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Latest cryptocurrency news > ALTCOIN > The Emergence of Everipedia: A Decentralized Knowledge Platform
ALTCOIN

The Emergence of Everipedia: A Decentralized Knowledge Platform

BH NEWS
Last updated: 14 December 2023 20:23
BH NEWS 3 years ago
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Everipedia (IQ) is a decentralized information platform inspired by Wikipedia. It is known as a blockchain and cryptocurrency project, and it also offers prediction markets, money markets, and synthetic asset systems.

Launched as a website in 2014, Everipedia later entered the cryptocurrency sector with its own digital currency. Based in Los Angeles, USA, this project is considered to be a more decentralized and cryptocurrency-focused version of Wikipedia.

Everipedia’s major breakthrough occurred in 2018. At that time, as the decentralized finance ecosystem began to spread, the project joined this ecosystem and partnered with Galaxy Digital to provide financing for projects based on distributed ledger technology. With this partnership, Everipedia secured a fund of 30 million dollars and is now seen as an information source for the entire decentralized finance ecosystem.

The listing of Everipedia’s IQ tokens on the Binance cryptocurrency exchange marked a turning point with over 50,000 active users. Prediction markets and the generation of synthetic assets ensure the sustainable use of the IQ token.

Binance stands out as one of the world’s largest cryptocurrency exchanges, offering unique liquidity and a high level of security in IQ Coin trading. To purchase IQ Coin, users need to send fiat money or other cryptocurrencies to Binance and then buy through the IQ/BUSD trading pair.

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