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How to make money during bear market? Everipedia, rewards contributors with $IQ

10 Aug, 2018
by Paula D. Baciu
News
How to make money during bear market? Everipedia, rewards contributors with $IQ

To all the writers, editors, learners, and crypto enthusiasts out there: the co-founder of Wikipedia just launched the blockchain-based Everipedia. It’s built on EOS and rewards users with IQ tokens, according to the press release on newswire.ca.

Blockchain could be just the optimal solution for a peer-to-peer encyclopedia like Everipedia - and rewarding users with tokens make sense. Each user who holds IQ tokens automatically becomes a stakeholder with voting rights within the network. And while there are a few online encyclopedias out there already - e.g. Lunyr and Steem.it -, Everipedia set off with a different philosophy.

“Our network launch marks a significant step toward decentralizing the world's knowledge on the blockchain,” said Theodor Forselius, co-founder of Everipedia. In line with the principles of crypto space itself, they want a decentralized knowledge database, within an autonomous ecosystem. Autonomous even from ads.

Although it started off in 2015 with a concept similar to Wikipedia, it is larger and more active in terms of content than its older sister already. "Contrary to other wiki sites, Everipedia allows anyone to create a page about any person, place, organization, or thing and populate it with interesting, relevant reference links/sources," writes the platform FAQ page. 

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