Preface Summary: 🔔
IQ Token is a cryptocurrency project supported by IQ.wiki (formerly Everipedia), a knowledge assistant that combines blockchain and artificial intelligence technologies to provide users with real-time, relevant blockchain knowledge.
Project Description:
IQ Token is a cryptocurrency dedicated to building a smarter future through artificial intelligence and blockchain technology. IQ Token powers a knowledge ecosystem including IQ.wiki, the world's largest cryptocurrency and blockchain encyclopedia.
IQ.wiki integrates artificial intelligence to summarize encyclopedia articles. The token is managed by BrainDAO, which also includes BrainDAO's digital asset library.
Development History:
Everipedia was founded in 2014 by Sam Kazemain and Theodor Forselius in their UCLA dorm room as an alternative to Wikipedia.
Transformed into a blockchain platform in 2018: Everipedia launched the IQ token based on the EOS blockchain to support decentralized content creation and governance.
The birth of IQ.wiki in 2023: As the platform develops, Everipedia is renamed IQ.wiki and further integrates artificial intelligence technology to improve user experience and knowledge acquisition efficiency.
Project highlights:
Decentralized Platform:
● Based on blockchain: Everipedia uses blockchain technology to ensure the transparency and immutability of content, and the creation and editing records of all entries are publicly recorded on the blockchain.
● EOS Blockchain: IQ coins were initially issued on the EOS blockchain, leveraging its high performance and smart contract capabilities.
Incentives:
● Reward users: Users can earn IQ coins by creating and editing entries on Everipedia. This incentive mechanism encourages users to actively participate in content contribution.
● Content review: Community members can vote on which content should be accepted or modified to ensure content quality.
Governance and Voting:
● Decentralized governance: IQ coin holders can participate in platform governance and decide the platform’s policies and development direction through voting.
● Community-driven: Governance power is decentralized among community members, making the platform more democratic and transparent.
Economic ecosystem:
● Trading and circulation: IQ coins can be traded on supported cryptocurrency exchanges, and users can invest by buying and selling IQ coins.
● Intrinsic value: IQ coins have intrinsic value on the Everipedia platform and users can use it for voting, payments, and other activities within the platform.
Smart Contracts:
● Automated management: Use smart contracts to automatically execute and manage functions such as reward distribution, voting, and governance, reducing human intervention and errors.
Token Economy:
According to binance data, the market value of IQ tokens is $156 million, the maximum supply is 21 billion IQ, and the circulation quantity is 18.387 billion IQ. The current ranking is 339!
Summarize:
IQ tokens are used specifically to incentivize users to create and edit content on the platform. IQ.wiki uses blockchain technology to ensure the transparency and credibility of content, and combines artificial intelligence technology to provide real-time, relevant blockchain knowledge.
Whether you want to learn the basics of blockchain or get the latest market updates, IQ.wiki and IQ tokens can meet your needs and help you stay ahead in the rapidly changing blockchain field.
