Wikipedia Rival Everipedia Debuts, Fulfilling End users With Crypto Tokens


Billing by itself as “the on-line encyclopedia reinvented for the fashionable age,” Everipedia has formally launched its very long-expected, peer-to-peer, on-line encyclopedia using EOS.IO technological innovation that benefits customers with crypto tokens for delivering and editing articles. These “IQ” tokens entitle the holder to voting rights within the network.

Observing by itself as as an option to Wikipedia, Everipedia seeks to democratize the encyclopedia product and give incentives to content providers. Everipedia’s founders claim its decentralized composition helps make it unattainable to censor the network. The benefits procedure is intended to provide a far more inclusive, completely-autonomous encyclopedia without the need of donations or ads.

Based On Wikipedia Model

“We are elated to release our minimum viable network which allows customers to vote on and create articles in a decentralized method for the initially time,” Dr. Larry Sanger, Everipedia’s chief data officer who co-started Wikipedia, stated in a geared up statement. He stated blockchain technological innovation has built it probable to innovate centered on Wikipedia’s product to disrupt on-line data.

End users only require an EOS account and IQ tokens to create content and vote on

“So significantly 16.8 million IQ has been staked by customers on the network,” stated Sam Kazemian, Everipedia co-founder and president.

Theodor Forselius, CEO and co-founder, added that Everipedia will aid decentralize global understanding on the blockchain.

Task Began In 2015

Kazemian and Forselius joined Mahbod Maghadam and Travis Moore in 2015 to create Everipedia as a far more inclusive option to Wikipedia.

Everipedia previously has thousands and thousands of special regular site visitors and about 6 million encyclopedia articles, exceeding English Wikipedia in content. The web page also thousands and thousands of special regular site visitors and far more than 8,000 volunteers and editors via social networks these kinds of as Facebook, Reddit and Telegram.

Jimmy Wales, founder of Wikipedia, recently stated he has reservations about blockchain. calling a bubble with a whole lot of hoopla. The Wikimedia Foundation has, nevertheless, accepted bitcoin donations due to the fact 2014 right after the U.S. Inner Income Service provided direction on how bitcoin need to be taken care of for tax needs.

Featured image from Shutterstock.

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