Everipedia

Overview of Everipedia

Everipedia is owned and operated by the privately held Everipedia, Inc.[12][13] The site’s name is a portmanteau of the words “everything” and “encyclopedia”.[14] The company is headquartered in Westwood, Los Angeles, California near UCLA.[4] The site depicts itself as “the encyclopedia of everything” and formerly as “everyone’s encyclopedia”.[9][15] In January 2017, they had eight full-time workers including two developers.[16] As of February 2018, Everipedia has 15 full-time workers.[17]

Everipedia aims to build the most accessible online encyclopedia, and not be as restrictive as Wikipedia.[2] Everipedia adapted social media elements which include letting celebrities communicate with fans,[3] and allows users to create pages on any topic as long as the content is cited and neutral.[4][5] The site has been criticized for presenting false information on breaking news events, and for its original articles being focused on sensational topics which include YouTubers.[6]

Everipedia was founded in December 2014 and began as a small project of Sam Kazemian and Theodor Forselius in Kazemian’s college dormitory room at University of California, Los Angeles (UCLA).[5][8] The encyclopedia launched in January 2015.[9][10] Travis Moore joined the company as a co-founder in the winter of 2015 and Mahbod Moghadam joined as a co-founder in July 2015.[5][8]

Everipedia launched on the EOS blockchain on August 9, 2018.[26][27] Everipedia says the blockchain model does not have centralized servers, therefore eliminating the cost of servers.[28] As Everipedia is decentralized via blockchain, Forselius claims that it’s not possible for governments to censor Everipedia by its assigned server IP addresses.[29][30][31]

Everipedia already uses a points system where creating articles and approved edits amasses “IQ.” In January, when the site moves over to a blockchain, Everipedia will convert IQ scores to a token-based currency, giving all existing editors an allotment proportionate to their IQ—and giving them a real, financial stake in Everipedia.

Everipedia also stated they were building a peer-to-peer wiki network that adds an incentive system by using cryptocurrency technology to incentivize editors with tokens that have legitimate monetary value.[26] After the blockchain is implemented, the company plans to convert the points into a token currency.[27]

Everipedia differs from prevalent encyclopedias and research databases which include Wikipedia and Encyclopaedia Britannica in that it does not require a standard of notability for inclusion in the database, which many consider to be the key problem with both services.

Everipedia was a natural fit for me since I would often spend hours reading Wikipedia page after Wikipedia page after I fell into the rabbit hole, however when I tried to edit Wikipedia’s system was archaic and hard to use.

Everipedia, a for-profit, wiki-based online encyclopedia launched in 2015 as a fork of Wikipedia, today announced USD 30 million in funding from a group of strategic investors led by Galaxy Digital’s EOS.IO Ecosystem Fund.

Everipedia has endured the same crypto bear market that has claimed a good number of altcoin scalps, but unlike the rest of the market, has yet to show a strong recovery.

Blockchain

On December 6, 2017, the company announced plans to move to generating edits and storing information using the EOS blockchain.[21] Everipedia also stated they were building a peer-to-peer wiki network that adds an incentive system by using cryptocurrency technology to incentivize editors with tokens that have legitimate monetary value.[22] After the blockchain is implemented, the company plans to convert the points into a token currency.[23] The tokenized system would let every user become a stakeholder in the wiki network.Each editor will put their token into play for each edit.[23] If their contribution is accepted, the user gets back the token, which will have obtained value in proportion to the content added.[23] If the edit is not accepted, the user does not get their token back.[24]

Mine

That’s still inconclusive, but the same experiment is being conducted by dozens of blockchain projects.Kik founder Ted Livingston wanted to use Kin tokens to make the messaging app many peoples’ first ‘employer,’ and several other projects aim to tokenize aspects of the gig economy.While Kik struggles through a regulatory and legal minefield, the plight of Everipedia suggests that that battle will only be the beginning of a longer war with the marketplace.

Network

“The development of new apps powered by the IQ token is the next step in truly creating a decentralized consumer dapp network around a single token,” said Everipedia President and co-founder Sam Kazemian “We’re very excited to build these apps using EOSIO technology and increase the value and utility of the IQ token along with it.”

Support

I recently became the Chief Community Officer, basically I look out for the Everipedia family and make sure all of our editors and potential editors have the support they need.It is kind of like being a parent: I am always here for you, Everipedia family!

Transactions

The Everipedia team will now stake EOS to pay for all transactions across any IQ-related dapps!This means that you will continue to be able to edit & vote on Everipedia, even when the network is congested, as it has been over the last few weeks.

What is Everipedia?

Everipedia is an online encyclopedia similar to Wikipedia, which is using EOS blockchain technology to encourage cryptocurrency users.Users upload content to the database (Everipedia Network) and receive rewards in the form of IQ tokens.The Everipedia Encyclopedia is recognized as the largest online encyclopedia in English with more than 6 million articles, including all articles from Wikipedia.Everipedia’s official mission is to modernize, consolidate, and decentralize the management of the online encyclopedia using blockchain technology.The developers aim to do so by adding more various tools during the editing process, as well as by expanding the reach of content from traditional encyclopedia websites such as Wikipedia.Now the creators of Everipedia have also developed a unique DeFi platform dApp called predIQt.

What is Everipedia?

Everipedia’s IQ Network is an Encyclopedia that allows anyone to become a stakeholder in the system and earn rank, rewards & tokens for curating content.It is fully governed by IQ token holders, who can approve edits, create network-wide rules that govern the encyclopedia, as well as buy and sell services for tokens on the network.

Q: How do you see this project changing the future of verified news?

Sam: My personal hope is that this represents the first step towards fighting misinformation and fake news.Obviously, with these specific election results, it’s more of a demonstration.But after the election, both in terms of our ongoing relationship with AP and new partners, one of the things we’ve been talking about is how do we build the infrastructure so that spreading fake news is more difficult and more costly for people who propagate it.

Building on EOSIO?

Our #BuiltOnEOSIO series showcases some of the amazing projects leveraging EOSIO technology or the EOS Public Blockchain to build a more secure and connected world.If you would like to suggest a project for us to feature, please send an email to spotlight@block.one for our Developer Relations team to review.

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Q: How is Everipedia using the EOS public network for this project with the AP?

Sam: The AP dataset will be deployed to the EOS public network, as well as Ethereum, and the EOS implementation has native EOSIO usage for pushing the cryptographically signed information to the EOS public network.

Q: What made EOSIO a good fit for this project?

Sam: The main thing with oracles is that the rate of refresh is limited by the actual rate of refresh of the chain itself.So if a block time is 10 minutes, nothing can be updated quicker than 10 minutes.On EOS, with half second block times, it’s actually quite convenient.

Q: Can you give us some background on this joint project between the AP and Everipedia?

Sam: Our vision has always been to bring knowledge on chain, such as bringing people informative articles and incentivizing editing.But recently, we realized the importance of bringing origin source information to the blockchain in the structure of oracles so that smart contracts can use them.

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History of Everipedia

In 2014, Genius forced Moghadam out after he posted sympathetic annotations to the site’s copy of mass shooter Elliot Rodger’s manifesto.

In 2017, Kazemian told Boing Boing that “Wikia, like Wikipedia, uses really old software that was built in 2001.