Everipedia is based on the online encyclopedia Wikipedia. It was founded in December 2014, with the site launching in 2015, forked from Wikipedia. The platform is owned by Everipedia Inc., with headquarters in Santa Monica, Los Angeles, California. Most of Everipedia pages are copied from Wikipedia.
The name of the site is based on a blend of the words “everything” and “encyclopedia”. Everipedia seeks to build the world’s most accessible online encyclopedia and does not intend to be as restrictive as Wikipedia. For example, Everipedia adapted social elements like celebrities’ interactions with fans and enables users to create pages on a range of topics for cited and neutral content. Everipedia uses EOS blockchain technology and the IQ cryptocurrency token for content generation and to prevent countries from blocking its content. In August 2018, Everipedia launched on the EOS blockchain.
History of Everipedia
Everipedia, Inc. owns and operates Everipedia, Inc with headquarters in Westwood, Los Angeles, California near UCLA. The company has raised capital and received funding from angel investors. Mucker Capital provided the company’s first seed funding and has raised almost $130,000 on Wefunder. They raised over $700,000 from angel investors by January 2017. On February 8, 2018, the company announced that it has raised $30 million in funding headed by EOS blockchain. In 2016, the company claimed to be worth $10 million with the site generating its income from advertisements.
Everipedia announced in December 2017, that it was moving to generating edits and storing information via the EOS blockchain. Everipedia stated they were building a peer-to-peer wiki network that includes a system that employs crypto technology as an incentive for editors using tokens with real monetary value. With the implementation of the blockchain, the company intends to convert points into a token currency. The tokenized system lets every user become a stakeholder in the wiki network. All editors can use their tokens for each edit. With the acceptance of their contribution, users can receive their tokens back, which will now be more valuable compared to the content added. However, an edit that is not accepted will lead to the non refund of the token. According to Everipedia, the EOS blockchain model does not have centralized servers, eliminating server costs.
Everipedia will be Listed on Atomars
Everipedia (IQ) has announced that it will be listed on Atomars on the 21st of November and trading pairs will be: IQ/BTC and IQ/EOS.
Atomars is a new digital assets trading platform on the cryptocurrency marketplace that is currently bridging the gap between fiat and cryptocurrencies. The Atomars platform is a fast, safe, secure and user-friendly platform that seeks to make trading easy for everyone. You can find many cryptos, such as Bitcoin, Ethereum, USDT, Litecoin and more on the platform. They have a web and mobile app which makes trading on the go easy and fun.