GRAND CAYMAN, Cayman Islands, Aug. 9, 2018 /CNW/ -- Everipedia, the world's largest encyclopedia built on blockchain technology, today announced the launch of its long-anticipated peer-to-peer encyclopedia, using EOS.IO technology.
The new system uses blockchain technology to reward users with "IQ" tokens for curating and editing articles. These tokens entitle the token holder to governance and voting rights within the network, essentially making every editor a stakeholder in the network. The goal of the ecosystem is to democratize the traditional encyclopedia model and economically align the incentives of the value creators and value extractors. This model aims to make feasible a fully-autonomous encyclopedia without the need for advertisements or donations. Additionally, the decentralized nature of how the articles are stored using blockchain technology also essentially makes the network un-censorable.
As the co-founder of Wikipedia and Chief Information Officer of Everipedia, Dr. Larry Sanger is a recognized industry pioneer in the online encyclopedia space, and he believes blockchain technology is making new things possible that will innovate on Wikipedia's traditional model and disrupt the online knowledge space.
"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," said Wikipedia Co-Founder and Everipedia CIO Dr. Larry Sanger.
To begin creating content and voting on the new network, users may visit iqnetwork.io. No user registration is required and only an EOS account and IQ tokens are needed to interact with the protocol.
"Our network launch marks a significant step toward decentralizing the world's knowledge on the blockchain," said Everipedia Co-founder and CEO Theodor Forselius.
"So far 16.8 million IQ has been staked by users on the network," said Everipedia Co-Founder and President Sam Kazemian.
Everipedia has millions of unique monthly visitors and about six million encyclopedia articles, surpassing English Wikipedia by content. Everipedia also has a large community of over 8,000 volunteers, enthusiasts and editors via Telegram and other prominent social networks such as Reddit and Facebook.
"We expect the number of Everipedia editors to only grow with this new incentive model introduced," said Everipedia COO Suchet Dhindsa.
About Everipedia International
Originally started in 2015 as a more modern and inclusive alternative to Wikipedia by Theodor Forselius, Sam Kazemian, Travis Moore and Mahbod Moghadam, Everipedia is now building the world's first peer-to-peer encyclopedia on the blockchain, incentivizing content creators by making them stakeholders in the knowledge base themselves. With millions of monthly unique users and over 6 million wiki articles, everipedia.org has already surpassed English Wikipedia as the world's largest English Encyclopedia by content. Find out more at everipedia.org and follow Everipedia on Facebook and Twitter.
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