Designed to be an “autonomous encyclopedia without the need for advertisements or donations,” the project uses the EOS network to function and will reward curators with its own token, dubbed “IQ.”
Co-founder of Wikipedia turned Everipedia CIO Larry Sanger commented in the release that they are “elated to release [their] minimum viable network which allows users to vote on and create articles in a decentralized manner for the first time.”
Talk of a blockchain-based “alternative” Wikipedia has long floated around cryptocurrency circles, with fellow co-founder Jimmy Wales’ well-known skepticism of Bitcoin (BTC) and hands-off approach to blockchain technology serving to add to the community’s motivation.
Wales told Cointelegraph during an interview in June that he is “not planning to do anything directly in the blockchain space,” but added
“I am very intrigued by the idea. A lot of people have pitched me on their ideas