GRAND CAYMAN, Cayman Islands, March 20, 2018 /CNW/ -- Everipedia, the world's first and largest peer-to-peer encyclopedia project, today announced its airdrop will use the EOS.IO genesis snapshot tool for distributing IQ tokens in June 2018. IQ tokens will be a central component of the incentive structure within Everipedia's protocol, which rewards users for curating articles and allows every editor to become a stakeholder in the network.
Following the original Airdrop announcement in Korea in January 2018, Everipedia has continued to move rapidly ahead in building out its peer-to-peer knowledge platform. To date, Everipedia has more than three million unique monthly visitors and about six million encyclopedia articles, surpassing English Wikipedia by content. The Everipedia Network itself will go live shortly after the EOS mainnet is released and every EOS token that is purchased through June will be entitled to IQ tokens proportionate to their amount of EOS.
To receive IQ tokens in June, users should ensure their EOS tokens are registered for the mainnet snapshotting. In the instance that there will be multiple competing EOS mainnets in June, this distribution method will give complete flexibility on network choice since the genesis snapshot process is mandatory for any EOS network launch. In such a scenario, there would likely be a community vote for picking a network.
"The airdrop will play a significant role in helping Everipedia accomplish as wide of a distribution as possible for IQ tokens," said Travis Moore, Everipedia Co-Founder & CTO.
Everipedia is committed to transparent communications and security, which is why it has chosen to proceed with this method for the airdrop. The company will not ask for public keys or access to any funds, nor will it solicit purchases or conduct giveaways. Everipedia will continue to facilitate design discussions and collect feedback via Telegram. Further details about the percentage of the utility tokens that will be airdropped, the ratio of IQ to EOS tokens and the total circulating supply will be released as the airdrop date nears.
"We're delighted to share the airdrop date with our growing Everipedia community and look forward to further disrupting and democratizing the traditional encyclopedia model," said Everipedia Co-founder and CEO Theodor Forselius.
"This June will mark an exciting step in decentralizing the world's knowledge on the blockchain. We want to ultimately see Everipedia be one of the largest dapps in the entire ecosystem of all blockchains," said Everipedia Co-Founder and President Sam Kazemian.
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 over 3 million unique monthly users and over 6 million wiki articles, everipedia.org has already surpassed English Wikipedia as the world's largest English Encyclopedia by content.
All trademarks and product names are the property of their respective companies.