Everipedia (IQ): At A Glance
Everipedia is a decentralized, online encyclopedia. Beginning in 2014, it quickly became a formidable competitor to Wikipedia. Everipedia, with backing from investors including Galaxy Digital, raised $30 million in 2018. This project aims to create a blockchain-based, decentralized knowledge repository and provide related services. It looks at things like DeFi and NFTs (non-fungible tokens) with interest. When it comes to the Everipedia platform, it's all about the IQ token.
USA-based and LA-based, Everipedia was co-founded by Christian Deciga, Theodor Forselius, Travis Moore, Mahbod Moghadam, and Sam Kazemian. Everipedia is widely regarded as an alternative to Wikipedia, emphasizing decentralization and cryptocurrency.
The year 2018 marked its greatest advancement to date. Everipedia joined the emerging decentralized financial ecosystem by forming a collaboration with Galaxy Digital during this period. Everipedia has secured $30 million in finance thanks to the partnership deal with Galaxy Digital. At now, there are 50,000 energetic Everipedia users. Everipedia (IQ) coin's inclusion on the Binance cryptocurrency exchange is another plus.
Contributors to the Everipedia platform receive incentives. IQ Tokens monitor and compensate users for their contributions. In addition, IQ Coin holders have a vested interest in the success of the Everipedia Network. Users cast votes on proposed articles and amendments with their IQ coins, expanding the database.
Everipedia (IQ): Overview
Brainchain, the first blockchain to put off-blockchain information online, will be released by Everipedia. What Libra desired in a stablecoin is what Brainchain would provide: on-chain knowledge and data, permanent storage, access to oracles, and more. World-renowned, well-known organizations will play a major role as Brainchain validators. The IQ token will function in this blockchain as the native staking asset. An individual with enough intelligence to risk an entire IQ dying on the consensus system might cause problems for dominant organizations.
Substrate, developed by Polkadot, is now Everipedia's top choice for use in the Brainchain's foundation. Over 130 applications natively compatible with Polkadot have used the Substrate platform, making it perfect for creating Brainchain as an application-specific blockchain.
Furthermore, Brainchain will be compatible with other major blockchains such as Ethereum, Binance Smart Chain (BSC), and Polygon (previously Matic Network), making it the go-to oracle option for blockchain developers in using on-chain data and expertise from reputable sources. Brainchain validators, vetted data providers, will get IQ tokens in exchange for publishing their data on the network's distributed ledger. A wide range of institutions, from governments to media outlets to financial data providers to sports leagues, will be incentivized to share their knowledge on the blockchain and supply developers with reliable information.
To incentivize IQ holders to stake and lock their tokens for the long haul, the HiQ incentive was released on August 4, 2021. The HiQ staking mechanism gives IQ holders the option of locking their IQ for a while; and the better the opportunity of acquiring limited edition NFTs.
By rewarding long-term IQ holders and encouraging holders to lock in IQ, HiQ will decrease the circulating amount of IQ, making the IQ token more valuable. Moreover, new IQ holders who wish to wager to gain rewards in tokens and NFTs are anticipated to join HiQ.
HiQ gamers have early access to 30Juicy J's Journey NFTs. Hip-hop singer Juicy J, nominated for an Oscar and a Grammy, worked with Everipedia to design a limited edition set of NFTs.
Everipedia Overview |
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Website | https://everipedia.org |
Coin Name | Everipedia |
Coin Symbol | IQ |
USD Price | $0.01 |
Marketcap | $52,492,306 |
Short Term Volume | $3,559,134 |
Total Supply | 12,070,492,550 |
Everipedia (IQ): Valuation
To facilitate the transfer of financial expertise from the on-chain world to the off-chain worlds of art and data, the IQ token combines the characteristics of a DeFi (Decentralized Finance), Non-Fungible Token (NFT), and oracle token. In addition to Ethereum (ETH) and Binance Smart Chain (BSC), the IQ token may also be traded on Polygon and EOS. Additionally, the forthcoming Brainchain, the first blockchain to deliver real-world information on-chain, will use the IQ token as its native currency. In 2018, the IQ token was introduced. It now fuels the Everipedia encyclopedia, the PredIQt decentralized prediction market, the Everipedia OraQles proprietary oracle service, and HiQ.
Everipedia is the most recent cryptocurrency project to benefit from NFT-related actions (IQ). To make "a world where all knowledge is open to all people," this decentralized database of information is built on the blockchain.
The DeFi platform is a prediction market where users may forecast future market events in exchange for bitcoin. At the same time, PredIQt is a decentralized knowledge base inside the Everipedia ecosystem.
For Retail Investors
Like a decentralized Wikipedia, Everipedia is built on the blockchain. It is built using the EOS blockchain. Anyone is welcome to contribute to Everipedia so long as their contributions are factual, unbiased, and supported by credible sources.
The Everipedia system comprises three interconnected modules: a token module, a governance module, and a submission module. In addition, PredIQt, a prediction market, is available on Everipedia, allowing visitors to speculate on the future of certain events. Users of Everipedia can stake the platform's own cryptocurrency, Tokens, on proposed changes to the encyclopedia and on the future of the network as a whole.
How To Buy & Store Everipedia (IQ)
There are several places to buy or trade Everipedia Coin (IQ ) since it is listed on numerous cryptocurrency exchanges. However, it is important to ensure the trade is "stable and well-known." One IQ coin is worth around $0.002 as of October 11, 2021.
Everipedia is one of the smaller alternative currencies that is accepted on a variety of exchanges. IQ Coin is only tradeable on Binance, Bitfinex, OKEx, and Upbit; Coinbase has yet to support the cryptocurrency. Bitfinex is the premier exchange for purchasing Everipedia coins using U.S. dollars.
Everipedia (IQ): Price History & Overview
At this time, one dollar may buy 0.00468 of Everipedia. The short-term trading volume for IQ was $3,580,930, reflecting a decrease of -1.61 percent in value. With a current market size of $52,255,988, Everipedia is ranked #350 among all cryptocurrencies.
In 2022, the price of one Everipedia is projected to peak at $0.0163.
In 2023, the maximum value of Everipedia (IQ) might reach $0.0403, with an average trading price of $0.0300, as predicted by our crypto price prediction index.
Our indicator of future crypto prices forecasts that IQ will cost more than $0.0486 by 2025. Everipedia's price at the end of the year should be at least $0.0449. Also, the highest price that IQ may reach is $0.0495.
Everipedia (IQ): Price Prediction
After a year in which its value increased by almost 260%, Everipedia Coin investors remain bullish. According to WalletInvestor, the price of IQ will increase to $0.033 in one year, representing a possible increase of 150% over the current price. WalletInvestor predicts that in five years, the price of Everipedia will rise to $0.12, which is an increase of 820 percent.
According to Digital Coin Price, IQ is predicted to end the year 2021 at $0.017. This represents a gain of roughly 40%. According to Digital Coin Price, the future is bright for cryptocurrency, which predicts continued growth over the next several years. Potential gains of 230 percent are implied by the projections that the cryptocurrency price would reach $0.025 in 2022, $0.032 in 2023, and $0.042 in 2025.
The Everipedia community hopes that the price of IQ will rise to $1, making many people who have invested in the altcoin billionaires. To reach $1 from here, the alternative coin's price would need to increase by 7,600%. Over the past year, the average monthly increase in IQ pricing has been 40%. If the Everipedia coin continues to grow at its current rate, it will be worth $1 in just one year. This would put it on track to become the first $1 cryptocurrency as early as 2022.
If the monthly growth rate were to decrease to 10%, it would take IQ four years to reach $1, putting its arrival at $1 in 2025. If the price of Everipedia Coin (EPIC) rises to $1, a $1,000 investment made today will be worth $77,000 then.
The current price of Everipedia is $0.005, and its market cap is $52,492,306. This places it at position #352 among the most valuable currencies. Price Index reports that the most recent trading volume for IQ was $3,559,134. Over the past few days, the value of Everipedia has decreased by 0.25 percent. IQ's value has decreased by 2.26 percent in the past several days. The total amount of coins that can ever be produced is 11,166,619,627.
Everipedia (IQ) Price Prediction for 2023-24
Multiple online communities and blogs provide a streamlined method of dealing with this money. This forecasting tool thinks the current price of Everipedia will hold for a very long time. The IQ's maximum value will be $0.009 in 2023. The floor price can rise to $0.008 if the market turns bullish.
There is great potential for IQ to grow in popularity and usage if the right partnerships and improvements are made. The price of Everipedia might go up significantly if investors start paying attention to it. Up to $0.013 in 2024 is possible. If the market drops, we may anticipate a corresponding IQ drop. A price of $0.011 at the end of 2024 is possible, ranging from $0.011 at the low end to $0.013 at the high end.
Everipedia (IQ) Price Prediction for 2025-29
Complex analysis is required for making long-term price forecasts for Everipedia. The native token is useful in a few different areas of the company. The decentralized nature of the internet economy is ideal. As decentralized applications (Dapps) and stable currencies develop, the network will offer competitive programmable payment, shipping, and storage options. Potential returns on IQ investments may be substantial if more individuals are interested. The average price may grow to roughly $0.017 by 2025. A price of $0.020 or less is possible at the end of 2025.
The work of the network's engineers and the community's investors will increase Everipedia's worth. As a result, 2026's projected price is an optimistic bullish projection. By 2026's end, IQ's price was projected to peak at $0.029. However, the future of Everipedia is seen with great optimism. Consequently, in 2026, depending on the market, the average price of IQ is estimated to be somewhere between $0.025 and $0.026. It is also claimed in the same phrase that the highest possible cost of IQ in 2026 will be between $0.025 and $0.029.
The price of Everipedia would soar in 2027 if it gained widespread use and formed strategic alliances with other major blockchain networks, perhaps reaching $0.044 at its all-time high. These prices, if kept, will be quite current. With the help of its expansive user base, Everipedia's price is expected to rise to unprecedented heights in 2027, when it is projected to be worth an average of $0.037 and a maximum of $0.044. Even if you know the market is bullish or bearish, it's still difficult to anticipate the price movements. In 2028, one might expect to pay close to $0.052 for a copy of Everipedia. We can get as much as $0.061 for each unit. By 2028's close, we may expect Everipedia's average price to be around $0.054. Significant price movement is anticipated within the cryptocurrency market's parameters.
By 2029, the value of one IQ point in Everipedia is predicted to rise to a level not dissimilar to its previous peak. In 2029, a median price of $0.077 is possible. We estimate that in 2029 if everything goes according to plan, the highest price Everipedia might reach is $0.090. The cryptocurrency market is susceptible to a dump even after a long bull run.
Everipedia (IQ) Price Prediction for 2030
Many investors might be intrigued by the current price range for Everipedia. So, assuming the following conditions are met, IQ can reach $0.13 by 2030 with major participation from financial institutions. In 2030, its average price will be $0.11, allowing it to surpass the current price trend and set new records. As the cryptocurrency market is susceptible to another positive wave till 2030, the price tag might fluctuate.
The bitcoin industry is propelled by extreme volatility. It is challenging to make accurate predictions and keep up with the market nowadays. It is here when the expertise of crypto analysts, of whom there are many, comes into play. For the specified periods, the projected prices are accurate. Consumers of cryptocurrencies continue to fret over regulatory crackdowns. If the market experiences an impressive bull run in 2031, Everipedia's price might rise over $0.19. Expect an average price of $0.16 in 2031 as its projected long-term investors hold on to it.
FAQs
Is it wise to put money into Everipedia?
We do not think purchasing shares in Everipedia is a wise financial decision. Why? Well, there is a lot of competition from other crypto projects like it. It does not stand out in terms of technology or originality. It does not have a real user base, not counting speculators and the hype-chasing crowd. This project's crew has yet to prove itself.
Can we put a price tag on Everipedia?
The price may go up to $0.0029 shortly. For eight to ten years, it will reach zero.
The price of Everipedia is expected to increase, but why?
The chances of Everipedia being successful are low. There is no first-mover advantage, distinctive value offer, and a limited staff and user base to back it up. These factors preclude Everipedia from being a sustainable source of price increases when taken together.
What is Everipedia (IQ)?
Since its inception, the Everipedia platform has required its own cryptocurrency, so the Everipedia Coin was born. Everipedia aims to encourage user participation in the site's peer-review process by offering IQ tokens as compensation for such contributions. IQ coins are used to pay for premium services in Everipedia's store.