What is Everipedia? Can it increase your IQ?

23.01.2020, 21:20

Most people have knowledge to share about a subject. Think about some activity that you’ve really enjoyed in your lifetime, or still enjoy. Chances are you know something that someone else doesn’t know on that subject. Maybe just a favorite computer game? It could be that people are writing about that game who may know less about it than you. If it’s a retro game there might not even be a page for it yet (on Everipedia, launched in January 2015).

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Indeed, everyone has something to contribute, especially as they grow older, gain more experience and knowledge, attain qualifications perhaps, and get to explore subjects even more in depth. 

 

Until now, Wikipedia has been the platform where information is available for free and without advertising. It has depended on writers and editors from all areas, both casual and professional to keep its articles up to date, checked for discrepancies, and incorporating different views and opinions. 

 

Why haven’t these contributors been getting paid? This is due to the inherent values behind Wikipedia as ‘The Free Encyclopedia’. It makes money via donations and by selling some products over the site. However, ‘How much can you trust Wikipedia?’ has always been the question since the early days of the web. Especially since it’s known that people do pay writers to edit Wikipedia articles (written about them mostly). 

 

And there are fundamental issues with how Wikipedia can be maintained at low cost, provide more accurate information and continue to grow. It’s amazing to think how large the platform is at present, without there having been any real reward for its contributors. 

 

So there are issues that may never be solved, but there are solutions that can make improvements to this model.

 

Rewarding contributors

 

Introducing a monetized element - an incentive - may provide an answer, and blockchain technology is on track to bringing this to human knowledge, in the form of Everipedia. In fact, one of its founders is the co-founder of Wikipedia. And indeed, its contributors are getting rewarded.

 

In the future, more and more people - and devices - will come to rely on and reference such globally, instantly accessible information. Everipedia could play a vital role, if it can be more trusted.

 

 

The Techie Side

 

Verification via blockchain (a distributed, digital ledger), along with security via cryptocurrency is now - hopefully - moving us towards a better ‘Web3’ era, where things will be more trusted, or ‘trustless’ even. The concept is that with your own account, linked to your phone or identity, there’ll be less potential for multiple or anonymous accounts to spam or falsify things. Also, we could move away from centralised storage servers, to a more decentralised infrastructure, without any single point of failure but a network of ‘nodes’ which reach consensus on the health of the network. It will make it more robust.

 

None of this ‘under the hood’ stuff matters to most people, as long as you get something back for your time on Everipedia, (besides learning in the process.)

 

How to earn IQ tokens at Everipedia

 

Everipedia has its own crypto-token (IQ) and this is how its community of writers, editors and voters are rewarded for creating and checking content. You can easily sign up and become any - or all - of these. In fact, everyone is encouraged to create their first wiki page, about themselves, and start becoming familiar with the UI or Editor, with their account and wallet.

 

You will join a growing community of part-time Everipedia supporters. And if enough people vote on your article(s), then it will be published and you’ll receive your first IQ tokens.

 

Another way is to complete our mini-tasks here at Prizes Drop, where you can garner free Bitcoin or Ethereum, and exchange these for IQ tokens on some exchanges. Then you can become invested in the project.

 

[See the current price of IQ tokens.]

 

When it comes to withdrawing your IQ tokens, you can exchange them into EOS in most cases (since the project is built on the EOS blockchain) and then into fiat or traditional money. When it comes to this part, you’ll probably want to learn something about blockchain and check out the resources beneath this article (or, just browse Everipedia pages!)

 

Still in Beta

 

Of course, introducing this monetized element is not without its unknowns, and Everipedia is still evolving and in ‘beta’. It must deal with potential issues as it grows, and while it attempts to become a trusted ‘go to’ resource. 
 

For now, it’s certainly an attractive solution to writers, editors and voters of content in search for accurate information, and it rewards users for proofing or providing it. Will Everipedia grow to become the better Wikipedia, this 'encyclopedia of everything’? Perhaps it can, with a strong community, with their diverse knowledge, and their commitment to its importance and value.

 

Here at Prizes Drop, where our users can earn free Bitcoin and Ethereum (by collecting enough points from our mini-tasks), we're excited by projects that reward users for their time and commitment. Unlike those old web days people may one day (only dimly) remember.

 


RESOURCES
 

Everipeida Medium blog

 

IQ token FAQ

 

How to make an article on Everipedia

 

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