Share this article
Wikipedia Competitor Everipedia's Blockchain Is Now Live
Blockchain-based Wikipedia competitor Everipedia launched its mainnet on Thursday, based on the EOS network.
By Nikhilesh De
Updated Sep 13, 2021, 8:16 a.m. Published Aug 9, 2018, 4:00 p.m.
Make us preferred on Google
The mainnet for decentralized encyclopedia startup Everipedia is now live.
The blockchain-based Wikipedia competitor announced the launch on Thursday, allowing users to earn its IQ tokens for adding or editing articles to the platform. These tokens, in turn, will let users participate and vote on network governance issues.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Everipedia's developers hope that this type of model will ensure that the platform remains fully independent of donations or advertisements. At the same time, the push toward decentralization is aimed at making the platform itself "uncensorable."
While Everipedia was previously accessible by anyone with an internet connection, the mainnet launch means it will now move from a traditional Web hosting service to a blockchain with a new URL.
The platform is built on top of the EOS blockchain platform, with Everipedia having moved to the EOS network earlier this year.
Everipedia announced that it would initially distribute its IQ tokens through an airdrop after EOS went live. Any user who owned EOS tokens could receive IQ tokens, the startup said at the time.
The startup notably boasts Wikipedia co-founder Larry Sanger as its chief information officer, as previously reported by CoinDesk.
In a statement, Sanger praised the launch, saying "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."
Image via Shutterstock
More For You
Pudgy Penguins is building a multi-vertical consumer IP platform — combining phygital products, games, NFTs and PENGU to monetize culture at scale.
What to know:
Pudgy Penguins is emerging as one of the strongest NFT-native brands of this cycle, shifting from speculative “digital luxury goods” into a multi-vertical consumer IP platform. Its strategy is to acquire users through mainstream channels first; toys, retail partnerships and viral media, then onboard them into Web3 through games, NFTs and the PENGU token.
The ecosystem now spans phygital products (> $13M retail sales and >1M units sold), games and experiences (Pudgy Party surpassed 500k downloads in two weeks), and a widely distributed token (airdropped to 6M+ wallets). While the market is currently pricing Pudgy at a premium relative to traditional IP peers, sustained success depends on execution across retail expansion, gaming adoption and deeper token utility.
More For You
Number of wallets with 1 million XRP is rising again
On-chain data points to underlying demand for XRP as ETFs pull in over $90 million.
What to know:
- XRP has fallen about 4 percent so far this month, even as on-chain data point to strengthening underlying investor interest.
- U.S.-listed spot XRP ETFs have attracted a net $91.72 million in inflows this month, bucking the trend of sustained outflows from bitcoin ETFs.
Top Stories
