What is this IQ Project?
IQ Coin, or IQ Token, is the native cryptocurrency of the IQ Project. It was first launched in 2018 as part of the Everipedia platform. Everipedia is known as the first blockchain-based encyclopedia and aimed to create a decentralized knowledge base. Over time the project evolved and was rebranded as IQ.wiki in 2022, now focusing on integrating Web3 features and expanding its ecosystem
Objectives of the Project ??
1. IQ Tokens are used for governance in the IQ ecosystem, allowing their holders to participate in decision-making processes. It also serves as a utility token to maintain decentralization and encourage content contributions
2. The token is integrated with decentralized finance (DeFi) applications. Users can earn returns by staking IQ Tokens and participate in decentralized financial services without the need for intermediaries
3. Originally launched on the EOS blockchain, IQ Tokens are now also available on different blockchain platforms such as Ethereum (ERC-20 token), Polygon and Binance Smart Chain. This cross-chain increases functionality, accessibility and usability
4. The project also introduced the OraQles service, which allows verified parties to publish real-world information onto the blockchain. This service was used primarily by the Associated Press to broadcast US election results
Project IQ Economics;
The IQ Token economy is structured with mechanisms similar to Bitcoin's halving model and a maximum supply of 21 billion tokens. This structure is designed to manage inflation and encourage long-term value growth. In addition, it will continue to gain value with the increasing number of cryptocurrency exchange investors and the leverage transactions that these investors will open.
