Introduction to IQ(Everipedia)
The Everipedia Network (EPN) is a decentralized encyclopedia database fully governed by token holders. Token holders can approve edits, create network-wide rules that govern the encyclopedia, as well as buy and sell services for tokens on the network. This also means that tokens play a central role in the consensus protocol of finalizing data entry into the network.
The Everipedia Network turns the non-profit knowledge industry into a knowledge economy where economic incentives can guide the creation of knowledge content. With the EPN one can connect directly to the world’s largest wiki database from any site. We imagine a future in which even non-programmers can create sites that utilize the Everipedia Network through something as simple as a Wordpress template.
Network effects have had a heavy centralization effect on the knowledge industry preventing serious competition and market forces from springing up. Wikipedia is one of the largest websites in the world boasting over 19 billion pageviews a month across all languages. However, Wikipedia unintentionally traps the knowledge capital it generates within its own platform when its content could be used to create a thriving knowledge economy.