the prelude to its evolution beyond a traditional wiki.[3] This shift was motivated by desires to mitigate single points of failure in content moderation and enhance transparency in editorial processes.[11]Blockchain Adoption and Expansion (2018–2021)
In February 2018, Everipedia secured $30 million in funding led by Galaxy Digital's EOS.IO Ecosystem Fund, DNA Fund, and other investors to support its transition to a blockchain-based platform built on the EOS.IO software.[14][15] This investment facilitated the project's shift from a centralized fork of Wikipedia to a decentralized encyclopedia leveraging EOS for data storage, edit verification, and incentive mechanisms. In March 2018, Everipedia announced an upcoming airdrop of its native IQ token, which occurred on July 12, 2018, distributing 51% of the total supply to EOS holders and early contributors to bootstrap network participation.[16] The project's mainnet launched on August 9, 2018, integrating the encyclopedia directly onto the EOS blockchain, enabling users to stake IQ tokens for rewards tied to content curation and validation.[17] This marked a pivotal expansion, as the blockchain allowed for immutable logging of edits, decentralized governance via token voting, and economic incentives to counter centralized editorial biases observed in traditional platforms. By late 2018, Everipedia outlined further growth plans, including enhanced staking features and broader content onboarding to increase article volume and user engagement on the decentralized network.[18] Between 2019 and 2021, adoption accelerated with key milestones such as the IQ token's listing as the first EOS-based asset on Binance in June 2020, boosting liquidity and visibility.[19] In October 2020, Everipedia partnered with the Associated Press to publish U.S. election race-call data on the EOS blockchain, demonstrating practical utility for verifiable, tamper-resistant information dissemination.[20] These developments contributed to reported growth metrics, including over 300 million cumulative wiki views and more than 50,000 daily active users by mid-2020, reflecting expanded community involvement in blockchain-verified content creation.[21]Rebranding and Inactivation (2022–Present)
In October 2022, Everipedia rebranded to IQ.wiki, marking a strategic pivot to a specialized encyclopedia focused on blockchain and cryptocurrency topics, with the beta launch occurring on October 11.[22] [1] This rebranding accompanied a migration from the Ethereum blockchain to Polygon, enabling lower transaction costs and improved scalability for its decentralized operations.[23] [1] The shift emphasized verifiable, decentralized knowledge in the crypto ecosystem, positioning IQ.wiki as the first wiki dedicated to this niche and claiming status as the largest such resource with thousands of pages.[2] [4] Concurrent with the rebrand, the original Everipedia platform was archived and converted to read-only mode, inactivating user contributions and edits on its broader, general-purpose content base.[2] This inactivation preserved historical articles while redirecting resources to the crypto-centric model, under the oversight of parent entity IQ and emerging from a 2022 restructuring that established Brainfund as the overseeing company for IQ.wiki and related assets.[9] The move reflected a recognition that Everipedia's initial ambition for a Wikipedia-like general encyclopedia faced scalability and adoption challenges in competing with established centralized platforms, leading to a narrower focus where blockchain incentives could drive specialized contributions.[1] Since the rebranding, IQ.wiki has sustained active development, integrating AI tools such as the 2023 launch of AIDEN, an AI agent for blockchain research, and subsequent announcements like IQ AI for enhanced content generation and verification.[1] The platform operates fully on Web3 principles, powered by the IQ token for staking, governance, and rewards, with ongoing expansions in partnerships and ecosystem tools as of 2024–2025.[4] [24] No full shutdown has occurred; instead, the inactivated Everipedia archive coexists with the evolving IQ.wiki, which reports thousands of pages and integrations across decentralized applications.[25]Technology and Features
Core Blockchain Infrastructure
Everipedia's core blockchain infrastructure originated with its 2018 migration to the EOS platform, selected over Ethereum for superior scalability and transaction throughput via delegated proof-of-stake (DPoS) consensus, which elects block producers to validate transactions without energy-intensive proof-of-work.[26][18] This setup enabled the Everipedia Network, a peer-to-peer system of EOS smart contracts handling content submission, curation, and governance, where users stake IQ tokens to participate in verification and dispute resolution.[27][12] The IQ token serves as the native utility and governance asset, facilitating staking for editorial rights, rewards for quality contributions, and penalties for vandalism through slashing mechanisms encoded in smart contracts.[28] Initially distributed via a 51% airdrop to EOS holders on July 12, 2018, IQ underpins economic incentives, with transaction fees partially burned to manage supply.[28] Content pages are represented as blockchain entries, allowing immutable logging of edits, provenance tracking, and community-voted consensus on accuracy, distinct from centralized databases by distributing control to token holders.[29] Subsequent evolution introduced multichain compatibility, integrating Ethereum, Polygon, Binance Smart Chain, and Fraxtal to support DeFi liquidity and AI-enhanced features like the Agent Tokenization Platform (ATP).[28] On Fraxtal, a Proof of Inference (AIVM) consensus variant powers autonomous AI agents for dynamic content curation, while MCP ABI and ADK toolkits enable cross-chain smart contract interactions.[28] This hybrid architecture maintains EOS as the foundational layer for core operations but leverages layer-1 and layer-2 solutions for efficiency, with off-chain storage (e.g., Google Cloud integration since 2024) hashed on-chain for verification integrity.[28] BrainDAO governs protocol upgrades, ensuring adaptability without compromising decentralization.[30]IQ Token and Economic Incentives
The IQ token, launched in 2018, serves as the native cryptocurrency of the Everipedia network, now rebranded as IQ.wiki, functioning primarily as a utility, governance, and incentive mechanism within its blockchain-based knowledge ecosystem.[28][31] It enables decentralized finance applications, including staking for rewards and participation in decision-making through BrainDAO, the governing decentralized autonomous organization formed in 2021 to manage the token and ecosystem development.[30][32] By design, IQ aligns user contributions with network value creation, where token holders can stake assets to signal commitment and earn yields, fostering long-term engagement over short-term speculation.[33] Economic incentives center on rewarding content creation and curation to build a high-quality, verifiable encyclopedia. Contributors earn IQ tokens for authoring, editing, and improving articles, with rewards distributed based on peer validation and content utility, such as well-cited entries that enhance the platform's knowledge base.[34][2] Tokens are minted at regular intervals—every half-hour for editor and curator rewards, and up to 350,000 IQ daily to incentivize training of AI agents that power content verification and ecosystem tools like AIDEN.[28][2] This minting schedule, combined with staking requirements, creates a meritocratic reward system where validators, often staked token holders, vote to approve or reject contributions, theoretically filtering low-quality or biased edits through economic accountability.[2][32] Staking IQ into hiIQ amplifies these incentives by providing passive income proportional to stake duration and amount, while granting voting power in governance proposals via BrainDAO.[35][33] Stakers influence protocol upgrades, treasury allocation from BrainDAO's IQ holdings, and premium feature access, such as enhanced editing tools or DeFi integrations, encouraging sustained participation and reducing token velocity.[36] The model's deflationary elements, including potential token burns or locks, aim to counteract inflation from minting, though actual scarcity depends on adoption and governance outcomes.[28] Overall, these mechanisms seek to economically bootstrap a decentralized alternative to centralized encyclopedias by tying token value to the production of truthful, sourced knowledge.[37]Content Verification Mechanisms
Everipedia employs a decentralized curation model powered by blockchain smart contracts and the IQ token to verify and maintain content quality, contrasting centralized editorial controls by incentivizing community participation through economic stakes. Initially built on the EOS blockchain in 2018, the system required users to stake EOS or IQ tokens to propose edits or curate pages, with staked assets at risk of slashing for low-quality or malicious contributions, thereby raising barriers to spam and vandalism.[5][18] Curation operates via a peer-to-peer network where editors submit changes as blockchain transactions, and curators—token holders—review and vote on them using proportional staking or governance mechanisms to approve revisions and allocate rewards. IQ tokens are minted and distributed every 30 minutes to validated contributors based on community consensus votes by staked token holders, rewarding high-quality submissions while penalizing inaccuracies through token forfeiture or reduced influence.[2][38][39] The architecture includes dedicated modules for token balances (handling transfers and staking), governance (enabling disputes and voting), and article submissions (recording immutable versions on-chain), fostering transparent verification without single points of failure. This token-curated registry approach, inspired by decentralized autonomous organizations, aims to align incentives for truthfulness by making curators economic stakeholders in content accuracy.[40][41] Following the 2021 migration to its own IQ blockchain and rebranding to IQ.wiki, verification has incorporated AI-driven tools for automated content analysis, source checking, and flagging inconsistencies, supplemented by human curators who earn IQ for refinements. BrainDAO, governing the platform since 2022, oversees staking pools like HiIQ, where longer locks enhance voting power and rewards for curation tasks, though critics note potential for token concentration influencing outcomes.[42][4][2]Business and Funding
Key Investments and Fundraising
Everipedia secured its initial seed funding of $120,000 from Mucker Capital shortly after its founding in 2014, enabling early platform development.[12] In 2015, the company received additional seed investments from angel investors, including plastic surgeon Kami Parsa.[43] In 2016, Everipedia raised approximately $149,000 through a crowdfunding campaign on WeFunder, attracting retail investors interested in its decentralized knowledge-sharing model.[44] The company's most significant fundraising occurred in February 2018 with a $30 million Series A round led by Galaxy Digital's EOS.IO Ecosystem Fund, alongside Distributed Network Advisors (DNA Fund) and other strategic blockchain-focused investors.[14][45][46] This capital supported the migration of its encyclopedia to the EOS blockchain and the launch of the IQ token, which served as both a utility for staking and governance within the platform's economic model.[47] No subsequent major equity rounds have been publicly disclosed following the rebranding to IQ.wiki in 2021.[48]Partnerships and Ecosystem Development
Everipedia formed strategic partnerships with blockchain projects to enhance data storage, verification, and accessibility. In February 2019, it collaborated with Arweave to permanently store its encyclopedia content on a blockchain designed for indefinite data preservation, aiming to safeguard human knowledge against censorship or loss.[6] This integration supported Everipedia's decentralization goals by leveraging Arweave's proof-of-access mechanism for long-term data integrity.[49] In October 2019, Everipedia partnered with the Brave browser to promote both platforms through community campaigns, emphasizing blockchain-enabled access to information and user rewards via Brave's Basic Attention Token ecosystem.[50] The collaboration sought to drive user engagement and adoption in decentralized knowledge sharing.[51] Additionally, Everipedia integrated with Chainlink for oracle services, notably securing U.S. election data on-chain in November 2020 after verification by the Associated Press, which bolstered its capacity for real-world data oracles in a misinformation-prone environment.[52][53] Following its 2022 rebranding to IQ.wiki and migration to the Polygon blockchain in 2023, ecosystem development accelerated through integrations with cryptocurrency projects to expand content on Web3 topics and facilitate IQ token utility.[54] In January 2022, a bridge partnership with Ozys enabled IQ token transfers to the Klaytn network, enhancing cross-chain liquidity and holder access to DeFi opportunities.[55] Recent collaborations include May 2024 ties with MVL for blockchain mobility documentation, December 2024 partnerships with Do Network for Web3 user education, and Chain4Energy for DePIN energy solutions coverage, all aimed at enriching IQ.wiki's crypto-focused repository and fostering community-driven verification.[56][57][58] These efforts, coordinated via IQ.wiki's business development team, prioritize integrations with AI and DeFi protocols to build a tokenized knowledge ecosystem powered by the IQ token for incentives and governance.[25]Content and Community
User Contributions and Governance
Users contribute to IQ.wiki, the successor platform to Everipedia, by proposing article edits or submissions, which require staking a fixed amount of IQ tokens as collateral.[2] Approved contributions return the staked tokens plus rewards in IQ, while rejected ones may result in partial or full slashing of the stake to deter low-quality input.[2] This staking mechanism incentivizes high-quality content, with edit proposals subject to community voting where participants stake IQ tokens to vote up or down, locking stakes for a 21-day period to align incentives with long-term platform health.[27] Governance of the IQ ecosystem, including IQ.wiki, operates through BrainDAO, a decentralized autonomous organization where IQ token holders convert stakes to HiIQ for proportional voting power on proposals affecting platform operations, token economics, and content policies.[30] [25] Stakers earn additional IQ rewards while participating, fostering active involvement in decisions such as treasury allocation from BrainDAO's IQ holdings or updates to verification processes.[35] This model aims to distribute control beyond centralized editors, though practical implementation relies on sufficient staker participation to prevent dominance by large holders.[39] During the beta phase, editing access is gated via signup to the Brainlist, requiring users to create an account and potentially undergo verification to maintain editorial standards amid the shift to crypto-focused content.[25] Community feedback mechanisms, including social media engagement and response to edit requests, further integrate user input into ongoing refinements.[4]Shift to Crypto-Focused Encyclopedia
Following its integration with blockchain technology in 2018, Everipedia experienced a natural migration of its user base and content creation toward cryptocurrency and blockchain-related topics, as the platform's decentralized incentives aligned with the interests of crypto enthusiasts and developers.[59] This organic shift was driven by the launch of the IQ token, which rewarded contributions in a manner that appealed to participants in the emerging Web3 ecosystem, leading to a predominance of specialized articles on tokens, protocols, and decentralized finance projects.[28] By 2020, the platform's readership and editorial focus had substantially transformed, with a marked emphasis on fintech and blockchain innovations, reflecting the broader market dynamics and the limitations of generalist encyclopedias in capturing rapidly evolving technical domains.[9] This evolution culminated in October 2022, when Everipedia rebranded as IQ.wiki and migrated its operations to the Polygon blockchain within the Ethereum ecosystem, positioning itself explicitly as the world's largest blockchain and crypto encyclopedia.[60] The rebranding incorporated Web3-specific features, such as enhanced token integrations and community governance tools tailored for crypto content, enabling deeper specialization while archiving the original Everipedia as a read-only resource.[1] This pivot allowed IQ.wiki to differentiate from traditional encyclopedias by prioritizing verifiable, incentive-aligned contributions in niche areas like decentralized applications and tokenomics, where centralized moderation often struggles with factual accuracy amid high-velocity information flows.[2] As a result, the platform amassed extensive coverage of over 10,000 crypto-related entries by 2023, fostering a self-sustaining knowledge base sustained by IQ token economics rather than advertising or donations.[4]Reception and Criticisms
Achievements in Decentralization
Everipedia achieved a major milestone in decentralization on August 9, 2018, with the launch of its mainnet on the EOS blockchain, marking the platform's transition to a fully operational decentralized encyclopedia without reliance on centralized servers.[17][61] This implementation enabled peer-to-peer content management, where edits and verifications are recorded immutably on the blockchain, enhancing resistance to censorship and single points of failure compared to traditional centralized platforms.[3] The launch facilitated staking of IQ tokens by users to participate in network validation, with rewards distributed for contributing to content accuracy and platform upkeep.[18] The IQ token underpins Everipedia's decentralized governance model, allowing holders to stake assets and vote on content legitimacy, edit approvals, and protocol rules, thereby distributing control away from any central authority.[12][29] Through mechanisms like the HiIQ staking system, users lock IQ tokens for extended periods—up to four years—to amplify their voting power (e.g., 100 IQ yielding 400 HiIQ), enabling participatory decision-making on ecosystem proposals such as tokenomics adjustments and feature developments via BrainDAO.[28] This token-driven verification process incentivizes high-quality contributions by tying economic rewards to community-voted consensus, fostering a self-sustaining decentralized knowledge verification layer.[5] By integrating blockchain for transparent, account-based editing accessible to EOS wallet holders, Everipedia demonstrated early proof-of-concept for decentralizing encyclopedic content creation, influencing subsequent projects in tokenized knowledge platforms.[62] The platform's pivot to IQ.wiki in 2022 further embedded these features within a crypto-focused ecosystem, where IQ staking governs ongoing decentralization efforts like AI agent tokenization for DeFi applications.[28]Controversies Over Content Quality
Everipedia encountered early criticism for hosting sensationalized and occasionally inaccurate articles, particularly on celebrities and pop culture topics, which contrasted with Wikipedia's stricter notability and sourcing standards. In 2019, reports highlighted instances where the platform's permissive editing policies allowed unsubstantiated claims to persist, drawing comparisons to tabloid-style content rather than encyclopedic entries.[7] This stemmed from its initial lack of robust verification mechanisms, relying instead on community voting and token stakes, which critics argued failed to filter low-quality submissions effectively.[63] The introduction of IQ token incentives exacerbated concerns over content quality, as the system rewarded edits and staking based on perceived value rather than factual rigor, leading to accusations of spam, promotional crypto-related pages, and a "graveyard" of scraped or minimally edited Wikipedia imports. By 2022, analyses noted that financial motivations—such as locking tokens for high APR yields—prioritized economic participation over substantive improvements, resulting in unbalanced perspectives and promotional bias, especially after the pivot to a crypto-focused encyclopedia as IQ.wiki.[64][2] Critics, including tech journalists skeptical of blockchain applications, contended that these incentives mirrored paid editing pitfalls on traditional platforms but amplified them through decentralization, undermining long-term reliability without centralized oversight.[64] Despite efforts to implement community governance and staking penalties for poor contributions, ongoing challenges included outdated articles and difficulty attracting high-caliber editors beyond niche crypto enthusiasts, as evidenced by user-generated content requiring constant vetting akin to Wikipedia but with fewer established norms.[42] Proponents like co-founder Larry Sanger argued that such issues reflected Wikipedia's own biases, but independent reviews affirmed that Everipedia's model often produced lower factual density in non-crypto topics during its formative years.[38][12]Comparative Analysis with Wikipedia
Everipedia's core innovation lies in its blockchain-based decentralization, contrasting sharply with Wikipedia's centralized, foundation-controlled model that depends on volunteer editors and administrative oversight. This structure enables Everipedia to store content immutably on a distributed ledger, reducing single points of failure and potential censorship by any authority, as each edit requires on-chain consensus rather than top-down approval.[3] [5] In practice, this fosters resilience against coordinated deletions or biases enforced by a small cadre of moderators, a vulnerability in Wikipedia where policies like "reliable sources" have been critiqued for favoring mainstream outlets with documented left-leaning systemic biases in coverage of politics, science, and culture.[65] [66] Incentives represent another divergence: Everipedia rewards contributors with IQ tokens for verified, high-quality edits via staking and voting mechanisms, aiming to align economic self-interest with informational accuracy and encouraging broader participation beyond Wikipedia's unpaid, ideologically driven volunteers.[67] [5] Wikipedia's reliance on intrinsic motivation has sustained its scale—handling over 18 billion monthly page views as of 2023—but invites criticisms of editor cliques enforcing partisan neutrality, such as underrepresenting conservative viewpoints or emerging technologies until institutional validation arrives.[38] Everipedia's model theoretically democratizes governance, with token holders voting on disputes, though early implementations required some centralized validation, diluting pure decentralization.[68] Content policies further highlight contrasts: Everipedia eschews Wikipedia's strict notability guidelines, permitting articles on niche or speculative topics like blockchain projects without needing extensive secondary sourcing, which accelerates coverage of fast-evolving fields but risks unverified claims proliferating if incentives fail to filter low-effort contributions.[38] [69] Wikipedia's emphasis on peer-reviewed or establishment sources ensures factual rigor for historical topics but has been faulted for systemic omissions, such as delayed or skewed entries on cryptocurrency until academic consensus emerged, reflecting broader institutional lag.[65] Empirical data underscores Wikipedia's dominance in reliability for settled knowledge, with studies affirming its accuracy rivals printed encyclopedias in non-controversial areas, whereas Everipedia's pivot to IQ.wiki in 2022—focusing on crypto ecosystems—has narrowed its scope, yielding specialized depth but limited general utility and user base growth beyond 3 million monthly visits at peak in 2017.[3] [26]| Aspect | Wikipedia | Everipedia (IQ.wiki) |
|---|---|---|
| Governance | Centralized nonprofit with admin-enforced policies | Decentralized blockchain with token-voted consensus[3] |
| Incentives | Volunteer-driven, no monetary rewards | IQ tokens for edits and staking[5] |
| Content Restrictions | Strict notability and sourcing rules | Minimal barriers, broader topic inclusion[38] |
| Bias Mitigation | Relies on "neutral point of view" policy, prone to editor demographics | Economic incentives and distributed verification to counter cliques[67] |
| Scale (Peak Metrics) | Billions of monthly views; 6+ million articles | ~3 million monthly users; crypto-focused pivot post-2022[3] |
Legacy and Impact
Innovations in Knowledge Platforms
Everipedia innovated by integrating blockchain technology into an online encyclopedia, enabling decentralized content storage and verification to prevent tampering and central control. In December 2017, the platform announced its transition to a peer-to-peer, user-owned model on the EOS blockchain, allowing contributors to stake tokens and participate in curation without reliance on traditional administrative hierarchies.[3][70] Central to its design is the IQ token economy, which rewards users for creating, editing, and verifying articles through staking and voting mechanisms. Token holders evaluate contributions and distribute rewards, aligning incentives for accurate, high-quality content while enabling the purchase of premium services within the network.[29][2] The governance system further decentralizes authority, permitting IQ holders to approve or reject edits, enforce encyclopedia-wide rules, and influence platform development via on-chain voting. This model aims for an autonomous knowledge base sustained by user participation rather than advertisements or donations, as outlined in its technical whitepaper.[29][6] Following its 2023 rebranding to IQ.wiki on the Polygon blockchain, the platform incorporated AI-driven editors trained on blockchain datasets to automate curation, generate entries, and ensure timeliness, particularly for cryptocurrency topics. This hybrid approach positions IQ.wiki as the largest specialized encyclopedia in blockchain and crypto, with thousands of pages powered by community and algorithmic contributions.[54][4]Current Status as IQ.wiki
IQ.wiki, the rebranded successor to Everipedia, completed its transition on October 11, 2022, shifting focus to a specialized encyclopedia for blockchain, cryptocurrency, and Web3 topics.[59] This pivot aligned with expansion to the Polygon blockchain, enabling decentralized operations and integration with the IQ token for governance and staking rewards.[1] As of 2025, it maintains thousands of pages on crypto projects, protocols, and events, positioning itself as the largest repository of such knowledge.[42] The platform incorporates AI tools, including an advanced editor trained on blockchain datasets for content curation and article summarization, alongside the 2023 launch of AIDEN, an AI agent tailored for blockchain analysis.[4][1] IQ token holders govern via staking on platforms like HiIQ, influencing decisions and earning yields within the IQ AI ecosystem, which emphasizes DeFi and agent tokenization.[2][71] Content updates remain current, covering 2025 developments such as Ethereum's proposed Fusaka upgrade and the CLARITY Act for digital asset regulation.[72][73] Governance occurs through BrainDAO, managing the IQ ecosystem since 2021, with recent expansions like IQ AI's August 2025 partnership with NEAR Protocol for user-owned AI advancements.[30][71] The project sustains activity via GitHub repositories and dApp integrations, fostering community contributions in a decentralized model distinct from centralized encyclopedias.[74][75]References
- http://bitcoinwiki.org/wiki/everipedia
